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