March 20, 2014 / 11:20 AM / 3 years ago

MARKET PULSE-Lennar, GlaxoSmithkline, Jabil, Guess, BP

(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 fell on Wednesday after comments from Federal Reserve Chair Janet Yellen raised the possibility of an earlier- than-anticipated increase in interest rates.

** LENNAR CORP, Wednesday close $41.34, +2.20 pct premarket

The second-largest U.S. homebuilder by revenue reported a higher quarterly profit as it sold more homes.

** GENERAL MOTORS CO, Wednesday close $34.91, +0.03 pct after market

** TOYOTA MOTOR CORP, Wednesday close $108.68, +0.29 pct after market

Toyota Motor Corp will pay a record $1.2 billion to resolve a criminal probe into safety issues, in a deal that could serve as a template for how U.S. authorities approach a similar investigation into General Motors.

** GLAXOSMITHKLINE PLC, Wednesday close $54.71, -1.70 pct premarket

** AGENUS INC, Wednesday close $4.3, -15.12 pct premarket

An experimental cancer vaccine from GlaxoSmithKline, which uses Agenus' technology, failed a late-stage study in patients with non-small cell lung cancer.

GSK's vaccine, which contains Agenus' QS-21 Stimulon booster, also failed to help melanoma patients in another study last September.

** HEWLETT-PACKARD CO, Wednesday close $31.62, -0.28 pct premarket

The PC maker will outline plans to enter the commercial 3D-printing market in June, saying it has solved a number of technical problems that have hindered broader adoption of the high-tech manufacturing process.

** JABIL CIRCUIT INC, Wednesday close $18.26, +3.50 pct after market

Jabil Circuit forecast 2015 core earnings above Wall Street estimates as the struggling contract electronics maker expects to recover from the loss of its business with BlackBerry Ltd .

** MICROSOFT CORP, Wednesday close $39.27

A former employee of Microsoft Corp is facing criminal charges after he allegedly passed trade secrets to a blogger in France, U.S. court documents showed.

** GUESS INC, Wednesday close $28.76, -6.15 pct after market

Apparel maker Guess forecast a surprise loss for the current quarter, citing weak traffic at its stores in North America and pressure in its wholesale business in Europe.

** JPMorgan Chase & Co, Wednesday close $58.3, +0.15 pct after market

JPMorgan is selling its physical commodities business to Mercuria for $3.5 billion, the U.S. bank said on Wednesday, sweeping the fast-growing Swiss trading house into the top league of commodities traders.

** BP PLC, Wednesday close $47.32, -1.58 pct premarket

The oil company rejoined bidders for exploration and production leases in the Gulf of Mexico on Wednesday and won 24 tracts after the U.S. government lifted a 16-month ban barring the company from new federal contracts.

** BANK OF AMERICA CORP, Wednesday close $17.44, -0.11 pct premarket

Bank of America Corp is laying off workers at its global trading and investment banking divisions, Bloomberg reported quoting three people with direct knowledge of the decision.

** STARBUCKS CORP, Wednesday close $75.91, +0.38 pct after market

The coffee chain is wrestling with higher costs for milk and coffee, the two ingredients in its popular lattes, but that does not mean its customers are going to pay more.

** EXONE CO, Wednesday close $43.75

The 3D printer maker reported a surprise quarterly loss as it sold fewer high-margin printers and the company forecast 2014 revenue below analysts' estimates.

** LORAL SPACE & COMMUNICATIONS INC, Wednesday close $74.11

Loral Space & Communications, which holds a majority stake in Canadian satellite communications company Telesat Holdings Inc, has selected private equity firm Apax Partners LLP and two Canadian pension funds to negotiate a sale of Telesat, people familiar with the matter said.

** EASTMAN KODAK CO, Wednesday close $27.6, +0.36 pct premarket

Eastman Kodak, the once mighty photography pioneer that emerged from bankruptcy protection in September, reported an 18 percent fall in quarterly revenue, partly due to a decline in its motion picture film business.

** HANWHA SOLARONE CO LTD, Wednesday close $3.785

The China-based solar panel maker said it signed a deal with Wuxi New District Administrative Committee to develop solar panels. The company will operate 100 megawatts of solar panels in Wuxi New District, China.

** IHS Inc, Wednesday close $120.77

The business research and information firm reported better-than-expected first-quarter results, helped by contract wins in its non-subscription businesses.

** PHILLIPS 66, Wednesday close $78.43

Several workers were hurt in an accident during a planned maintenance at Phillips 66 refinery in Borger, Texas, on Tuesday, a report with Borger News-Herald said. (Reporting by Shubhankar Chakravorty in Bangalore; Editing by Joyjeet Das)

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