MARKET PULSE-Merck, Chesapeake Energy, Genworth, Comcast, Time Warner

Wed May 1, 2013 7:41am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49sfaq23t)

May 1 (Reuters) - Some U.S. stocks to watch on Wednesday:

FUTURES SIGNAL SLIGHTLY HIGHER OPEN

U.S. stock index futures pointed to a slightly higher open on Wednesday with the S&P 500 futures up 0.09 percent, Dow Jones futures up 0.06 percent and Nasdaq 100 futures up 0.1 percent at 1117 GMT.

** MERCK & CO INC, Tuesday close $47, down 3 pct premarket

The company reported lower-than-expected first-quarter sales as generic competition hurt demand for its Singulair asthma drug, and the company cut its profit forecast for the full year. The company also said its board authorized additional purchases of up to $15 billion of the company's common stock.

** CHESAPEAKE ENERGY CORP, Tuesday close $19.54, up 4 pct premarket   Continued...