REFILE-MARKET PULSE-Wells Fargo, Combimatrix, Nautilus, Stratasys, Vivus

Tue Jan 14, 2014 8:29am EST
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(Corrects spelling of Combimatrix in headline) U.S. stock index futures advanced on Tuesday a day after the S&P 500 suffered its biggest drop in two months as investors prepared for retail sales data and the first round of earnings from major banks. Dow Jones industrial average futures were up 0.20 percent at 16,246, S&P 500 futures were up 0.12 percent at 1,817.2 and Nasdaq 100 futures were up 0.22 percent at 3,517.25.

** WELLS FARGO & CO, Monday close $45.56, -0.46 pct premarket

The biggest U.S. mortgage lender reported an 11 percent rise in fourth-quarter profit, helped by the elimination of thousands of jobs in its home-loan business in the second half of the year.

** JPMORGAN CHASE & CO, Monday close $57.7, +0.29 pct premarket

The biggest U.S. bank by assets reported a 7.3 percent drop in quarterly profit after it paid penalties to the government for not reporting suspicions of fraud by Ponzi-scheming client Bernie Madoff.

** COMBIMATRIX CORP Monday close $2.88, +10.42 pct premarket

The clinical diagnostic laboratory said it would provide its chromosomal microarray analysis testing for miscarriage analysis for pathology services provider ProPath.   Continued...