CORRECTED-MARKET PULSE-Staples, Pixelworks, AirMedia, Sangamo, China New Borun

Thu Mar 6, 2014 9:47am EST
 
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(Corrects Kroger item to remove negative impact of colder winter) U.S. stocks were set to edge higher at the open on Thursday ahead of labor and factory data, while developments in the Ukrainian crisis kept traders on edge. Dow Jones industrial average futures were up 0.17 percent at 16,382, S&P 500 futures were up 0.26 percent at 1,877.2 and Nasdaq 100 futures were up 0.13 percent at 3,733.

** COSTCO WHOLESALE CORP, Wednesday close $116.47, -2.98 pct premarket

** OFFICE DEPOT INC, $4.91, -3.05 pct premarket

The warehouse retailer reported a bigger-than-expected 15 percent fall in profit as unusually deep discounting in the holiday shopping season hurt margins.

Shares of rival Office Depot were also down.

** STAPLES INC, Wednesday close $13.4, -11.94 pct premarket

The largest U.S. office supplies retailer forecast a fall in current-quarter sales as it loses customers to mass market chains and e-retailers, and the company said it would close up to 225 stores in North America by 2015.   Continued...