MARKET PULSE-HP, Tilly's, Infoblox, GW Pharma, Crocs, Foster Wheeler
(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/nex49s) U.S. stock index futures rose on Wednesday as investors found few reasons to buy ahead of a market holiday with major indexes near all-time or multi-year highs. Dow Jones industrial average futures were up 0.07 percent at 16,071, S&P 500 futures were up 0.06 percent at 1,803 and Nasdaq 100 futures were up 0.17 percent at 3,453.25.
** HEWLETT-PACKARD CO, Tuesday close $25.09, +6.14 pct premarket
Signs that Hewlett-Packard Co's turnaround plan is finally yielding results prompted at least one brokerage to raise its rating on HP shares and eight others to raise price targets, setting up the stock for a bounce on Wednesday.
** TILLY'S INC, Tuesday close $15.88, -22.54 pct premarket
The teen apparel retailer forecast a much lower-than-expected profit for the fourth quarter, citing weak customer traffic amid increased promotions in the holiday season.
** INFOBLOX INC, Tuesday close $44.96, -18.71 pct premarket
The network equipment maker forecast second-quarter results below analysts' expectations. Infoblox's shares have almost tripled in the past year, spurred by strong demand for its automation products that help telecom companies manage internet traffic more efficiently. Continued...