MARKET PULSE-J.C Penney, Groupon, Apple, MGIC, Sears, Molycorp

Thu Feb 28, 2013 8:16am EST
 
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(For more market insights, including options activity, click on ; for The Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

Feb 28 (Reuters) - Some U.S. stocks to watch on Thursday:

U.S. STOCK INDEX FUTURES POINT TO SLIGHTLY HIGHER OPEN

U.S. stock index futures edged modestly higher on Thursday as investors were reluctant to make big bets following a sharp two-day rally and ahead of a rash of data. S&P 500 futures rose 2.7 points. Dow Jones industrial average futures added 16 points and Nasdaq 100 futures rose 4.5 points.

** GROUPON INC, Wednesday close $5.98, down 27 pct premarket

Groupon lost a quarter of its market value on Wednesday after the company revealed it began to take a smaller cut of revenue on daily deals during the holidays, sacrificing revenue and profits to attract and keep merchants.

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