MARKET PULSE-Disney, Whole Foods, Electronic Arts, Trimble, FireEye

Wed May 7, 2014 8:26am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stock index futures rose on Wednesday following the biggest drop in the S&P 500 since mid-April, as earnings season began to wind down and ahead of congressional testimony from Federal Reserve Chair Janet Yellen. Dow Jones industrial average futures were up 0.40 percent at 16,425, S&P 500 futures were up 0.32 percent at 1,870.2 and Nasdaq 100 futures were up 0.38 percent at 3,564.5.

** WALT DISNEY CO, Tuesday close $81.03, +1.07 pct premarket

The media company reported a higher profit that beat Wall Street expectations for the quarter ended in March, boosted by the continued strength of its blockbuster animated film "Frozen."

** PFIZER INC, Tuesday close $29.43, -0.48 pct premarket

Britain could use its public interest powers to intervene in U.S. drugmaker Pfizer's $106 billion takeover bid for British pharmaceutical company AstraZeneca, Business Secretary Vince Cable said.

Separately, Pfizer sought to allay fears that its proposed takeover of AstraZenecawould deal a blow to drug research, saying the new company would bolster innovative science and speed the development of new treatments.