MARKET PULSE-Whole Foods, Mondelez, Aegerion, Electronic Arts, Trimble

Wed May 7, 2014 9:20am 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) 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 0.29 percent at 16,407, S&P 500 futures were up 0.11 percent at 1,866.4 and Nasdaq 100 futures were up 0.29 percent at 3,561.25.

** WHOLE FOODS MARKET INC, Tuesday close $47.95, -18.04 pct premarket

The company cut its 2014 same-store sales and earnings forecast for the third time amid rising competition in the natural and organic grocery sector that it dominates.

** CORCEPT THERAPEUTICS INC, Tuesday close $4.02, -50.25 pct premarket

The company said it would stop a late-stage trial of its drug for depression after an interim analysis suggested the study was unlikely to be successful.

** MONDELEZ INTERNATIONAL INC, Tuesday close $35.22, +7.55 pct premarket   Continued...