MARKET PULSE-Yoku Tudou, Salix Pharma, KBR, Central European Media

Fri Feb 28, 2014 9:17am EST
 
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U.S. stock index futures dipped on Friday, with investors reluctant to make big bets after the S&P 500 closed at a record and ahead of closely watched data on economic growth. Dow Jones industrial average futures were down 0.04 percent at 16,266, S&P 500 futures were down 0.02 percent at 1,853.5 and Nasdaq 100 futures were down 0.05 percent at 3,699.5.

** ENDOLOGIX INC, Thursday close $17.87, -25.57 pct premarket

The medical device maker forecast full-year revenue below the average analyst estimate due to slow growth in device sales in the United States.

** NII HOLDINGS INC, Thursday close $2.575, -46.41 pct premarket

The telecom service provider reported a 17 percent drop in fourth-quarter revenue, hurt by a net loss of 247,000 subscribers. The company said its decision to modify its deactivation policy resulted in a higher level of prepaid subscriber deactivation, particularly in Mexico.

** CENTRAL EUROPEAN MEDIA ENTERPRISES, Thursday close $2.71, +23.62 pct premarket

The loss-making television broadcaster said on Friday that it had reached an agreement with its main shareholder, Time Warner, to secure the company's financing needs. "We are seeking to raise up to approximately $545.0 million in new indebtedness through these transactions to enable us to refinance the 2016 Fixed Rate Notes and for general corporate purposes," the company said in a regulatory filing.   Continued...