August 9, 2013 / 11:45 AM / 4 years ago

MARKET PULSE-BlackBerry, Dendreon, Molycorp, Ellie Mae, Ubiquity Networks

7 Min Read

(For more market insights, including options activity ; for the Day Ahead newsletter link.reuters.com/mex49s)

Aug 9 (Reuters) - Some U.S. stocks to watch on Friday:

Futures Lower, Pointing Towards Worst Week Since June

U.S. stock index futures were lower on Friday, putting major indexes on track for their worst week since June, as investors found few reasons buy with equity prices near record levels. S&P 500 futures fell 6.4 points, the Dow Jones industrial average futures slid 46 points and Nasdaq 100 futures lost 6.25 points.

** BLACKBERRY LTD, Thursday close $9.23, up 9 pct premarket

The Canadian smartphone maker is warming up to the possibility of going private as it battles to revive its fortunes, several sources familiar with the situation said.

** DENDREON CORP, Thursday close $4.59, down 18 pct premarket

The biotechnology company posted a bigger-than-expected quarterly loss due to lower sales of its prostate cancer vaccine, Provenge. The company said it did not expect "enough of a sales increase" for Provenge in the second half of the year.

Credit Suisse cut its price target on the stock to $3 from $4. Cantor Fitzgerald lowered its price target to $5 from $7.

** MOLYCORP INC, Thursday close $7.41, down 10 pct premarket

The U.S. rare earths company reported a wider quarterly loss on Thursday even as revenue rose, hurt by a sharp drop in prices.

** MONSTER BEVERAGE CORP, Thursday close $63.47, down 3 pct premarket

The energy drinks maker reported a lower-than-expected quarterly profit, hurt by a stronger dollar and legal costs related to its Monster Energy drinks.

** NVIDIA CORP, Thursday close $14.69, down 1 pct premarket

The graphic chipmaker forecast current-quarter revenue below analysts' estimates as it continues to struggle with high competition in a slowing PC market.

** ELLIE MAE INC, Thursday close $27.37

The company whose software is used by mortgage professionals, is exploring a sale and has interviewed banks to manage the process, Bloomberg reported on Thursday, citing three people with knowledge of the matter.

** UBIQUITI NETWORKS INC, Thursday close $21.20, up 28 pct after market

The wireless products maker's quarterly revenue rose 6.6 percent, helped by gains in its WLAN business. Net profit rose to $28.8 million, or 32 cents per share, in the fourth quarter, from $28.4 million, or 30 cents per share, a year earlier.

** UNIVERSAL DISPLAY CORP, Thursday close $29.37, up 22 pct after market

The LED supplier said it expects full-year results near the high-end of its previous forecast, helped by higher license fees and more orders from flat-panel display makers such as Samsung Display Corp.

** PRICELINE.COM, Thursday close $933.75, up 6 pct premarket

** ORBITZ WORLDWIDE INC, Thursday close $12.62,

The online travel agencies posted higher-than-expected quarterly profits on Thursday, pointing to solid demand for travel. Rising reservations for rental cars and hotels bolstered Priceline, which has the highest market capitalization among online travel agencies, while Orbitz benefited from an increase in bookings of higher-margin hotel and vacation packages.

** WRIGHT MEDICAL GROUP INC, Thursday close $27.06, down 11 pct after market

The orthopedic device maker said U.S. health regulators rejected its regenerative bone graft used in surgical procedures in the ankle and the foot and sought an additional study.

** RACKSPACE HOSTING INC, Thursday close $44.22, up 11 pct after market

The company, which runs server farms that lease online storage space to companies, reported better-than-expected quarterly results as it generated more revenue per server.

** WEB.COM GROUP INC, Thursday close $28.16, down 9 pct after market

The company, which provides internet services to small and medium sized businesses, said it will offer $225 million of senior convertible notes due in 2018. Web.com also granted a 30-day option to purchase up to an additional $33.75 million of notes, Web.com said in a statement.

** ALLSCRIPTS HEALTHCARE SOLUTIONS INC, Thursday close $16.13, down 6 pct after market

The healthcare technology company reported a profit that missed analysts' estimates for the third straight quarter due to lower revenue from system sales and professional services.

** NPS PHARMACEUTICALS INC, Thursday close $18.10, up 6 pct after market

The company reported a higher-than-expected second-quarter revenue, boosted by sales of its flagship drug, Gattex, launched in the first quarter. The drugmaker's revenue was $36.5 million in the quarter ended June. Analysts were expecting $31.6 million, according to Thomson Reuters I/B/E/S.

** NEKTAR THERAPEUTICS, Thursday close $10.94, up 3.5 pct after market

The company reported a smaller-than-expected quarterly loss as it received a $10 million milestone payment for initiation of late-stage studies for its experimental pneumonia therapy. Nektar reported a second-quarter net loss of 37 cents per share. Analysts had expected a loss of 44 cents per share, according to Thomson Reuters I/B/E/S.

** BOINGO WIRELESS INC, Thursday close $7.61, up 3.8 pct after market

The Wi-Fi software and services provider reported better-than-expected revenue on Thursday helped by higher demand in its retail and advertising businesses.

** SPIRIT REALTY CAPITAL INC, Thursday close $9.00, up 3 pct after market

The real estate investment trust, which completed its merger with Cole Credit Property Trust II in July, reported better-than-expected funds from operations per share in the second quarter as rental revenue increased.

** CUBESMART, Thursday close $17, up 3 pct after market

The U.S. real estate investment trust reported better-than-expected second-quarter funds from operations (FFO) due to higher revenue from its self-storage facilities. Occupancy rate at plants open for at least a year rose to 90 percent from 84.1 percent a year earlier. Cubesmart also forecast FFO for the current quarter above estimates.

** FUTURE FUEL CORP, Thursday close $15.81, up 2.7 pct after market

The chemical and biofuels maker said on Thursday its second-quarter profit doubled, driven by higher sales in its biofuels business, which contributed 60 percent of the total revenue. Revenue rose 3 percent to $106.1 million.

** NOODLES & CO, Thursday close $47.27, down 6 pct after market

Fast-casual restaurant chain's muted forecast for the current year disappointed investors. The company forecast a full-year profit of 39 cents to 41 cents per share. Analysts on average had expected 39 cents, according to Thomson Reuters I/B/E/S. "That's something that was a little bit lower than what buy-siders expected," Wedbush Securities analyst Nick Setyan told Reuters. (Compiled by Rohit T.K. in Bangalore; Editing by Don Sebastian)

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