REFILE-MARKET PULSE-Gamestop, Dana, Combimatrix, Nautilus, Galena

Tue Jan 14, 2014 9:30am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Corrects to fix formatting in Dana item) 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 0.16 percent at 16,240, S&P 500 futures were up 0.21 percent at 1,819 and Nasdaq 100 futures were up 0.25 percent at 3,518.25.

** GAMESTOP CORP, Monday close $45.32, -12.56 pct premarket

The company forecast a fourth-quarter profit below analysts' estimates, hurt by a bigger-than-expected decline in sales of new game titles for Xbox 360 and PlayStation 3.

** GENERAL MOTORS CO, Monday close $39.58, +0.30 pct premarket

The top U.S. automaker said its global sales grew 4 percent in 2013 on strong demand in the world's two largest auto markets, China and the United States.

** WELLS FARGO & CO, Monday close $45.56, -0.48 pct premarket

The biggest U.S. mortgage lender reported a better-than-expected 11 percent rise in fourth-quarter profit as bad-loan provisions fell steeply, helping to make up for a big drop in mortgage lending.   Continued...