BUZZ-U.S. Stocks on the Move-Oxigene, Sears, Rockwell Medical, Tekmira

Fri Nov 7, 2014 9:12am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stock index futures pointed to slight gains at the open on Friday as the October payroll report showed jobs growth continued apace while the unemployment rate fell to a six-year low. Dow Jones industrial average futures were down 0.15 percent at 17,478, S&P 500 futures were down 0.16 percent at 2,024.75 and Nasdaq 100 futures were up 0.01 percent at 4,163.25.

** WALT DISNEY CO, Thursday close $92, -2.39 pct premarket

The media and theme park giant posted a quarterly profit that fell in line with Wall Street expectations as it rode the blockbuster performance of its movie box office hits "Maleficent" and "Guardians of the Galaxy."

But operating income at its sports behemoth ESPN fell due to higher contract rates for high-end National Football League and Major League Baseball games, which helped drag the company's cable networks unit down by 1 percent to $1.3 billion.

The drop at cable networks, the company's largest unit, likely drove Disney shares lower, said Gabelli & Company analyst Brett Harriss, who rates Disney a "hold."

** TRANSOCEAN LTD, Thursday close $29.92, -5.41 pct premarket

The rig contractor expects to incur impairment charges of $2.76 billion in the third quarter as it grapples with an oversupplied offshore drilling market, and said it would delay its quarterly results.   Continued...