MARKET PULSE-Allison Transmission, AK Steel, Facebook, Harley-Davidson
April 22 (Reuters) - U.S. stock index futures pointed to a flat open on Tuesday as investors found few reasons to keep buying after a five-day rally in the S&P 500, despite strong results from a number of bellwether names. Dow Jones industrial average futures were up 0.09 percent at 16,386, S&P 500 futures were up 0.11 percent at 1,866.5 and Nasdaq 100 futures were up 0.26 percent at 3,560.5.
** AK STEEL HOLDING CORP, Monday close $6.71, +2.09 pct premarket
The U.S. steelmaker reported a bigger quarterly loss, hurt by higher operating costs.
** ALLISON TRANSMISSION HOLDINGS INC, Monday close $31.12, -4.08 pct premarket
The company, which makes fully automatic transmissions for medium- and heavy-duty commercial vehicles, said its shareholders Carlyle Group and Onex Corp sold 25 million shares they owned in the company.
Carlyle and Onex are the largest shareholders in Allison Transmission. Continued...