(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning Call newsletter, link.reuters.com/wak54v) Frenzied buying in Twitter shares dominated Wall Street's attention on Thursday, as the social media stock opened well above expectations, while major averages fell, led by the Nasdaq. The Dow Jones industrial average fell 62.58 points or 0.4 percent, to 15,684.3, the S&P 500 lost 12.12 points or 0.68 percent, to 1,758.37 and the Nasdaq Composite dropped 51.381 points or 1.31 percent, to 3,880.565.
** TWITTER INC, $50.00, up 92 pct (11:00 a.m. ET)
The micro-blogging company’s stock soared 92 percent in their first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the microblogging site, pushing its market value to a heady $25 billion.
** GERON CORP, $6.00, up 65 pct (10:11 a.m. ET)
The company said 22 percent of trial patients treated with its experimental blood cancer drug, Imetelstat, were now free of the disease, a major break for the company after two big setbacks.
** TESLA MOTORS, $143.70, down 5 pct (10:06 a.m. ET)
The electric car maker said a Model S electric car suffered its third fire in six weeks. The driver was not injured, the company added.
** AMC NETWORKS INC, $68.50, down 5.3 pct (11:14 a.m. ET)
The cable TV network third-quarter results missed Wall Street estimates as it spends more on programming to replace marquee shows such as “Breaking Bad”.
** GENPACT LTD, $18.59, down 7.1 pct (10:46 a.m. ET)
The company lowered its full-year forecast, citing its lower-than-expected third-quarter revenue, which Chief Executive N.V. Tiger Tyagarajan attributed to “foreign exchange headwinds impacting our non-U.S. dollar revenues” and continued reduction in mortgage originations business.
** INNERWORKINGS INC, $6.15, down 35 pct (10:06 a.m. ET)
The company, which delivers printed materials and promotional products to companies, reported third-quarter results below analysts’ estimates and cut its full-year forecast due to weakness at its production graphics business in Europe.
** NOVATEL WIRELESS INC, $2.17, down 25 pct (10:04 a.m. ET)
The company reported quarterly revenue that missed analysts’ estimates and the wireless equipment maker forecast fourth-quarter results below Street expectations, blaming rising competition at a customer.
** OMEGA PROTEIN CORP, $10.82, up 15 pct (10:43 a.m. ET)
The nutritional product company reported third-quarter results that beat analysts’ estimates, helped by strong animal nutrition pricing.
** PRESTIGE BRANDS HOLDINGS INC, $33.6, up 14 pct (12:27 p.m. ET)
The company reported second-quarter results above analysts’ estimates, helped by strong sales in its over-the-counter healthcare and household cleaning businesses.
** FLOWERS FOODS INC, $21.90, down 12 pct (10:34 a.m. ET)
The bakery products maker cut its full-year earnings forecast after reporting quarterly results that missed Wall Street estimates, hurt by lower margins from its frozen foods business.
** SOLERA HOLDINGS INC, $64.73, up 10.3 pct (01:23 p.m. ET)
Brokerage Piper Jaffray raised its rating on the insurance software company’s stock to “overweight” from “neutral,” according to Theflyonthewall.com.
** BROOKDALE SENIOR LIVING INC, $28.41, up 5 pct (10:50 a.m. ET)
The operator of senior living communities reported better-than-expected quarterly revenue, helped by an increase in average monthly revenue per unit and an increase in occupany.
** CELLDEX THERAPEUTICS INC, $27.18, up 26 pct (9:58 a.m. ET)
The company said an early-stage trial of its experimental cancer drug showed the treatment was well-tolerated, had a good safety profile and showed early signs of efficacy.
** MONSTER WORLDWIDE INC, $5.38, up 22 pct (9:50 a.m. ET)
The online recruitment company forecast a current-quarter profit above analysts’ expectations as hiring stabilizes in North America. Monster also said it sold a minority stake in its South Korean business for $90 million. The company has been pruning operations this year to focus on its core businesses in North America and Europe.
** MERRIMACK PHARMACEUTICALS INC, $2.52, up 23 pct (09:58 a.m. ET)
The company said an analysis of a mid-stage trial of its ovarian cancer drug has identified potential biomarkers that could be used to select patients who are likely to benefit the most from the drug. Merrimack said patients who were positive for these biomarkers had a 63 percent lower risk of progression when treated with the drug, MM-121, plus chemotherapy, versus chemotherapy alone.
Last week, the drug had failed to meet the mid-stage study’s main goal.
** FIFTH & PACIFIC COS INC, $29.61, up 7 pct (10:37 a.m. ET)
The company reported a smaller quarterly loss, helped by strong sales of its kate spade brand of handbags, clothing and accessories.
** PENNYMAC FINANCIAL SERVICES INC, $21.83, down 4.6 pct (10:09 a.m. ET)
The residential mortgage real estate investment trust posted a third-quarter profit on Wednesday that came in below analysts’ expectations as the company’s origination volumes declined and margins took a hit. PennyMac posted a profit of 28 cents per share, below Wall Street estimate of 37 cents.
** FTI CONSULTING INC, $42.72, up 8 pct (12:40 p.m. ET)
The business advisory posted an adjusted third-quarter profit that handily beat Wall Street estimates, boosted by strong performance in its economic consulting and forensic and litigation consulting businesses.
* POINTS INTERNATIONAL LTD , $20, down 4.5 pct (11:48 a.m. ET)
Brokerage PI Financial lowered its price target to $25 form $27 on the e-commerce service provider’s stock after the company reported third-quarter results below estimates and forecast full-year 2013 revenue below expectations. Points International provides e-commerce services to operators of loyalty programs, such as frequent flyer miles, hotel points and credit card points.
** EZCORP INC, $13.51, down 13 pct (12:45 p.m. ET)
The pawn broker and payday lender posted a surprise quarterly loss, hurt by the combined effect of reduced gold volumes and prices in the quarter. The company posted a quarterly net loss of $24.7 million, or 46 cents per share, on total revenue of $234.4 million.
Analysts on average had expected EZCORP to earn 46 cents per share on revenue of $248.7 million, according to Thomson Reuters I/B/E/S.
** PACIFIC ETHANOL INC, $3.35, down 13 pct (12:55 p.m. ET)
The ethanol producer reported a loss for the third quarter, compared with a profit in the second quarter, partly due to lower selling prices.
** JONES ENERGY INC, $14.45, down 9 pct (12:48 p.m. ET)
The oil and gas producer reported a lower-than-expected profit for the third quarter, driven by a 76 percent rise in total costs.
** PROVIDENCE SERVICE CORP, $25.70, down 15 pct (12:33 p.m. ET)
The company, which provides non-emergency transportation services, reported a 1 percent fall in third-quarter revenue. “The decrease was due primarily to the transition of the Connecticut contract from ”at risk“ to ”administrative services only“, and the voluntary termination of Wisconsin contracts,” the company said.
** LIME ENERGY CO, $3.92, up 12 pct (12:01 p.m. ET)
The company, which provides energy-saving programs to utilities, said it had sold its mechanical service business to Worth & Co as it focuses on installing programs directly for utilities. The mechanical service business provides servicing to commercial and industrial customers in Pennsylvania.
** PARAMETRIC TECHNOLOGY CORP, $30.61, up 8 pct (10:23 a.m. ET)
The product-design software maker reported better-than-expected fourth-quarter results on Wednesday. “Commentary about a strong pipeline of large deals and opportunities with large global companies suggest optimism concerning PMTC’s revenue growth prospects,” Wedbush Securities analyst Steve Koenig said in a note.
* BROADRIDGE FINANCIAL SOLUTIONS, $36.79, up 6.7 pct (10:50 a.m. ET)
The company reported a higher-than-expected quarterly profit as it earned higher revenue from its investor communication and securities processing business.
** HUNTINGTON INGALLS INDUSTRIES, $75.18, up 3 pct (9:50 a.m. ET)
The company, which makes ships for the U.S. Navy and Coast Guard, reported a third-quarter profit far above analysts’ expectations and said a strong backlog helped it avoid any effects of government spending cuts.
** MATSON INC, $23.79, down 12 pct (12.19 p.m ET)
The logistics services provider late on Wednesday reported third-quarter results that missed analysts estimates as ocean transportation volumes declined.
** IMAGE SENSING SYSTEMS INC, $5.63, down 16 pct (11:21 a.m. ET)
The company, which makes video and radar image processing products used for traffic and security control, reported its eighth loss in nine quarters ahead of a traditionally slow winter season.
** PREFORMED LINE PRODUCTS CO, $76.50, down 17 pct (12:25 p.m. ET)
The company, which makes products that support and protect cables and wires, reported a 12 percent drop in revenue as fewer power transmissions projects were completed in the third quarter. “Throughout our foreign operations we are seeing government-owned utilities deferring their transmission and distribution projects due to ongoing weak global economic conditions,” Chief Executive Rob Ruhlman said in a statement.
* FOSTER WHEELER AG, $29.72, up 10 pct (12:12 p.m. ET)
The company, which provides construction and power equipment, reported a third-quarter profit above analysts’ expectations and said strong orders led to a record scope backlog by the end of the quarter. Scope represents that portion of backlog on which profit can be earned.
** DEXCOM INC, $33.32, up 22 pct (10:03 a.m. ET)
The medical device maker reported third-quarter revenue that was nearly double of analysts expected as sales rose for its products including continuous glucose monitoring systems. The company posted a smaller quarterly loss as well on Wednesday.
** ION GEOPHYSICAL CORP, $3.41, down 25 pct (9:50 a.m. ET)
The company, which processes seismic data for oil and gas producers, reported late on Wednesday an adjusted loss for the third quarter, compared with a profit a year earlier, due to weak demand for its marine proprietary software.
** NATIONSTAR MORTGAGE HOLDINGS INC, $41.24, down 16 pct (10:02 a.m. ET)
The mortgage service provider reported third-quarter adjusted earnings below analysts’ average estimate and said it will sell its non-core wholesale and distributed retail origination channels to Stonegate Mortgage Corp, which will result in job cuts and a $16 million charge in the fourth quarter. Nationstar posted an adjusted profit of $1.08 per share, below the estimated $1.26.
** HESKA CORPORATION, $6.83, up 15 pct (11:13 a.m. ET)
The maker of veterinary diagnostic products reported a surprise third-quarter profit as gross margins expanded.
** ST JOE CO, $21.21, up 17 pct (12:18 p.m. ET)
The real estate developer reported a rise in revenue from residential real estate as it sold more lots in its primary home communities, helped by an improving U.S. housing market.
** THERMON GROUP HOLDINGS INC $25.38, up 8 pct (11.09 a.m ET)
The thermal solutions provider reported a better-than-expected quarterly profit, helped by an increased demand for its products in the United States and Canada. Thermon still expects mid-single digit revenue growth in 2014.
** WILLBROS GROUP INC, $8.95, down 7 pct (12.33 p.m. ET)
The engineering and construction services company late on Wednesday reported third-quarter results that missed analysts estimates due to lower demand for its oil and gas downstream service lines. Willbros provides specialty construction and maintenance services to the downstream energy infrastructure markets.
** SWM, $50.94, down 15 pct (11:31 a.m. ET)
The company, which makes paper used to roll cigarettes, reported a 5 percent fall in third-quarter revenue due to lower sales of its tobacco paper, ignition propensity and reconstituted tobacco businesses.
* ACI WORLDWIDE INC, $59.84, up 13.5 pct (10:49 a.m. ET)
The electronic payment services provider reported a better-than-expected third-quarter profit and raised its forecast for the year to account for its acquisition of Official Payments in September.
** HOSPITALITY PROPERTIES TRUST, $27.76, down 5 pct (1:16 p.m. ET)
The real estate investment trust priced an offering of 8.5 million shares at $28 per share, below the stock’s Wednesday closing price.
** FAIRWAY GROUP HOLDINGS CORP, $20.51, down 19 pct (10:52 a.m. ET)
The parent company of food retailer Fairway Market posted a larger-than-expected quarterly loss, hurt by higher costs.
** HOMEAWAY INC, $33.81, up 16 pct (11:13 a.m. ET)
The vacation rental company reported third-quarter results ahead of market estimates, helped by an increase in average revenue per listing, and forecast current-quarter revenue largely above expectations. At least three brokerages increased their price target while two others raised their rating on the company’s stock.
** WPX ENERGY INC, $19.33, down 10 pct (10.41 a.m. ET)
The oil and gas producer reported a bigger-than-expected loss in the third quarter due to weak prices. The company also said full-year capital expenditure would be $1.2 billion, at the high end of its forecast range, while production would be at the low end of its forecast of 1,261-1,295 thousand cubic feet of oil equivalent per day.
** INTERNATIONAL GAME TECHNOLOGY, $17.50, down 10.7 pct (11:12 a.m. ET)
The slot-machine maker reported fourth-quarter adjusted earnings below estimates, hurt by higher research and development and administrative expenses. Excluding items, the company earned 30 cents per share, 4 cents below analysts’ average estimate. The company also forecast 2014 adjusted earnings largely below expectations.
* FUEL SYSTEMS SOLUTIONS INC, $14.87, down 12.5 pct (10:32 A.M. ET)
The alternative-fuel components maker narrowed its full-year revenue forecast “toward the lower end of its previous range” as it expected a compressed margins due to increased competition and a slower global transportation market.
** ARCELORMITTAL SA, $16.8, up 3.8 pct (10:25 a.m. ET)
The world’s largest steelmaker said its two-year slump was over and prospects for 2014 were looking up, after higher U.S. steel shipments and mining output boosted third-quarter profits.
** ROSETTA STONE INC, $12.87, down 15.3 pct (11:00 a.m. ET)
The company, which makes language learning software, reported lower-than-expected third-quarter results on Wednesday, citing lower pricing and softness in its retail channel.
** HIGHER ONE HOLDINGS INC, $9.72, up 21.7 pct (10:28 a.m. ET)
The company, which provides payment processing services to colleges, universities and their students, reported better-than-expected third-quarter results, largely helped by a 75 percent rise in its payment transaction revenue, which accounted for one-fourth of total revenue in the quarter ended Sept. 30.
** CHECKPOINT SYSTEMS INC, $13.49, down 22.42 pct (10:42 ET)
The security software maker reported lower-than-expected earnings for the third quarter and lowered its full-year revenue forecast. The company expects revenue of $680 million-$695 million, down from $685 million to $700 million it had forecast earlier.
** WESTELL TECHNOLOGIES INC, $4.28, up 24 pct (9:59 a.m. ET)
The company, which provides equipment for telecom service providers, reported a second-quarter profit, compared with a loss a year earlier, helped by large customer deployments.
** FLEETMATICS GROUP PLC, $38.97, up 20 pct (10:00 a.m. ET)
The company, which sells web-based fleet-tracking software, reported better-than-expected third-quarter results, saying it was helped by “growth in new customers, increasing sales to existing customers and low churn.”
** LIVEPERSON INC, $10.72, up 17.6 pct (9:59 a.m. ET)
The chat software provider reported better-than-expected quarterly results as it added 55 customers. Revenue rose 14 percent to $45.2 million in the third quarter.
** BIOSCRIP INC, $5.91, down 18 pct (10:02 a.m. ET)
The infused-drugs provider lowered by $15 million the high-end of its full-year revenue outlook range, citing continued weakness in the non-core pharmacy benefit management and home health services businesses. BioScrip now expects full-year revenue of $830-$850 million. The company broke even on a per-share basis in the third quarter, while analysts had expected a profit of 3 cents per share, according to Thomson Reuters I/B/E/S.
** LAREDO PETROLEUM HOLDINGS INC, $27.78, down 12 pct (10:32 a.m. ET)
The company’s oil production fell below analysts’ estimates in the third quarter, according to analysts at Simmons & Co. The company said oil would make up 57 percent of its fourth-quarter output, lower than its previous outlook of 60 percent.
** PENN WEST PETROLEUM LTD, $8.64, down 8 pct (10:18 a.m. ET)
Four brokerages downgraded the stock after the Canadian oil producer said on Wednesday it aimed to sell assets worth up to $2 billion before 2015 to focus on projects centered on the Cardium field in Alberta. Analysts at RBC Capital Markets cut their price target on Penn West’s stock, citing the company’s forecast of lower production and cash flow into 2014-15.
** ENERGY RECOVERY INC, $4.85, down 13 pct (10:20 a.m. ET)
The company, which manufactures devices to harness reusable energy, posted a bigger-than-expected quarterly loss due to delay in shipments.
** MATADOR RESOURCES CO, $19.14, up 6 pct (10:06 a.m. ET)
The company reported a better-than-expected profit on Wednesday, helped by strong production in the Eagle Ford shale field and lower operating costs. The company also raised its output forecast for the full year.
** SCRIPPS NETWORKS INTERACTIVE INC, $75.12, down 6.4 pct (12:07 p.m. ET)
The television and internet content developer reported third-quarter operating revenue of $616.9 million, below analysts’ average estimate of $619.1 million.
** QUALCOMM INC, $67.22, down 3.6 pct (09:59 a.m. ET)
Qualcomm forecast revenue below expectations on Wednesday and said it would curb fast-growing operating expenses, stoking concerns the leading mobile chipmaker faces tough competition in Asia. At least four brokerages cut their price taregts on the stock. “The headwinds here are similar to peers and not particularly shocking, though we had hoped for better,” Morgan Stanley analysts wrote in a note.
** CHINA SUNERGY CO LTD, $7.81, down 17.7 pct (10:01 a.m. ET)
Solar panel maker said its shipments fell in the third quarter from the second quarter, due to tight credit in China that hurt its ability to buy raw materials.
** AMERICAN EAGLE OUTFITTERS INC, $15.92, up 8 pct (10:00 a.m. ET)
The teen apparel retailer said it expects third-quarter profit above analysts’ estimates due to better-than-expected margins.
** AGENUS INC, $2.62, up 10 pct (10:04 a.m. ET)
The company said a trial of its experimental genital herpes vaccine reduced the rate at which patients released the virus, reducing the likelihood of infecting others.
** NOODLES & CO, $42.26, down 9 pct (9:57 a.m. ET)
The restaurant operator reported lower-than-expected revenue in its second quarter as a public company, citing a tepid consumer spending environment.
** WHOLE FOODS MARKET INC, $58.27, down 9 pct (9:56 a.m. ET)
The company lowered its sales forecast for fiscal 2014, citing price cuts to keep up with competitors.
** TETRAPHASE PHARMACEUTICALS INC, $10.48, down 7 pct (9:55 a.m. ET)
The company priced an offering of 4.5 million shares at $10 each, about 12 percent below the stock's closing price on Wednesday. (link.reuters.com/huk54v)
** SOLARCITY CORP, $53.60, down 10 pct (9:55 a.m. ET)
The U.S. solar installer reported quarterly results in line with the raised view it gave in October, but shares fell as some investors cashed in on the stock’s 60 percent runup since that outlook.
** WENDY‘S CO, $8.17, down 10 pct (9:52 a.m. ET)
The second-largest U.S. hamburger chain reported lower-than-expected quarterly revenue even as losses narrowed due to lower costs and new menu items like Pretzel Bacon Cheeseburger.
** CORONADO BIOSCIENCES INC, $1.47, down 10 pct (9:52 a.m. ET)
The company said its German partner discontinued a mid-stage study of its inflammatory bowel disease treatment due to lack of effectiveness.
** TRANSOCEAN LTD, $51.51, up 5 pct (9:51 a.m. ET)
The owner of the world’s largest offshore drilling fleet reported a larger-than-expected third-quarter profit due to increased demand for its rigs and higher rates.
** J.C. PENNEY CO INC, $8.20, up 6 pct (9:51 a.m. ET)
The company reported its first monthly same-store sales gain in nearly two years, as comparable sales rose 0.9 percent in October.
** ORASURE TECHNOLOGIES INC, $6.47, up 8 pct (9:49 a.m. ET)
The diagnostics devices maker reported better-than-expected results on Wednesday, mainly due to higher sales of its OraQuick In-Home HIV test, and forecast fourth-quarter results above estimates.
** STRATASYS LTD, $122.67, up 7 pct (9:47 a.m. ET)
The 3D printer maker reported better-than-expected third-quarter results, helped by revenue from MakerBot, the low-end consumer 3D printer maker it acquired in June, and raised its forecast for the year.
** CAREER EDUCATION CORP, $4.48, down 17 pct (9:46 a.m. ET)
The education services company reported late on Wednesday third-quarter results that missed analysts estimates as new enrollment fell 10 percent.
** TEMPUR SEALY INTERNATIONAL INC, $46.80, up 16 pct (9:45 a.m. ET)
The mattress maker third-quarter results comfortably beat Wall Street estimates, boosted by a revival in North American sales.
** RDA MICROELECTRONICS INC, $17.27, up 11 pct (9:42 a.m. ET)
U.S.-listed chipmaker said it received an $18 per share buyout offer from China’s state-owned Tsinghua Unigroup Ltd, which is funded by the Tsinghua University, marking it a second such bid in more than a month.
** TOLL BROTHERS INC, $33.98, up 4 pct (9:42 a.m. ET)
The company said it will buy the home building business of privately owned Shapell Industries Inc for about $1.60 billion in cash, in a deal that will give the largest U.S. luxury homebuilder more access to affluent real estate markets in California.
** JAMES RIVER COAL CO, $1.83, down 4 pct (9:40 a.m. ET)
The company said it idled four mines in eastern Kentucky in Central Appalachia and temporarily laid off about 200 employees as coal prices fall further.
** KULICKE AND SOFFA INDUSTRIES INC, $12.10. down 6 pct (9:36 a.m. ET)
The company reported a 36 percent drop in fourth-quarter revenue due to lower sales of semiconductor and LED assembly equipment.
** RADIAN GROUP INC, $14.07, down 3 pct (9:38 a.m. ET)
The mortgage insurer posted a quarterly loss, compared with a year-earlier profit, as it booked a loss on investments after a large net gain in the prior period.
** PRUDENTIAL FINANCIAL INC, $85.87, up 5 pct (9:43 a.m. ET)
The second-largest U.S. life insurer reported higher-than-expected adjusted quarterly profit, driven its retirement services and annuities business.
** MONDELEZ INTERNATIONAL INC, $32.69, down 2 pct (9:43 a.m. ET)
The packaged food company cut its full-year organic net revenue growth expectations to about 4 percent, from the 5-7 percent growth it forecast earlier. JP Morgan cut its price target on the stock by $1 to $37.
** INTEGRA LIFESCIENCES HOLDING CORP, $41.14, down 3 pct (9:45 a.m. ET)
The company said late on Wednesday it priced its public offering of 3.5 million shares at $40 each, below its closing price on Wednesday. Integra said it would use the net proceeds to buy additional shares, for general corporate purposes and to fund part of the amount for its acquisition of a unit of Covidien Plc.
** MRC GLOBAL INC, $29.34, down 4 pct (9:49 a.m. ET)
The supplier of pipes, valves and fittings, announced late on Wednesday a secondary public offering of 17.4 million shares by funds managed by the merchant banking division of Goldman Sachs Group Inc.
** INCYTE CORP, $36.25, down 3 pct (9:47 a.m. ET)
The drugmaker on Wednesday proposed to offer convertible senior notes of $350 million due 2018 and as much due 2020 in a private placement, the proceeds of which will partly be used buy back or retire Incyte’s debt. (Compiled by Natalie Grover; Editing by Don Sebastian)