BUZZ-U.S. STOCKS ON THE MOVE-Aeropostale, eLong, Viggle, Otonomy
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures were higher on Friday, a day after the S&P 500 ended at an all-time high and ahead of Federal Reserve Chair Janet Yellen's take on the economy that investors will peruse for clues on the timing of a rate hike. Dow Jones industrial average futures were up 0.09 percent at 18,275, S&P 500 futures were up 0.06 percent at 2,129.25 and Nasdaq 100 futures were up 0.12 percent at 4,534.25.
** AEROPOSTALE INC, Thursday close $2.59, -13.13 pct premarket
The teen apparel retailer sees bigger current-quarter loss than average analyst estimate, citing higher store closure costs, supply delays due to disruptions at West Coast ports. The company expects second quarter gross margins to fall in low-to-mid-single digit percentage.
** EXPEDIA INC, Thursday close $105.89
** ELONG INC, Thursday close $20.65, +34.62 pct premarket
** CTRIP.COM INTERNATIONAL LTD, Thursday close $71.99, +5.78 pct premarket
Expedia said it sold its entire stake in Chinese online travel company eLong to rival Ctrip.com and others for about $671 million. Continued...