January 31, 2014 / 12:42 PM / 3 years ago

MARKET PULSE-Boeing, Apple, Mattel, Simon Property, Tyson

9 Min Read

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** BOEING CO, Thursday close $126.53, -0.55 pct premarket

Boeing notched up bonuses for engineers, machinists and other employees on Thursday, a response to the company's strong 2013 performance.

The stock had fallen 5 percent on Wednesday, after conservative profit and cash-flow forecasts spooked investors on Wednesday, overshadowing the company's strong fourth-quarter profit.

** JPMORGAN CHASE & CO, Thursday close $56, -0.96 pct premarket

The company has hired private equity industry veteran Cathrin Petty to co-head its healthcare group in Europe, the Middle East and Africa, anticipating a pick up in activity in the sector.

** APPLE INC, Thursday close $499.782, -0.68 pct premarket

Samsung Electronics Co. Ltd sought to defeat the iPhone maker's bid for a permanent sales ban against some Samsung smartphones, arguing in court on Thursday that Apple's request was an attempt to instill fear among telecom carriers and retailers that carry Samsung's products.

** GOOGLE INC, Thursday close $1,135.394, +3.22 pct premarket

The company's quarterly revenue beat Wall Street's target despite an ongoing decline in prices for its online ads and deepening losses at Motorola, the handset-making division to be sold to China's Lenovo.

** MICROSOFT CORP, Thursday close $36.86, +1.06 pct premarket

The world's largest software company is likely to appoint its cloud-computing head, Satya Nadella, as its next chief executive, a source familiar with the matter said on Thursday, as the board concludes a five-month search for a tech-savvy heavy-hitter to lead the company.

** YAHOO INC, Thursday close $35.31, -1.16 pct premarket

Yahoo said it detected a "coordinated effort" to gain unauthorized access to Yahoo Mail accounts using malicious computer software.

** MATTEL INC, Thursday close $43.01, -6.53 pct premarket

The world's largest toy company missed Wall Street's profit estimates for the fourth quarter on weak demand in the United States during the all-important holiday selling season.

** AUTOLIV, Thursday close $88.28, +1.84 pct premarket

The auto safety equipment maker reported a bigger-than-expected rise in fourth-quarter earnings and forecast continued sales growth this year, albeit at a slower pace than in 2013.

** TYCO INTERNATIONAL LTD, Thursday close $39.67

The maker of fire safety and security systems reported first-quarter results above analysts' estimates and said there were signs of recovery in non-residential construction markets in North America. Commercial construction has lagged a rebound in the U.S. housing market, which started recovering in late 2012.

** SIMON PROPERTY GROUP INC, Thursday close $152.95, +0.88 pct premarket

The largest owner of U.S. malls and outlet centers reported fourth-quarter results above analysts' estimates due to higher rents and occupancy at its malls. The company also said it was boosting its quarterly dividend.

** AMAZON.COM INC, Thursday close $403.01, -6.85 pct premarket

Amazon missed Wall Street's estimates for the crucial holiday period and cautioned investors about a possible operating loss this quarter as shipping costs climb.

** ELI LILLY AND CO, Thursday close $53.27-100.00

French drugmaker Sanofi SA is suing Eli Lilly for alleged patent infringements concerning its top-selling Lantus diabetes treatment, delaying the U.S. firm's plans to produce a copycat version of Lantus. Lantus, the world's most prescribed insulin product with annual worldwide sales of about $7 billion, is set to lose patent protection in the United States, the world's largest pharmaceutical market, in February 2015.

** MCKESSON CORP, Thursday close $177.23, -1.12 pct premarket

The company, which last week reached a deal to acquire Germany's Celesio AG, reported on Thursday a lower quarterly profit and trimmed its full-year outlook, citing higher taxes and one-time charges.

** TARGET CORP, Thursday close $56.67-100.00 A Target representative briefed Congressional investigators by telephone on Thursday about the retail chain's recent massive data breach, but offered few fresh details, citing continuing law enforcement investigations.

** ZYNGA INC, Thursday close $3.56, +16.57 pct premarket

Zynga will shed 15 percent of its workforce to slash costs and buy mobile game developer NaturalMotion for $527 million to refresh a stalled games pipeline.

** GOLDMAN SACHS GROUP INC, Thursday close $165.84, -1.59 pct premarket

Chief Executive Lloyd Blankfein received restricted stock worth $14.7 million this week as part of his 2013 bonus, Goldman reported in a regulatory filing on Thursday.

** CHIPOTLE MEXICAN GRILL INC, Thursday close $493.96, +11.57 pct premarket

The burrito chain said on Thursday an increase in customer visits contributed to bigger-than-expected growth in quarterly sales at established restaurants.

** BROADCOM, Thursday close $29.21, +0.99 pct premarket

The company on Thursday posted fourth-quarter revenue and profits that were down from a year earlier, but the results slightly exceeded expectations of Wall Street analysts concerned about tepid smartphone sales.

** CHUBB CORP, Thursday close $86.76, -0.88 pct premarket

The property and casualty insurer reported a better-than-expected quarterly profit as its claims fell 30 percent and announced a $1.5 billion share buyback.

** CELESTICA INC, Thursday close $10.05-100.00

The Canadian contract electronics manufacturer's fourth-quarter profit jumped three-fold from a year earlier, when the company had a large impairment charge related to an acquisition in the healthcare industry.

** E*TRADE FINANCIAL CORP, Thursday close $20.35-100.00

The company said on Thursday that it formed a "retail alliance" giving its customers access to initial public offerings and follow-on offerings underwritten by middle-market investment bank Jefferies LLC.

** AMGEN INC, Thursday close $120.89-100.00

Amgen said its experimental drug from a promising new class of injectable medicines succeeded in treating patients with genetically high cholesterol levels, marking the fifth successful clinical study of the drug.

** CHEVRON CORP, Thursday close $116.45-100.00

One of the world's largest publicly traded oil and natural gas producers is expected to report a drop in fourth-quarter net income as production sags in the Gulf of Mexico, Australia and Angola.

** MASTERCARD INC, Thursday close $79.76, +1.81 pct premarket

The world's No.2 credit and debit card company is expected to post higher quarterly earnings as more people across the world use plastic instead of cash. However, both MasterCard and its larger rival Visa Inc have been grappling with a slowing growth rate in the United States, their biggest market.

** NATIONAL OILWELL VARCO INC, Thursday close $73.65, +3.05 pct premarket

The largest U.S. oilfield equipment provider's fourth-quarter revenue rose 9 percent, buoyed by strong demand for its services that prepare oil and gas wells for production.

** LEGG MASON INC, Thursday close $43.3, +1.39 pct premarket

The asset manager reported a profit in the year-end quarter and posted a net inflow of investor cash.

** LEAR CORP, Thursday close $76.84, +0.20 pct premarket

The company reported a 14 percent increase in quarterly revenue as a rise in U.S. vehicle sales boosted demand for its car seats and electrical power systems.

** CONSOL ENERGY INC, Thursday close $37.9-100.00

The company's adjusted core earnings declined 20 percent in the fourth quarter due to lower margins in both its coal and natural gas businesses.

** STATE STREET CORP, Thursday close $68.24-100.00

Britain's financial watchdog has fined the company 22.9 million pounds ($38 million) for deliberately overcharging some of its clients, and said the custody bank acted with "complete disregard" for the interests of its customers. Between June 2010 and September 2011 State Street UK, a unit of the world's second-largest standalone custody bank State Street, overcharged six clients a total of $20.2 million, the Financial Conduct Authority (FCA) said.

** TYSON FOODS INC, Thursday close $34.49, +6.64 pct premarket

The largest U.S. meat processor posted a 47 percent rise in first-quarter profit, helped by growth in sales volumes of chicken and beef.

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