BUZZ-U.S. STOCKS ON THE MOVE-Amazon, Pharmacyclics, Wolverine
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U.S. stock index futures advanced on Tuesday after the S&P 500 fell for a second consecutive session, as earnings from Alcoa helped ease some investor skittishness about the corporate earnings season. Dow Jones industrial average futures were up 0.81 percent at 17,713, S&P 500 futures were up 0.70 percent at 2,036.75 and Nasdaq 100 futures were up 0.82 percent at 4,200.75.
** SYNNEX CORP, Monday close $70.97, +5.68 pct premarket
The hardware distributor reported better-than-expected fourth-quarter results as revenue from its technology solutions business rose 16 percent. At least four brokerages, including Citigroup, raised price target on the stock.
** BIG 5 SPORTING GOODS CORP, Monday close $12.97, -9.64 pct premarket
The sporting goods retailer narrowed its fourth-quarter profit estimate, hurt by weak holiday season sales. Fourth-quarter same-store sales fell 0.5 percent while merchandise margins decreased 10 basis points.