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 Continued...