MARKET PULSE-Rocket Fuel, Prima BioMed, Ubiquiti, Scientific Games
(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 edged lower on Friday putting the S&P 500 on track to closing a week of choppy trading with a slight decline, while the Nasdaq is on pace for its worst weekly decline in four. Dow Jones industrial average futures were down 0.04 percent at 16,504, S&P 500 futures were down 0.05 percent at 1,871.4 and Nasdaq 100 futures were down 0.04 percent at 3,536.25.
** OMNICOM GROUP INC, Thursday close $66.2, -0.98 pct premarket
The proposed $35 billion merger between U.S.-based Omnicom and France's Publicis Groupe SA has been called off as the obstacles to moulding the two rivals into the world's largest advertising agency proved too much.
** APPLE INC, Thursday close $587.99, -0.51 pct premarket
** PANDORA MEDIA INC, Thursday close $22.2, +0.68 pct premarket
Apple is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker.
Shares of Pandora Media, an online streaming service, fell on the news. Continued...