MARKET PULSE-Google, Time Warner, Myriad Genetics, Cognizant, Radian
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s) U.S. stock index futures were little changed on Wednesday. Dow Jones industrial average futures were down 0.07 percent at 15,328, S&P 500 futures were down 0.17 percent at 1,740.7 and Nasdaq 100 futures were down 0.03 percent at 3,451.
** MICROSOFT CORP, Tuesday close $36.35, +0.14 pct premarket
The world's largest software maker is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer breathing down his neck.
** APPLE INC, Tuesday close $508.79, -0.33 pct premarket
The world's most valuable technology company has been sued by the patent and licensing organization of the University of Wisconsin for infringing on a processor design patented by the university back in 1998, according to a report by ANI News.
The plaintiff has claimed that the processing system is used in iPhone 5S, iPad mini with Retina Display, and iPad Air design, the report said. (link.reuters.com/xug66v)
Separately, the company urged a federal appeals court on Tuesday to put a court-appointed antitrust monitor on hold, arguing that his efforts were harming the company's business. Continued...