MARKET PULSE-Bank of America, GM, ExOne, Aeropostale, JinkoSolar

Wed Jan 15, 2014 8:29am EST
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures were slightly higher on Wednesday. Dow Jones industrial average futures were up 0.23 percent at 16,336, S&P 500 futures were up 0.17 percent at 1,836 and Nasdaq 100 futures were up 0.35 percent at 3,586.25.

** BANK OF AMERICA CORP, Tuesday close $16.77, +3.04 pct premarket

The second-largest U.S. bank reported a stronger-than-expected quarterly profit, driven by a steep fall in mortgage losses and provisions to cover bad loans.

** GENERAL MOTORS CO, Tuesday close $40.02, -0.95 pct premarket

The No. 1 U.S. automaker's new executive team expects a slight uptick in pretax profits this year, but said margins likely will remain flat until 2015. A new management team led by Chief Executive Mary Barra and President Dan Ammann took the reins Wednesday, issuing a cautious outlook for the year ahead at a Deutsche Bank auto analyst conference.

will pay the first quarterly dividend on its common stock in almost six years, marking another step in the U.S. auto maker's recovery from its bankruptcy in 2009 and sending shares up 3.2 percent in after-hours trading.

** EXONE CO, Tuesday close $62.26, -12.82 pct premarket   Continued...