MARKET PULSE-Citigroup, Lexicon, WebMD, Edward Lifesciences, Aspen

Mon Apr 14, 2014 9:12am EDT
 
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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)

April 14 (Reuters) - U.S. stocks were set to open higher on Monday following a sharp selloff last session, with earnings results from Citigroup and retail sales data lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine. Dow Jones industrial average futures were down 0.18 percent at 15,952, S&P 500 futures were up 0.55 percent at 1,821.7 and Nasdaq 100 futures were up 0.63 percent at 3,465.75.

** CITIGROUP INC, Friday close $45.68, +4.01 pct premarket

Citigroup's quarterly net profit rose 4 percent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses. First-quarter adjusted net income rose to $4.15 billion, or $1.30 per share, from $4.00 billion, or $1.29 per share a year earlier, the third-largest U.S. bank said on Monday.

** LEXICON PHARMACEUTICALS INC, Friday close $1.59, +16.35 pct premarket

The company said its experimental drug to treat diabetes met the main goal of reducing the use of insulin at meal times in a mid-stage study on patients with type 1 diabetes.

** WEBMD HEALTH CORP, Friday close $37.67, +11.49 pct premarket   Continued...