MARKET PULSE-Apple, Aeropostale, CombiMatrix, Titan Machinery, Conn's

Thu Dec 5, 2013 8:55am 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/nex49s) U.S. stock index futures fell on Thursday after data showed the U.S. economy grew faster than initially estimated in the third quarter and jobless claims fell for a third straight week. Dow Jones industrial average futures were down 0.16 percent at 15,860, S&P 500 futures were down 0.09 percent at 1,790.1 and Nasdaq 100 futures were up 0.16 percent at 3,488.

** APPLE INC, Wednesday close $565, +1.36 pct premarket

Billionaire investor Carl Icahn said on Wednesday that he has filed a shareholder proposal with the iPhone maker for a much smaller stock buyback plan than he has advocated previously, as he continued to pressure Apple to share more of its cash pile.

China Mobile Ltd, China's largest mobile operator, has signed a long-awaited deal with Apple to offer iPhones on its network, the Wall Street Journal reported, citing an anonymous source familiar with the matter.

** NUANCE COMMUNICATIONS INC, Wednesday close $14.15, +1.84 pct premarket

Activist investor Carl Icahn on Wednesday reported an 18.7 percent stake in the maker of software that runs the Siri feature on Apple Inc's iPhones, up from his earlier stake of almost 17 percent. (link.reuters.com/bus25v)

Icahn has been raising his stake in the company. In October, Nuance agreed to Icahn's board nominees including his son Brett Icahn.

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