November 1, 2013 / 3:18 PM / in 4 years

MARKET PULSE-AIG, Body Central, Chevron, Osiris, Hutchinson, Container Store

(For more market insights, including options activity, click on ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning Call newsletter, click here)

Nov 1 (Reuters) - U.S. stocks rose on Friday, rebounding following two days of losses as solar companies jumped on results and strong data on manufacturing. The Dow Jones industrial average was up 0.16 percent, the S&P 500 was down 0.03 percent and the Nasdaq Composite was up 0.30 percent.

Some stocks on the move:

** CHEVRON CORP, $117.86, down 1.8 pct (9:44 a.m. ET)

The second-largest U.S. oil company reported a decline in quarterly profit due to the impact of lower refining margins, while oil and gas production increased but remained short of its target.

** CONTAINER STORE GROUP INC, $36.01, up 100 pct (11:08 a.m. ET)

The retailer of storage products, which sells a range of items from laundry baskets to luggage, raised $225 million after pricing its initial public offering at the top end of its increased price range. The Coppell, Texas-based specialty retailer, which sells a range of storage products from laundry baskets to luggage, sold 12.5 million shares at $18 each.

** AMERICAN INTERNATIONAL GROUP INC, $48.47, down 6.2 pct (11:08 a.m. ET)

The company reported earnings nearly in line with expectations on Thursday, but the stock fell after hours as analysts still saw room for improvement in the insurer, which almost went under during the financial crisis.

** OSIRIS THERAPEUTICS INC, $16.38, up 23 pct (10:20 a.m. ET)

The stem-cell based drugs developer reported a smaller-than-expected quarterly loss as its revenue rose more than three fold.

** HUTCHINSON TECHNOLOGY INC, $3.11, down 16.4 pct (10:26 a.m. ET)

The company, which makes suspension assemblies for disk drives, posted a bigger-than-expected quarterly loss hurt by lower production at its Thailand facility than the company had expected and continued problems in its components business.

** BILL BARRETT CORP, $29.75, up 7.5 pct (10:59 a.m. ET)

The oil and gas producer’s adjusted quarterly loss was 1 cent higher than analysts’ average estimate, as weak prices for natural gas liquids offset higher production and lower costs.

However, analysts said improved well results in its core Northeast Wattenberg area in Colorado was a positive. “We expect the shares to outperform the group on Friday given the strong step out well results in the NE Wattenberg area,” Simmons and Co analysts said.

** ZALICUS INC, $4.65, up 6 pct (10:59 a.m. ET)

The pain drug developer said its experimental drug demonstrated a statistically significant reduction in pain in an early stage study. Based on these results, Zalicus plans to take the drug, Z944, into mid-stage development in 2014. Z944 was issued a second patent covering methods of treating pain on Oct. 29, providing additional patent protection in the United States until at least 2029, the company said.

** CONTROL4 CORP, $17.33, up 5.4 pct (9:46 a.m. ET)

The company, which sells home automation systems, reported a better-than-expected profit on Thursday on higher sales in North America.

The company provides automation systems which allow owners to control music, lighting, temperature, and security systems in their homes through a central controlling system on a wall panel or mobile device.

** CALLIDUS SOFTWARE INC, $10.77, up 4 pct (10:07 a.m. ET)

The HR management software maker reported better-than-expected third-quarter results on Thursday as demand rose for its cloud-based software.

** ACADIA PHARMACEUTICALS, $23.02, up 1.3 pct (10:00 a.m. ET)

The drug developer published the results of a late-stage study in a medical journal, where its experimental drug significantly reduced psychosis and maintained motor control in patients with Parkinson`s disease psychosis (PDP).

The drug, pimavanserin, was found be safe and well tolerated in patients with PDP - a disorder that develops in up to 60 percent of patients with Parkinson‘s. Currently, there is no FDA-approved therapy to treat PDP in the United States.

** OFFICE DEPOT INC, $5.80, up 3.7 pct (09:54 a.m. ET)

A deal to combine the No. 2 U.S. office supply retailer with smaller rival OfficeMax Inc has won approval from the U.S. Federal Trade Commission, the companies said in a joint statement.

** SOUTHWESTERN ENERGY CO, $37.73, up 1.4 pct (10:22 a.m. ET)

Analysts at Stifel, Nicolaus & Co raised their rating on the oil and gas producer’s stock to “buy” from “hold,” citing its better-than-estimated production for the third quarter and positive well results in the Brown Dense in the southern Arkansas and northwest Louisiana. Analysts at Canaccord Genuity raised their target price on the company’s stock to $51 from $50.

** EAGLE BULK SHIPPING INC, $5.77, up 3.7 pct (09.51 a.m. ET)

** DRYSHIPS, $2.90, up 5.4 pct

** FRONTLINE LTD, $2.29, up 8 pct

** GENCO SHIPPING AND TRADING LTD, $2.78, up 4.4 pct

** DIANA SHIPPING INC, $11.52, up 1.5 pct

** NAVIOS MARITIME HOLDINGS INC, $7.29, up 2.9 pct

** SAFE BULKERS INC, $7.55, up 1.2 pct

The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, grain, coal and fertilizer, rose for a second day on Friday and was up 1.4 percent at 1,525 points in morning trade.

** BEBE STORES INC, $5.65, down 6 pct(10:44 a.m E.T)

Janney Capital Markets analyst Adrienne Tennant cut her rating on the women’s apparel retailer’s stock to “neutral” from “buy,” as it expects the company to continue to face margin and comparable-store sales pressure in the next 12 months.

** WELLCARE HEALTH PLANS, $61.01, down 9 pct (10:49 a.m. ET)

The health insurer said Chief Executive Alec Cunningham would leave the company and appointed Chairman David Gallitano interim CEO.

“The CEO announcement wasn’t expected and will raise plenty of questions for a stock that is up 37 percent year-to-date and 80 percent under his tenure,” Jefferies analyst David Windley wrote in a note. The company, which reported better-than-expected quarterly profit, cut its full-year earnings forecast to account for spending on the implementation of Medicaid contract in Florida.

** GROUPON INC, $9.67, up 6 pct (10:55 a.m. ET)

The daily deals company launched a redesigned version of its website and updated its mobile apps for the iPad, iPhone and Android devices. Janney Montgomery Scott LLC analyst Shawn Milne said Groupon’s stock was “probably” up on the news. “Plus stock has been under a lot of pressure,” he said.

** ATMI INC, $28.93, up 6 pct (10:37 a.m. ET)

The company, which provides semiconductor material, is exploring a sale and hired Barclays Plc to sound out potential buyers, Bloomberg reported citing two people with knowledge of the matter. Bloomberg reported citing sources that a deal may value the company at about $1 billion. (link.reuters.com/heh44v)

** ODYSSEY MARINE EXPLORATION INC, $2.29, up 6 pct (9:44 a.m. ET)

The company on Friday responded to activist fund manager Meson Capital Partners allegations and said its existing public disclosures are accurate in all material respects.

San Francisco-based Meson Capital on Thursday published a report questioning the company’s new offshore subsidiaries. Odyssey Marine’s shares closed down nearly 24 percent on the news.

** DIGIRAD CORP, $3.96, up 19 pct (9:45 a.m. ET)

The diagnostic imaging systems maker reported its first quarterly profit in two years, helped by strong sales of its nuclear and ultrasound imaging services and lower operating expenses.

** BRUKER CORP, $18.61, down 9 percent (9:45 a.m. ET)

The scientific instruments maker’s third-quarter results missed analysts’ estimates, partly due to weak demand for its products from industrial markets. The company also lowered its full-year earnings forecast to 72-76 cents per share from the 80-83 cents it earlier estimated.

The company also expects 2013 revenue to be flat or fall by 1 percent, compared with its earlier estimate of 2-3 percent revenue growth.

** AMN Healthcare Services Inc, $12.72, up 2.5 pct (9:45 a.m. ET)

The company, which provides healthcare staffing and clinical workforce management services, reported better-than-expected third-quarter results, helped by a strong performance in its Locum Tenens Billing and physician permanent placement businesses.

** STARWOOD PROPERTY TRUST INC, $26.52, up 3 pct (9:46 a.m. ET)

The real estate investment trust (REIT), said its board has approved a spin-off of its single-family residential business to its stockholders. The newly formed REIT will be called Starwood Waypoint Residential Trust and will apply to list on the New York Stock Exchange and trade under the ticker symbol “SWAY,” the company said.

** SS&C TECHNOLOGIES HOLDINGS INC, $37.63, down 4.5 pct (9:48 a.m. ET)

The company, which makes software for financial service providers, forecast fourth-quarter revenue largely below analysts’ estimates on Thursday saying closing deals was taking longer as it pursued bigger clients.

** ARIAD PHARMACEUTICALS INC, $2.42, up 10.5 pct (9:48 a.m. ET)

The company has suspended sales of its leukemia drug Iclusig after an investigation by the U.S. Food and Drug Administration found that a significant number of patients developed life-threatening blood clots or narrowing of the veins.

** BRUKER CORP, $18.83, down 7.7 pct (9:48 a.m. ET)

The scientific instruments maker’s third-quarter results missed analysts’ estimates, partly due to weak demand for its products from industrial markets. The company also lowered its full-year earnings forecast to 72-76 cents per share from the 80-83 cents it earlier estimated. The company said it expects 2013 revenue to be flat or fall by 1 percent, compared with its earlier estimate of 2-3 percent revenue growth.

** CBOE HOLDINGS INC, $49.01, up 1.3 pct (9:51 a.m. ET)

The company, which operates the biggest U.S. stock-options market, reporter higher-than-expected quarterly profit on increased trading of exclusively listed contracts tied to stock-market indexes and volatility.

** BOTTOMLINE TECHNOLOGIES, $36.15, up 15 pct (9:52 a.m. ET)

The company, which provides payment, invoice and document automation products, reported better-than-expected results on Thursday helped by strong subscription and transaction revenue, and raised its forecast for the year ending June 2014. Needham raised its price target on the stock by a dollar to $36.

** FLUOR CORP, $76.72, up 3.4 pct (9:52 a.m. ET)

The largest publicly traded U.S. engineering company posted a higher quarterly profit on Thursday, but its engineering project backlog shrank as the oil and gas division could not make up for lost mining work and its 2014 outlook fell short of what analysts expected.

** SPIRIT AEROSYSTEMS HOLDINGS INC, $28.43, up 6.5 pct (9:53 a.m. ET)

The maker of fuselages and wings for Boeing Co and Airbus, reported a 10 percent rise in quarterly revenue due to strong demand for large commercial aircraft.

** NETFLIX INC, $332.69, up 3.2 pct (9:53 a.m. ET)

Brokerage Robert W Baird and Co Inc raised its rating on the company’s stock to “outperform” from “neutral,” according to Theflyonthewall.com.

** GREEN DOT CORP, $25, up 16.5 pct (9:54 a.m. ET)

The prepaid card company’s third-quarter results beat analysts’ estimates as card revenues rose, and raised its outlook for the year. Green Dot said it expects full-year adjusted earnings of between $$1.10 and $1.20 per share.

J.P. Morgan Securities raised its rating on the stock to “overweight” from “neutral,” according to Theflyonthewall.com.

** ARTISAN PARTNERS ASSET MANAGEMENT INC, $58.91, down 1.6 pct (9:54 a.m. ET)

The investment management firm priced its offering of 4.8 million shares at $56 per share, a discount of about 6 percent to its Thursday’s closing price.

** FIRST SOLAR INC, $58.05, up 15 pct (9:54 a.m. ET)

** YINGLI GREEN ENERGY HOLDING CO LTD, $6.36, up 6 pct (10:47 a.m. ET)

** TRINA SOLAR LTD, $15.30, up 4.3 pct

** RENESOLAR LTD, $4.59, up 5.5 pct

** CHINA SUNERGY CO LTD, $7.86, up 6.4 pct

** JINKOSOLAR HOLDING CO LTD, $23.29, up 3.4 pct

** REAL GOODS SOLAR INC, $3.66, up 8.9 pct

The U.S. solar company reported quarterly results that blew past estimates and raised its earnings outlook for the year as it began recognizing revenue from a major project in California, sending shares higher.

** MOHAWK INDUSTRIES INC, $139.83, up 5.6 pct (9:56 a.m. ET)

The maker of floor covering products late on Thursday reported third-quarter earnings in line with analysts estimates as new residential construction and remodeling drove up sales. The company forecast fourth-quarter earnings to be higher than Wall Street expectations.

** BARRICK GOLD CORP, $18.24, down 5.9 pct (9:56 a.m. ET)

The world’s largest gold producer said on Thursday that it will issue more than $3 billion in stock as it looks to improve its liquidity position by paying down its large debt load.

** CANADIAN SOLAR INC, $25.43, up 10.5 pct (9:57 a.m. ET)

The Chinese solar products maker said it had been awarded a contract to supply 100 megawatt photovoltaic modules for a solar power project in Guazhou County in China.

** AUDIENCE INC, $11.55, up 1.1 pct (9:57 a.m. ET)

The audio-chipmaker forecast fourth-quarter results largely below analysts’ estimates, hurt by weak demand from its biggest customer, Samsung Electronics Co Ltd.

J.P. Morgan Securities lowered its price target on the company’s stock following results.

** ELLIE MAE INC, $23.15, down 19.9 pct (9:57 a.m. ET)

The company, whose software is used by mortgage professionals, reported a lower-than-expected third-quarter profit, hurt by lower mortgage volumes and higher R&D spending.

** TRIMBLE NAVIGATION LTD, $33.20, up 16 pct (9:58 a.m. ET)

The navigation software maker reported better-than-expected quarterly earnings and forecast a strong fourth quarter, helped by robust sales in the transport and logistics sectors.

** BODY CENTRAL CORP, $4.25, down 25 pct (9:58 a.m. ET)

The women’s apparel retailer reported a larger-than-expected quarterly loss as it struggled to attract customers. Chief Executive Brian Woolf attributed the disappointing third-quarter results to a decline in U.S. mall traffic and the overall weakness in the women’s apparel sector.

Brokerage Jefferies and Co Inc lowered its price target on the company’s stock following results. (Compiled by Sampad Patnaik; Editing by Joyjeet Das)

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