July 30, 2015 / 1:25 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Skechers, Whole Foods, Facebook, NXP

(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. stocks were set to open lower on Thursday after data showed that the U.S. economy grew at a slower-than-expected pace in the second quarter even as the Federal Reserve left doors open for a possible rate hike in September. Dow Jones industrial average futures were down 0.27 percent at 17,634, S&P 500 futures were down 0.34 percent at 2,094.25 and Nasdaq 100 futures were down 0.17 percent at 4,557.25.

** SKECHERS USA INC, Wednesday close $128.44, +12.50 pct premarket

The sports shoe maker and retailer reported better-than-expected 36 percent rise in revenue for the second quarter, helped by pent-up demand following the end of labor disruptions at U.S. West Coast ports and increased shipments of back-to-school items.

** WHOLE FOODS MARKET INC, Wednesday close $40.82, -11.81 pct premarket

The supermarket chain company said on Wednesday same-store sales growth cooled again in the third quarter, hurt by competition and an overcharging scandal in its New York City stores.

** QORVO INC, Wednesday close $70.47, -12.01 pct premarket

The radio frequency chip maker on Wednesday forecast revenue of $690 million-$710 million for the second quarter, way below average analysts' estimate of $743.6 million.

** FACEBOOK INC, Wednesday close $96.99, -2.05 pct premarket

Facebook reported quarterly revenue that beat forecasts but its profit fell 9 percent as the social media company sharply increased spending to boost mobile revenue and future growth.

** OSHKOSH CORP, Wednesday close $39.05, -10.37 pct premarket

The specialty truck maker reported a weaker-than-expected quarterly profit, hurt by a strong dollar, and it cut its full-year profit forecast for the second time in a row.

** SYNERGY PHARMACEUTICALS INC, Wednesday close $8.21, +15.47 pct premarket

The drug developer said its constipation drug, Plecanatide, which is its lead drug, was effective in both dosages tested, in second late-stage study.

** UNILIFE CORP, Wednesday close $1.87, +24.06 pct premarket

The medical device maker on Wednesday introduced world's first instant patch pumps to deliver insulin to treat type 2 diabetes.

** FIAT CHRYSLER AUTOMOBILES NV, Wednesday close $14.52, +4.27 pct premarket

The automaker mproved its full-year guidance for revenues and adjusted operating profit after better-than-expected second-quarter results, thanks to strong performance in North America.

** VALE SA, Wednesday close $5.55, +4.14 pct premarket

The world's biggest iron ore producer returned to profit in the second quarter, bolstered by higher output and cost cutting and keeping up pressure on Australian rivals in the fight for market share.

** NXP SEMICONDUCTORS NV, Wednesday close $91.8, +3.99 pct premarket

NXP set to become Europe's largest chipmaker after buying U.S.-based Freescale, booked an 89 percent rise in second-quarter net income driven by strong sales of payment chips, but forecast weak third-quarter growth in its auto unit.

** VALERO ENERGY CORP, Wednesday close $66.04, -0.11 pct premarket

U.S. refiner's quarterly profit more than doubled as refining margins rose due to a steep fall in oil prices.

** T-MOBILE US INC, Wednesday close $37.04, +1.24 pct premarket

The wireless operator reported a better-than-expected 14 percent jump in quarterly revenue as aggressive pricing helped it win more customers.

** CIGNA CORP, Wednesday close $145.41, +0.54 pct premarket

The health insurer, which agreed to be bought by Anthem Inc for $47 billion this month, reported a 2.6 percent rise in quarterly profit as it added more members in its commercial and government businesses.

** MONDELEZ INTERNATIONAL INC, Wednesday close $43.1, +4.20 pct premarket

The cadbury chocolate and Oreo cookies maker reported its seventh straight quarter of lower net revenue, hurt by a strong dollar and falling sales in Europe, its biggest market.

** NCR CORP, Wednesday close $30.38, -6.85 pct premarket

The ATM maker reported revenue slightly below average analyst estimate for the second quarter, hurt by the strong dollar.

** VIRGIN AMERICA INC, Wednesday close $29.79, +4.06 pct premarket

The low-cost airline partly owned by Richard Branson reported a 76 percent jump in quarterly profit, helped by higher U.S. travel and lower fuel costs.

** METLIFE INC, Wednesday close $57.22, +0.49 pct premarket

The biggest U.S. life insurer reported a 21 percent fall in quarterly profit, dragged down by $593 million in derivatives losses.

** VISA INC, Wednesday close $76.01, -0.49 pct premarket

** MASTERCARD INC, Wednesday close $96.73, -0.12 pct premarket

** AMERICAN EXPRESS CO, Wednesday close $75.7, -0.07 pct premarket

Dozens of retailers are seeking to void nearly $6 billion of U.S. antitrust settlements with Visa Inc, MasterCard Inc and American Express Co after learning that opposing lawyers exchanged confidential information, potentially tainting the accords.

** LEIDOS HOLDINGS INC, Wednesday close $40.4, -1.31 pct premarket

The U.S. Defense Department on Wednesday awarded a team led by Leidos Holdings Inc, an applied technology company, a contract valued at up to $4.34 billion to build a new electronic health record system for 9.6 million current and retired military service members.

** BAIDU INC, Wednesday close $170.01, +1.35 pct premarket

China's biggest internet search engine company said on Thursday it will buy back shares worth $1 billion after the company's stock price slid following a weak earnings report earlier this week.

** PROCTER & GAMBLE CO, Wednesday close $80.62, -1.72 pct premarket

The world's largest consumer products maker reported its sixth straight fall in quarterly sales, as the stronger dollar continued to weigh on the value of sales from overseas markets.

** CONOCOPHILLIPS, Wednesday close $52.9, +0.42 pct premarket

The largest U.S. independent oil and gas company reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist.

** DELPHI AUTOMOTIVE PLC, Wednesday close $78.4, +0.00 pct premarket

U.S.-listed auto parts supplier Delphi Automotive is buying British cable equipment maker HellermannTyton Group for about 1.1 billion pounds ($1.7 billion) as it seeks to capitalise on the growing connected-car market.

** COLGATE-PALMOLIVE CO, Wednesday close $68.93, -0.12 pct premarket

The personal care products maker reported its fourth straight quarter of sales decline as it continued to be weighed down by a stronger dollar that stripped the value of overseas sales.

** CAMECO CORP, Wednesday close $13.62

The Canadian uranium producer Cameco Corp reported a 31 percent fall in quarterly profit due to higher costs and a $28 million settlement charge.

** BUNGE LTD, Wednesday close $85.61

One of the world's largest agricultural commodities traders reported a lower quarterly profit on weak year-on-year returns in its agribusiness segment and poor food and ingredients margins.

** TIME WARNER CABLE INC, Wednesday close $189.43, -1.44 pct premarket

The company, which is being bought by Charter Communications , reported a 3.5 percent rise in quarterly revenue as it added more residential high-speed data customers.

** CENOVUS ENERGY INC, Wednesday close $14.37, +0.00 pct premarket

Canada's No.2 independent oil producer slashed its quarterly dividend by 40 percent and said it would cut about 300 more jobs as it tries to keep a lid on costs amidst a slump in oil prices.

** PENN WEST PETROLEUM LTD, Wednesday close $1.31, -0.76 pct premarket

Canadian oil producer Penn West Petroleum Ltd cut its 2015 capital budget for the second time as it looks to contain costs amid a steep fall in crude oil prices.

** PEGASYSTEMS INC, Wednesday close $23.29

The app development software maker posted better-than-expected profit and revenue for the second quarter on Wednesday, helped by higher license revenue.

** HOLOGIC INC, Wednesday close $38.03, +8.34 pct premarket

The medical device maker posted better-than-expected profit and revenue for the third quarter on Wednesday, driven by accelerated adoption of its Genius 3D mammography systems.

** FOUNDATION MEDICINE INC, Wednesday close $29.3, -18.09 pct premarket

The diagnostics company forecast full-year revenue of $85 million-$95 million on Wednesday, below average analyst estimate of $105.9 million.

** LIVEPERSON INC, Wednesday close $7.9, +15.57 pct premarket

The chat software firm posted revenue and profit above estimates for the second quarter on Wednesday, helped by the addition of 36 new customers and higher revenue per enterprise.

** POTASH CORP OF SASKATCHEWAN INC, Wednesday close $26.85, +0.86 pct premarket

The world's biggest fertilizer company by market capitalization reported a 12 percent drop in quarterly profit, hurt mainly by weak nitrogen earnings and lower phosphate sales.

** GENTHERM INC, Wednesday close $50.94

The auto parts maker said on Wednesday its 2015 revenue will be "just below" the low-end of previously forecast range of a 10-15 percent rise over 2014 revenue of $811 million.

** VANDA PHARMACEUTICALS INC, Wednesday close $11.14

The drugmaker shares posted a smaller-than-expected loss for the second quarter on Wednesday, driven by strong sales of its sleep disorder and schizophrenia drugs.

** FERRO CORP, Wednesday close $15.35

The specialty chemical maker on Wednesday cut its 2015 adjusted profit forecast to 82-87 cents per share from 89-96 cents.

** STARWOOD HOTELS & RESORTS WORLDWIDE INC, Wednesday close $82.65

The owner of the Sheraton and Westin hotel chains reported an 11 percent fall in quarterly profit, hurt by a charge and the strong dollar, and trimmed its 2015 profit forecast.

** PARTNERRE LTD, Wednesday close $135.56

The reinsurance company that has a $6.6 billion merger agreement with Axis Capital Holdings is now willing to negotiate a new deal with rival suitor Exor SpA, according to people familiar with the matter. (Compiled by Ankit Ajmera in Bengaluru; Edited by Don Sebastian)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below