August 7, 2015 / 12:37 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Noodles, NeoPhotonics, Sprouts, Pixelworks

(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 slightly lower on Friday ahead of the July payrolls report, a key data point that could feed into the U.S. Federal Reserve's decision on when to increase rates. Dow Jones industrial average futures were down 0.23 percent at 17,335, S&P 500 futures were down 0.23 percent at 2,074.75 and Nasdaq 100 futures were down 0.27 percent at 4,512.75.

** NEOPHOTONICS CORP, Thursday close $8.88, -29.62 pct premarket

The company, which makes chips used in telecommunication networks, forecasts a third-quarter profit of 1 cent to 9 cents, well below the average analyst estimate of 13 cents.

** SPROUTS FARMERS MARKET INC, Thursday close $23.5, -10.64 pct premarket

The natural foods retailer’s second-quarter profit missed analysts’ estimates as costs jumped 23 percent.

** PIXELWORKS INC, Thursday close $5.51, -14.70 pct premarket

The projector maker announced a common stock offering. The company said it intends to use net proceeds for general corporate purposes, including increasing working capital, financing of ongoing operating expenses and overhead and funding capital expenditures.

** NOODLES & CO, Thursday close $15.14, -18.43 pct premarket

The pasta and sandwich restaurant chain forecast full-year adjusted profit and revenue below analysts’ estimates.

“We anticipate comparable sales and net income results for the balance of the year to be muted as we invest in sales-building initiatives while facing incremental labor cost pressure,” Chief Executive Kevin Reddy said.

** NVIDIA CORP, Thursday close $20.45, +8.51 pct premarket

The chipmaker reported better-than-expected second quarter revenue, driven by demand for graphic chips used in gaming and car. The company forecast third-quarter revenue above average analysts’ estimate.

** STAMPS.COM INC, Thursday close $66.07, +18.06 pct premarket

The online postage services provider’s second-quarter profit handsomely beat estimate; revenue ahead of expectations as well.

** ICONIX BRAND GROUP INC, Thursday close $19.6, -11.99 pct premarket

The company, which licenses retail brands, said founder Neil Cole is stepping down as chief executive and chairman. Cole, who will serve as special adviser through Sept. 30, founded Iconix in 2005 and has led company since then.

** ANACOR PHARMACEUTICALS INC, Thursday close $146.43, +4.49 pct premarket

The drug developer posted a smaller-than-expected second quarter loss due to lower costs and higher revenue from research contracts.

** MEDTRONIC PLC, Thursday close $77.41

The company has recalled 6,912 units of loading system of a recently approved heart device after reports of the presence of particulates.

** FX ENERGY INC, Thursday close $1.02

The oil and gas producer said it is looking to sell itself and engaged Evercore Group LLC as financial adviser. The company reported a smaller loss for the second quarter, helped by lower impairment charges and costs.

** FLUIDIGM CORP, Thursday close $19.93

The life sciences research company’s second-quarter revenue lower than expected, hurt by falling demand for consumables from production genomics customers and a decline in sales of single-cell genomics instruments. The company lowered 2015 revenue forecast, saying the year continues to be a challenging one.

** BILL BARRETT CORP, Thursday close $4.93

The oil and gas producer reported a lower-than-expected second quarter adjusted loss, helped by higher output and a fall in costs.

** IMPERVA INC, Thursday close $64.58, +10.72 pct premarket

The data security service provider’s second-quarter revenue tops expectations as services revenue rises 35 percent. The company also posted a smaller-than-expected adjusted loss.

** NU SKIN ENTERPRISES INC, Thursday close $39.16

The skin care and nutritional product maker’s second-quarter profit beats analysts’ estimate as operating costs fell. The company lowered 2015 revenue forecast as it expects the stronger dollar to hurt the second-half more than expected previously.

** CAPITAL ONE FINANCIAL CORP, Thursday close $81.14

The credit card lender is in exclusive talks to acquire General Electric Co’s U.S. healthcare finance unit, in a deal likely to top $10 billion, according to people familiar with the matter.

** MAGNA INTERNATIONAL INC, Thursday close $54.44, +0.66 pct premarket

Canadian auto parts maker Magna reported higher-than-expected quarterly sales as increased vehicle production in North America offset the impact of a strong U.S. dollar.

** MCDONALD‘S CORP, Thursday close $99.35

The company said on Thursday it laid off in July 135 employees at its U.S. headquarters and 90 corporate employees posted overseas as part of a major restructuring at the fast-food chain, which has been fighting to reverse a long sales slump.

** HERSHEY CO, Thursday close $92.2, -2.39 pct premarket

The company reported flat quarterly sales, its weakest sales performance in more than five years, hurt by low demand in China. (Compiled by Neha Dimri in Bengaluru; Edited by Maju Samuel)

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