BUZZ-U.S. STOCKS ON THE MOVE-Select Comfort, JPMorgan, American Axle
(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 higher on Friday in tandem with higher oil prices and after a punishing, widespread rout this week due to concerns about the health of the global economy. Dow Jones industrial average futures were up 1.08 percent at 15,781, S&P 500 futures were up 1.23 percent at 1,847 and Nasdaq 100 futures were up 1.15 percent at 4,006.75.
** GROUPON INC, Thursday close $2.24, +18.30 pct premarket
The company reported a higher-than-expected quarterly profit, as strong sales in North America and restructuring of its businesses boosted margins.
** SELECT COMFORT CORP, Thursday close $20.51, -17.60 pct premarket
The mattress maker reported lower-than-expected Q4 revenue, hurt by lost sales and higher costs due to issues with its enterprise resource planning software implementation.
** ACTIVISION BLIZZARD INC, Thursday close $30.52, -4.06 pct premarket
The company's revenue and profit for the holiday quarter missed market estimates, as strong sales of its latest "Call of Duty" videogame failed to offset lackluster demand for role-playing title "Skylanders: SuperChargers". Continued...