MARKET PULSE-Hess, Ferro, Apple, Transocean, GMX, DragonWave

Mon Mar 4, 2013 9:23am 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)

March 4 (Reuters) - Some U.S. stocks to watch on Monday:

WALL ST SET TO OPEN FLAT AS GLOBAL GROWTH WORRIES WEIGH

Wall Street was poised to start Monday's session little changed as worries about the prospects for global economic growth prompted investors to step back from equities that are within reach of record highs. S&P 500 futures were down 1.8 points, while futures for the Dow Jones were down 17 points and the Nasdaq 100 down 6 points.

** TRANSOCEAN LTD, Friday close $52.15, up 4 pct premarket

The world's largest offshore drilling contractor said its board recommended restarting dividend payments, more than a month after activist investor Carl Icahn pushed for a payout.

The company reported on Friday a rise in revenue and a higher-than-expected profit for the fourth quarter as more of its fleet was working, compared with a year earlier.   Continued...