November 1, 2013 / 1:12 PM / 4 years ago

MARKET PULSE- AIG, First Solar, Chevron, Container Store, Barrick

(For more market insights, including options activity, click on ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning Call newsletter, click here)

Nov 1 (Reuters) - U.S. stock index futures edged slightly higher on Friday, indicating a Wall Street rebound following two days of losses spurred by concerns over Federal Reserve policy. S&P 500 futures were up 1.7 point and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were up 31 points and Nasdaq 100 futures were up 7.7 points.

Some stocks to watch:

** CHEVRON CORP, Thursday close $119.96, down 0.5 pct premarket

The second-largest U.S. oil company reported a decline in quarterly profit due to the impact of lower refining margins, while oil and gas production increased but remained short of its target.

** ODYSSEY MARINE EXPLORATION INC, Thursday close $2.16, up 9 pct premarket

The company on Friday responded to activist fund manager Meson Capital Partners allegations and said its existing public disclosures are accurate in all material respects.

San Francisco-based Meson Capital on Thursday published a report questioning the company’s new offshore subsidiaries. Odyssey Marine’s shares closed down nearly 24 percent on the news.

** DIGIRAD CORP, Thursday close $3.33, up 22 pct premarket

The diagnostic imaging systems maker reported its first quarterly profit in two years, helped by strong sales of its nuclear and ultrasound imaging services and lower operating expenses.

** BRUKER CORP, Thursday close $20.46, down 15 percent premarket

The scientific instruments maker’s third-quarter results missed analysts’ estimates, partly due to weak demand for its products from industrial markets. The company also lowered its full-year earnings forecast to 72-76 cents per share from the 80-83 cents it earlier estimated.

The company also expects 2013 revenue to be flat or fall by 1 percent, compared with its earlier estimate of 2-3 percent revenue growth.

** AMN Healthcare Services Inc, Thursday close $12.4, up 3 pct premarket

The company, which provides healthcare staffing and clinical workforce management services, reported better-than-expected third-quarter results, helped by A strong performance in its Locum Tenens Billing and physician permanent placement businesses.

** STARWOOD PROPERTY TRUST INC, Thursday close $25.69, up 3 pct after market

The real estate investment trust (REIT), said its board has approved a spin-off of its single-family residential business to its stockholders. The newly formed REIT will be called Starwood Waypoint Residential Trust and will apply to list on the New York Stock Exchange and trade under the ticker symbol “SWAY,” the company said.

** ENI SPA, Thursday close $50.80, down 1 pct premarket

The Italian oil and gas company, troubled by turmoil in Africa and a corruption scandal at its drilling subsidiary, reported a 29 percent fall in its third-quarter profit. The company’s production was down 3.8 percent.

** SS&C TECHNOLOGIES HOLDINGS INC, Thursday close $39.30, down 4.5 pct after market

The company, which makes software for financial service providers, forecast fourth-quarter revenue largely below analysts’ estimates on Thursday saying closing deals was taking longer as it pursued bigger clients.

** ARIAD PHARMACEUTICALS INC, Thursday close $2.20, up 6.3 pct premarket

The company has suspended sales of its leukemia drug Iclusig after an investigation by the U.S. Food and Drug Administration found that a significant number of patients developed life-threatening blood clots or narrowing of the veins.

** BRUKER CORP, Thursday close $20.46, down 15 percent premarket

The scientific instruments maker’s third-quarter results missed analysts’ estimates, partly due to weak demand for its products from industrial markets. The company also lowered its full-year earnings forecast to 72-76 cents per share from the 80-83 cents it earlier estimated.

The company also expects 2013 revenue to be flat or fall by 1 percent, compared with its earlier estimate of 2-3 percent revenue growth.

** AMERICAN INTERNATIONAL GROUP INC, Thursday close $51.65, down 3.2 pct after market

The company reported earnings nearly in line with expectations on Thursday, but the stock fell after hours as analysts still saw room for improvement in the insurer, which almost went under during the financial crisis.

** NORDIC AMERICAN TANKER LTD, Thursday close $8.16

The oil tanker operator said it would create a new offshore supply vessel company, Nordic American Offshore Ltd, which will buy six vessels.

Nordic American Tanker expects to invest about $50 million in the new company and will undertake a private equity placement to finance 80 percent of the acquisition price of these vessels, while rest will be financed via debt.

** CBOE HOLDINGS INC, Thursday close $48.43

The company, which operates the biggest U.S. stock-options market, reporter higher-than-expected quarterly profit on increased trading of exclusively listed contracts tied to stock-market indexes and volatility.

** WHITING PETROLEUM CORP, Thursday close $66.89, up 3.8 pct after market

Well costs in North Dakota’s Bakken shale may be declining more quickly than expected, if an 18 percent drop reported by top driller Hess Corp this week is any indication. Whiting Petroleum said it spent $7 million to $8.5 million on Bakken wells in October.

** BOTTOMLINE TECHNOLOGIES, Thursday close $31.42, up 7 pct after market

The company, which provides payment, invoice and document automation products, reported better-than-expected results on Thursday helped by strong subscription and transaction revenue, and raised its forecast for the year ending June 2014. Needham raised its price target on the stock by a dollar to $36.

** FLUOR CORP, Thursday close $74.22, down 2.3 pct premarket

The largest publicly traded U.S. engineering company posted a higher quarterly profit on Thursday, but its engineering project backlog shrank as the oil and gas division could not make up for lost mining work and its 2014 outlook fell short of what analysts expected.

** SPIRIT AEROSYSTEMS HOLDINGS INC, Thursday close $26.69, up 1.2 pct premarket

The maker of fuselages and wings for Boeing Co and Airbus, reported a 10 percent rise in quarterly revenue due to strong demand for large commercial aircraft.

** NETFLIX INC, Thursday close $322.48, up 2.7 pct premarket

Brokerage Robert W Baird and Co Inc raised its rating on the company’s stock to “outperform” from “neutral,” according to Theflyonthewall.com.

** GREEN DOT CORP, Thursday close $21.46, up 14 pct after market

The prepaid card company’s third-quarter results beat analysts’ estimates as card revenues rose, and raised its outlook for the year. Green Dot said it expects full-year adjusted earnings of between $$1.10 and $1.20 per share.

J.P. Morgan Securities raised its rating on the stock to “overweight” from “neutral,” according to Theflyonthewall.com.

** ARTISAN PARTNERS ASSET MANAGEMENT INC, Thursday close $59.87, down 4 pct after market

The investment management firm priced its offering of 4.8 million shares at $56 per share, a discount of about 6 percent to its Thursday’s closing price.

** FIRST SOLAR INC, Thursday close $50.31, up 8 pct premarket

The U.S. solar company reported quarterly results that blew past estimates and raised its earnings outlook for the year as it began recognizing revenue from a major project in California, sending shares higher.

** CONTAINER STORE GROUP INC

The retailer of storage products, which sells a range of items from laundry baskets to luggage, raised $225 million after pricing its initial public offering at the top end of its increased price range. The Coppell, Texas-based specialty retailer, which sells a range of storage products from laundry baskets to luggage, sold 12.5 million shares at $18 each.

** ESSENT GROUP, Thursday close $21.00, up 0.2 pct after market

The mortgage insurer’s stock debuted at $22, above its initial public offering price of $17 per share. Brokerage Susquehanna International Group LLP started it stock with a “positive” rating.

** MOHAWK INDUSTRIES INC, $132.42, up 2.7 pct after market

The maker of floor covering products late on Thursday reported third-quarter earnings in line with analysts estimates as new residential construction and remodeling drove up sales. The company forecast fourth-quarter earnings to be higher than Wall Street expectations.

** BARRICK GOLD CORP, Thursday close $19.39, down 4.9 pct after market

The world’s largest gold producer said on Thursday that it will issue more than $3 billion in stock as it looks to improve its liquidity position by paying down its large debt load.

** CANADIAN SOLAR INC, Thursday close $23

The Chinese solar products maker said it had been awarded a contract to supply 100 megawatt photovoltaic modules for a solar power project in Guazhou County in China.

** AUDIENCE INC, Thursday close $11.42, down 2.8 pct after market

The audio-chipmaker forecast fourth-quarter results largely below analysts’ estimates, hurt by weak demand from its biggest customer, Samsung Electronics Co Ltd.

J.P. Morgan Securities lowered its price target on the company’s stock following results.

** ELLIE MAE INC, Thursday close $28.90, down 17.4 pct after market

The company, whose software is used by mortgage professionals, reported a lower-than-expected third-quarter profit, hurt by lower mortgage volumes and higher R&D spending.

** TRIMBLE NAVIGATION LTD, Thursday close $28.52, up 7.4 pct after market

The navigation software maker reported better-than-expected quarterly earnings and forecast a strong fourth quarter, helped by robust sales in the transport and logistics sectors.

** BODY CENTRAL CORP, Thursday close $5.62, down 18.1 pct after market

The women’s apparel retailer reported a larger-than-expected quarterly loss as it struggled to attract customers. Chief Executive Brian Woolf attributed the disappointing third-quarter results to a decline in U.S. mall traffic and the overall weakness in the women’s apparel sector.

Brokerage Jefferies and Co Inc lowered its price target on the company’s stock following results. (Compiled by Sampad Patnaik; Editing by Joyjeet Das)

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