(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) U.S. stock index futures rose on Tuesday, putting the S&P on track to snap a two-session losing streak after a flurry of corporate earnings reports. Dow Jones industrial average futures were up 0.45 percent at 16,470, S&P 500 futures were up 0.48 percent at 1,843.1 and Nasdaq 100 futures were up 0.52 percent at 3,603.5.
** YRC WORLDWIDE INC, Friday close $15.82, +17.26 pct premarket
The trucking company and the Teamsters union reached a tentative deal for a new labor contract that sets the stage for the struggling company to push ahead with a refinancing plan.
The Teamsters will review the contract on Tuesday.
** PLURISTEM THERAPEUTICS INC, Friday close $4.43, +4.29 pct premarket
The company said results from its early/mid-stage clinical trial indicated its placenta-derived stem cells for the treatment of muscle injury were safe and provided evidence the cells might be effective in treating orthopedic injuries.
** FOREST LABORATORIES INC, Friday close $68.74, +6.05 pct premarket
The drug company’s results handily beat analysts’ estimates in the first full quarter under new Chief Executive Brent Saunders, and the company raised its full-year profit forecast.
** BLACKBERRY INC, Friday close $9.08, +7.93 pct premarket
The struggling smartphone maker’s Toronto Stock Exchange-listed shares jumped 8.2 percent on Monday as short positions in the stock waned and after Pentagon said last week the company’s devices were a core part of its mobile strategy.
** DOW CHEMICAL CO, Friday close $43.07, +7.04 pct premarket
Activist investor Daniel Loeb’s Third Point has taken a stake in the U.S. chemical maker and Loeb wants Dow Chemical to spin off its petrochemical business, CNBC reported on Tuesday.
** AMARIN CORP PLC, Friday close $2.27, -25.11 pct premarket
U.S. health regulators rejected a preset testing process as the Irish drugmaker seeks broader use of its blood fat-lowering drug. The company said it planned to appeal the decision, but that it did not expect a decision on the extended use of the drug while the appeal is pending.
** AES CORP, Friday close $14.3, +1.75 pct premarket
French utility GDF Suez SA’s financial advisers have reviewed a number of sizeable possible acquisitions, including U.S.-based utility AES Corp, Reuters reported on Monday.
The French company has rejected media reports about preparations for a multi-billion dollar takeover.
** YINGLI GREEN ENERGY HOLDING CO LTD, Friday close$6.9, +0.00 pct premarket
The Chinese solar company said that China’s government allowed its unit Yingli Energy (China) Co Ltd to contract foreign engineering projects. The company can now enter into contracts for large projects overseas and send workers abroad for projects.
** VERIZON COMMUNICATIONS INC, Friday close $48.35, +0.93 pct premarket
The company said its quarterly revenue rose 3.4 percent as it added more wireless subscribers than expected at its Verizon Wireless venture with Vodafone Group Plc.
** TRAVELERS COS INC, Friday close $86.47
The U.S. insurer reported a much better-than-expected three-fold rise in quarterly profit as the company earned higher premiums and disaster losses declined.
** JOHNSON & JOHNSON, Friday close $95.06, +0.41 pct premarket
The diversified healthcare company reported quarterly results that came in above Wall Street estimates on sharply higher sales of its prescription drugs and improving sales of its medical devices.
** HALLIBURTON CO, Friday close $50.66, +1.26 pct premarket
The world’s second-largest oilfield services company reported a 31 percent rise in quarterly profit as its push into global markets more than made up for weakness in North America.
** AFFYMETRIX INC, Friday close $9.26, +5.40 pct premarket
The company said it received clearance from the U.S. health regulator to market its genomic test to help doctors diagnose developmental and intellectual disabilities in children.
** GENERAL ELECTRIC CO, Friday close $26.58, +0.45 pct premarket
** CAMERON INTERNATIONAL CORP, Friday close $58.69
GE agreed to buy flow equipment provider Cameron International Corp’s reciprocating compression division for $550 million as it looks to benefit from the boom in the development of shale oil and gas fields.
** BAKER HUGHES INC, Friday close $54.14, +1.85 pct premarket
The world’s third-largest oilfield services company reported a slightly higher-than-expected quarterly profit, helped by a rise in revenue from the Middle East and Africa.
** 3D SYSTEMS CORP, Friday close $90.53, -2.43 pct premarket
Credit Suisse downgraded the 3D printer maker’s stock to “neutral” from “outperform,” while upgrading rival Stratasys’s stock. Credit Suisse said 3D Systems’ stock trades at a significant premium to Stratasys shares, which was unjustified because of the two companies’ similar scale, and Stratasys’s “superior consumer and prosumer positioning.”
** NU SKIN ENTERPRISES, Friday close $79.47, -0.18 pct premarket
The skincare products maker said it would suspend promotional meetings where it recruits new distributors in China, days after Chinese regulators launched probes into its business practices. The company said in a letter to customers on Tuesday that an internal investigation found instances where some of its sales representatives had failed to “adequately follow and enforce our policies and regulations.”
** DELTA AIR LINES INC, Friday close $79.47
The U.S. carrier reported a higher-than-expected fourth-quarter profit, aided by lower fuel costs.
** JPMORGAN CHASE & CO, Friday close $58.11
The bank has stopped working on a Chinese firm’s initial public offering amid an investigation by U.S. authorities into its hiring practices in China, people with direct knowledge of the matter told Reuters.
** INTERNATIONAL BUSINESS MACHINES CORP, Friday close $190.09, +0.08 pct premarket
China’s Lenovo Group Ltd has resumed talks to buy International Business Machines Corp’s low-end server unit, a source familiar with the matter said - a purchase that would bolster its efforts to diversify beyond a shrinking PC market.
** ROYAL DUTCH SHELL, Friday close $74.08, +1.31 pct premarket
Royal Dutch Shell said on Monday that it had agreed to sell stakes in a gas project in Western Australia for $1.14 billion as part of the oil company’s drive to improve its return on investment.
** NOVO NORDISK A/S, Friday close $38.1, +1.73 pct premarket
The Danish pharmaceuticals company launched NovoFine Plus, an ultra-thin, ultra-short pen needle aimed at making insulin injections more comfortable for diabetes patients, the company said on Monday.
** ACTAVIS PLC, Friday close $183.28, +2.02 pct premarket
Indian drugmaker Aurobindo Pharma Ltd said it agreed to buy the company’s commercial operations in seven Western European countries for about 30 million euros ($41 million).
** BOEING CO, Friday close $140.46, +0.38 pct premarket
GECAS, the world’s largest aircraft leasing company, announced an order for 40 Boeing medium-haul passenger jets on Monday, in a fresh boost for the U.S. planemaker’s best-selling model.
** GOOGLE INC, Friday close $1,150.53, +0.75 pct premarket
Intellectual Ventures is set to square off this week against the internet search company’s Motorola Mobility unit in the first trial that the multibillion-dollar patent-buying firm has undertaken since it was founded.
** FORD MOTOR CO, Friday close $16.52, +0.73 pct premarket
The automaker is betting that the tight bond between two of its senior executives can help it prevent quality missteps from derailing its busiest-ever year for launching new vehicles.
** AGRIUM INC, Friday close $93.88, -1.04 pct premarket
The Canadian fertilizer company said its fourth quarter earnings from continuing operations would be at the lower end of its guidance due to lower sales prices. The company cited lower-than-expected sales prices in wholesale nutrients and reduced domestic sales volumes of potash, partly due to issues faced with rail shipments.
** ANHEUSER-BUSCH INBEV SA, Friday close $101.47, +2.99 pct premarket
The world’s biggest brewer agreed to buy back South Korea’s Oriental Brewery Co Ltd for $5.8 billion including debt, returning to a large Asian market at a time of strong industry growth across the region. (Compiled by Neha Dimri in Bangalore; Edited by Kirti Pandey)