BUZZ-U.S. STOCKS ON THE MOVE-GoPro, Yelp, Best Buy, WebMD, Infosys
(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 indexes were set to open slightly higher on Thursday as oil prices steadied and JPMorgan's better-than-expected results boosted bank stocks. Dow Jones industrial average futures were up 0.47 percent at 16,132, S&P 500 futures were up 0.56 percent at 1,892 and Nasdaq 100 futures were up 0.44 percent at 4,194.
** JPMORGAN CHASE & CO, Wednesday close $57.34, +1.73 pct premarket
The biggest U.S. bank by assets reported a better-than-expected quarterly profit for the final quarter of the year as a tight lid on expenses and a smaller legal bill made up for sluggish revenue growth.
** GOPRO INC, Wednesday close $14.61, -19.78 pct premarket
The wearable cameras maker estimated fourth-quarter revenue below market expectations due to disappointing sales of its action cameras, and said it would cut 7 percent of its workforce.
** BEST BUY CO INC, Wednesday close $29.26, -9.16 pct premarket Continued...