MARKET PULSE-Ariad, eBay, Netflix, Southwest Airlines, McDonald's

Thu Jan 23, 2014 8:41am 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 fell on Thursday. Dow Jones industrial average futures were down 0.44 percent at 16,246, S&P 500 futures were down 0.28 percent at 1,833.5 and Nasdaq 100 futures were down 0.21 percent at 3,613.

** EBAY INC, Wednesday close $54.41, +2.00 pct premarket

Carl Icahn has taken a stake in the e-commerce giant and is proposing a spin-off of the its fast-growing PayPal division, but eBay rebuffed the overture, setting the stage for a potential battle with the activist investor.

** MGIC INVESTMENT CORP, Wednesday close $9.08, +4.96 pct premarket

The mortgage insurer posted a smaller-than-expected quarterly loss as fewer U.S. homeowners defaulted in a recovering housing market.

** JOHNSON CONTROLS INC, Wednesday close $51.56, -1.09 pct premarket

The company on Thursday reported a fiscal first-quarter profit that met Wall Street expectations and reaffirmed its fiscal 2014 outlook.   Continued...