MARKET PULSE-Barclays, SolarCity, Tesla, Costco, SunEdison, BT

Thu May 8, 2014 7:43am 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)

May 8 - U.S. stock index futures were little changed on Thursday. Dow Jones industrial average futures were up 0.16 percent at 16,495, S&P 500 futures were up 0.07 percent at 1,875.5 and Nasdaq 100 futures were down 0.01 percent at 3,540.25.

** BARCLAYS PLC, Wednesday close $16.51, +5.21 pct premarket

The British bank reined in its ambitions to be a Wall Street powerhouse on Thursday and signaled a return to its retail banking roots with a plan to hive off much of its investment bank and axe one in four jobs at the division.

** SOLARCITY CORP, Wednesday close $47.71, +10.25 pct premarket

The largest residential solar panel installer in the United States, raised its full-year forecast for installations after reporting a smaller first-quarter loss.

J.P. Morgan upgraded the company's stock rating to "overweight" from "neutral".   Continued...