BUZZ-U.S. Stocks on the Move-Tesla, Ulta Salon, Allergan, Weibo

Fri Sep 12, 2014 7:04am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index e-mini futures were little changed on Friday: Dow Jones industrial average futures were up 0.01 percent at 17,045, S&P 500 futures were unchanged at 1,997 and Nasdaq 100 futures were down 0.01 percent at 4,090.75.

** TESLA MOTORS, Thursday close $280.31, +0.25 pct premarket

Nevada Governor Brian Sandoval signed a package of bills to provide $1.3 billion in tax breaks and other incentives for Tesla Motors, putting a bow on the deal for the electric car company to build a massive factory in the state.

** ULTA SALON COSMETICS AND FRAGRANCE INC, Thursday close $97.48, +14.38 pct premarket

The beauty product retailer raised its full-year same-store sales growth forecast to 7.8 percent from 4-6 percent, while its second-quarter sales and profit beat estimates.

The company raised its full-year earnings per share growth estimate to 20 percent from the mid-teens percentage and also forecast higher-than-expected current quarter sales, helped by new products and increased traffic.

  Continued...