MARKET PULSE-AOL, GasLog, Quantum Fuel, Hyperdynamics, zulily

Wed May 7, 2014 1:11pm 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. stocks were little changed on Wednesday, but the Nasdaq slid for a second day, dragged lower by weakness in Internet shares. The Dow Jones industrial average rose 13 points, or 0.08 percent, to 16,414.02, the S&P 500 lost 1.13 points, or 0.06 percent, to 1,866.59 and the Nasdaq Composite dropped 41.753 points, or 1.02 percent, to 4,039.006.

** AOL INC, $32.78, -25.33 pct

AOL reported a rise in first-quarter revenue on Wednesday, boosted by a surge in advertising sales through its automated electronic exchange, but profit fell.

** WHOLE FOODS MARKET INC, $38.88, -18.92 pct

** SPROUTS FARMERS MARKET INC, $26.74, -13.99 pct

Whole Foods 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.

Shares of rival organic food seller Sprouts Farmers also fell on the news.   Continued...