MARKET PULSE-Pixelworks, China New Borun, Energy Recovery, Agios

Thu Mar 6, 2014 12:44pm 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. stocks rose on Thursday, with the S&P 500 at a fresh record intraday high following upbeat labor market data, while traders kept an eye on developments in Ukraine. The Dow Jones industrial average was up 0.50 percent at 16,441.26, the S&P 500 was up 0.38 percent at 1,880.99 and the Nasdaq Composite was up 0.23 percent at 4,368.04.

** COSTCO WHOLESALE CORP, $113.5193, -2.53 pct

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

** STAPLES INC, $11.2999, -15.67 pct

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.

** PIXELWORKS INC, $7.35, +53.13 pct   Continued...