MARKET PULSE-La Jolla, Boyd Gaming, FuelCell, Fuel Tech, E-House
(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 were higher on Tuesday. Dow Jones industrial average futures were up 0.01 percent at 16,415, S&P 500 futures were up 0.05 percent at 1,878.2 and Nasdaq 100 futures were up 0.09 percent at 3,711.
** LA JOLLA PHARMACEUTICAL CO, Monday close $10.9, +67.80 pct premarket
The company said its lead experimental drug to treat chronic kidney disease met the main goal of improving kidney function in a mid-stage study. Wedbush raised its price target on the stock to $32 from $27.
** BOYD GAMING CORP, Monday close $11.8, +17.37 pct premarket
Hedge fund Elliott International disclosed a 4.99 percent stake in the gaming company on Monday. Elliott International also said it may propose changes to Boyd Gaming's operations, dividend policy, management and board composition. [r.reuters.com/zyf57v ]
** POWERSECURE INTERNATIONAL INC, Monday close $23.1, +11.47 pct premarket
The electric utility products maker reported a better-than-expected fourth-quarter profit on Monday, mainly driven by an 81 percent jump in utility infrastructure revenue. Continued...