MARKET PULSE-Aeroflex, Staples, Dick's Sporting, Home Depot

Tue May 20, 2014 8:15am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stock index futures were little changed on Tuesday, after the S&P 500 advanced for two straight days and investors assessed some of the final corporate results of earnings season. Dow Jones industrial average futures were down 0.02 percent at 16,478, S&P 500 futures were down 0.02 percent at 1,881.9 and Nasdaq 100 futures were up 0.02 percent at 3,614.

** AEROFLEX HOLDING CORP, Monday close $8.31, +24.91 pct premarket

British aerospace and defense supplier Cobham is buying U.S. communications equipment maker Aeroflex Holding Corp for $1.46 billion, continuing its quest for more commercial customers as its main defense clients cut spending.

** STAPLES INC, , Monday close $13.39, -10.75 pct premarket

The largest U.S. office supply retailer forecast a decline in sales in the current quarter as it struggles to win back shoppers who have shifted office supply purchases to e-retailers, mass merchants and drugstores.

** INTERCEPT PHARMA, Monday close $260, -8.85 pct premarket   Continued...