MARKET PULSE-Sonic, Commscope, Google, Walt Disney, General Motors
(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) Dow Jones industrial average futures were up 0.14 percent at 16,224, S&P 500 futures were up 0.26 percent at 1,854.2 and Nasdaq 100 futures were up 0.17 percent at 3,617.
** SONIC CORP, Monday close $20.92, +7.13 pct after market
The drive-in restaurant operator, on Monday, reported a better-than-expected second-quarter profit, helped by a 1.4 percent rise in its same-store sales.
At least four brokerages increased their price targets on the restaurant chain's stock.
** COMMSCOPE HOLDING COMPANY INC, Monday close $24.43, -1.96 pct after market
The telecommunications equipment maker said it had begun a secondary offering to sell 17.5 million shares by an affiliate of the Carlyle Group LP.
CommScope said it would not receive any proceeds from the offering. Continued...