BUZZ-U.S. STOCKS ON THE MOVE-Express Inc, Pandora, Dyax, Zafgen
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U.S. stock index futures were higher on Thursday, a day after Wall Street closed sharply lower following hawkish comments from Federal Reserve Chair Janet Yellen that hardened expectations of an interest rate hike this month. Dow Jones industrial average e-mini futures were down 0.37 percent at 17,693, S&P 500 e-mini futures were down 0.23 percent at 2,076.75 and Nasdaq 100 e-mini futures were down 0.19 percent at 4,685.75.
** AVAGO TECHNOLOGIES LTD, Wednesday close $132.21, +9.30 pct premarket
The Apple Inc chip supplier reported better-than-expected fourth-quarter earnings with gross margins of 62 percent above Street estimate of 60.5 percent. At least 13 brokerages raised their price targets on the stock.
** MEDTRONIC PLC, Wednesday close $76.11
The medical device maker reported a better-than-expected quarterly profit on Thursday, helped by higher sales in all of its divisions, and the Dublin-based company raised the lower-end of its full-year profit forecast. Continued...