MARKET PULSE-Sears, Macy's, Deere, Plug Power, Pernix Therapeutics
(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 pointed to a lower open on Wednesday as investors found few reasons to keep pushing shares higher, with the Dow and S&P 500 both coming off record closing highs. Dow Jones industrial average futures were down 0.07 percent at 16,664, S&P 500 futures were down 0.14 percent at 1,891.7 and Nasdaq 100 futures were down 0.30 percent at 3,598.
** SEARS HOLDINGS CORP, Tuesday close $43.23, +0.62 pct premarket
The department store operator said it was looking to sell its 51 percent stake in Sears Canada, in a process that could result in all of the struggling Canadian department store operator being put up for sale.
** MACY'S INC, Tuesday close $57.84, +2.09 pct premarket
The department store operator said business was picking up after severe winter weather resulted in weaker-than-expected sales in the first quarter, allowing the company to stick to its full-year profit forecast.
** PERNIX THERAPEUTICS HOLDINGS INC, Tuesday close $4.28, +46.03 pct premarket Continued...