MARKET PULSE-JC Penney, Noodles & Co, Tesla, Baidu, Sucampo, Sears

Thu Feb 27, 2014 8:02am 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 0.30 percent at 16,130, S&P 500 futures were down 0.18 percent at 1,838.6 and Nasdaq 100 futures were down 0.16 percent at 3,668.

** TESLA MOTORS INC, Wednesday close $253, +3.16 pct premarket

The company said on Wednesday it plans to raise $1.6 billion from investors to finance a new battery factory that will help the upstart U.S. automaker reach its goal of producing a lower-priced, mass-market electric car by 2017. Tesla said the new plant, nicknamed the "Gigafactory," would be built in either Nevada, Arizona, New Mexico or Texas.

** SUCAMPO PHARMACEUTICALS INC, Wednesday close $8.39, +24.40 pct after market

The drugmaker reported better-than-expected fourth-quarter results, helped by higher sales of its only approved drug, Amitiza, used for the treatment of chronic idiopathic constipation in adults.

** J.C. PENNEY CO INC, Wednesday close $5.96, +21.14 pct premarket   Continued...