MARKET PULSE-Wal-Mart, BlackBerry, Baxter, Visa, Red Hat, PG&E

Fri Mar 28, 2014 8:33am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stock index futures rose on Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy. Dow Jones industrial average futures were up 0.26 percent at 16,224, S&P 500 futures were up 0.32 percent at 1,846.4 and Nasdaq 100 futures were up 0.40 percent at 3,568.5.

** BLACKBERRY LTD, Thursday close $9.05, +2.76 pct premarket

The handset maker reported a smaller-than-expected fourth-quarter loss on Friday, although smartphone sales continued to slide across all regions. Excluding restructuring charges and other one-time items, the Waterloo, Ontario-based company reported a loss of $42 million, or 8 cents a share in the period. Analysts, on average, had been expecting a loss of 55 cents a share, on revenues of $1.11 billion, according to Thomson Reuters I/B/E/S.

** IDERA PHARMACEUTICALS INC, Thursday close $3.88, +31.44 pct premarket

The biotechnology company said its experimental drug for an inflammatory skin disease was found safe and well-tolerated by patients after 12 weeks of treatment in a mid-stage trial.

** MICROSOFT CORP, Thursday close $39.36, +0.20 pct after market

** APPLE INC, Thursday close $537.46, +0.36 pct premarket   Continued...