June 5, 2014 / 12:57 PM / 4 years ago

MARKET PULSE-Sprint, Halozyme, RCS Capital, Ciena, UTi Worldwide

(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)

June 5 (Reuters) - U.S. stock index e-mini futures were slightly higher on Thursday: Dow Jones industrial average futures were up 0.36 percent at 16,779, S&P 500 futures were up 0.29 percent at 1,931.25 and Nasdaq 100 futures were up 0.23 percent at 3,752.

** SPRINT CORP, Wednesday close $9.4, +1.60 pct premarket

** T-MOBILE US INC, Wednesday close $34.28

Sprint Corp has agreed to pay about $40 per share to buy T-Mobile US, a person familiar with the matter said, marking further progress in the attempt to merge the third and fourth-biggest U.S. mobile network operators.

** AT&T INC, Wednesday close $35.05

** DIRECTV, Wednesday close $82.55

The U.S. House of Representatives Judiciary Committee will hold a hearing on June 24 to discuss AT&T’s proposed deal to buy DirecTV, the panel said on Wednesday.

** TWITTER INC, Wednesday close $32.9

The microblogging platform has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.

** NETFLIX INC, Wednesday close $423.21

** VERIZON INC, Wednesday close $49.15

Netflix is telling customers that Verizon and other Internet providers are to blame for slow speeds as the video streaming service pushes to avoid paying for faster delivery of its movies and TV shows.

** GENERAL MOTORS CO, Wednesday close $36.52

An internal probe of General Motors delay in recalling cars with defective ignition switches linked to at least 13 deaths is expected to conclude there was no concerted coverup and clear senior management of blame, the Wall Street Journal reported, citing people familiar with the matter.

** FORD MOTOR CO, Wednesday close $16.79

Ford Motor said it expected to incur a “significant” loss in South America in the current quarter mainly due to low sales volumes and changes to Venezuela’s foreign exchange rate.

** QUALCOMM INC, Wednesday close $79.92

Qualcomm plans to sell its first smartphone chips tailored to China this year, as the U.S. maker of chips for high-end phones adapts to a market where growth is increasingly driven by low-priced handsets.

** AMAZON.COM INC, Wednesday close $306.78, +0.63 pct premarket

Amazon.com revived speculation about its next major product on Wednesday, using a mysterious YouTube video and website post to tease a June 18 “launch event” in Seattle to be hosted by CEO Jeff Bezos.

** COSTCO WHOLESALE CORP, Wednesday close $116.31

The warehouse club operator posted a better-than-expected 6 percent rise in May same-store sales, helped by higher fuel prices.

** JOY GLOBAL INC, Wednesday close $57.85

The mining equipment maker reported a 59 percent drop in quarterly profit as miners cut spending on underground mining equipment in the face of weak coal prices.

** JUST ENERGY GROUP INC, Wednesday close $5.63, +0.36 pct premarket

Natural gas and electricity retailer Just Energy said it would sell its water heater and heating ventilation and air conditioning home services business to Reliance Comfort Ltd Partnership for $505 million.

** MEDTRONIC INC, Wednesday close $63.22, -0.36 pct premarket

** SMITH & NEPHEW Plc, Wednesday close $97.27, -4.67 pct premarket

The medical device maker is looking at a takeover of London-based Smith & Nephew Plc, a move that could help lower its taxes by moving its base overseas, Bloomberg reported on Wednesday.

** BP PLC, Wednesday close $50.07

** Anadarko Petroleum Corp, Wednesday close $102.04

A U.S. appeals court on Wednesday said BP and Anadarko Petroleum must face penalties under federal pollution laws in connection with the 2010 Gulf of Mexico oil spill, which could expose the companies to billions of dollars in potential fines. The 5th U.S. Circuit Court of Appeals affirmed a 2012 decision from U.S. District Judge Carl Barbier in New Orleans that the companies could be held liable for civil penalties under the Clean Water Act.

** VERINT SYSTEMS INC, Wednesday close $46.59, up 7 percent after market

The data analytics software provider reported first-quarter adjusted profit and revenue above estimates, helped by growth in its communications and cyber intelligence unit. The company raised its profit forecast to $3.30-$3.50 per share from $3.20-$3.40 per share for the full year. The company also increased its revenue expectation to $1.11 billion-$1.16 billion from $1.08 billion-$1.13 billion.

At least three brokerages raised their price targets on the stock.

** RCS CAPITAL CORP, Wednesday close $22.6, -6.46 pct premarket

The broker-dealer holding company on Thursday priced a public offering of 24 million shares at $20.25 per share, a 10.4 percent discount to the stock’s Wednesday’s closing price. The gross proceeds will be lower than earlier estimated, the company said. While RCAP is offering 19 million shares, RCAP Holdings LLC, the controlling stockholder of RCAP, is selling 5 million shares.

** REALD INC, Wednesday close $11.7, +3 pct after market

The 3D technology licensor on Wednesday reported a better-than-expected fourth-quarter revenue, helped by an 81 percent increase in license revenue from China.

** TELEFONICA S.A., Wednesday close $16.53, +1.60 pct premarket

Spain-based telecommunications company Telefonica, is expected to make an offer to buy Italian broadcaster Mediaset’s stake in Spanish pay-TV group Digital Plus, according to reports.

** IMAX CORP, Wednesday close $25.51

The Canada-based cinema chain IMAX Corp said it reached an agreement with Comcast Corp unit Universal Studios and Legendary Entertainment to release up to 15 of the studios’ upcoming films in IMAX theaters through 2017. The movies include Fast & Furious 7 and Jurassic Wold.

** NOVAVAX INC , Wednesday close $5.08, -7.48 pct premarket

The biotechnology company said it plans to sell $100 million of its common stock in a public offering to fund clinical development and for general corporate purposes.

** NEWMONT MINING CORP, Wednesday close $22.89

The company said on Thursday it has notified the Indonesian government that it is invoking force majeure at its Batu Hijau copper mine and plans to put most of the mine’s employees on leave with reduced pay.

** BAZAARVOICE INC, Wednesday close $6.225, up 3 percent after market

The company, which provides businesses online and social media tools to interact with customers, said it is selling its PowerReviews unit to Wavetable Labs LLC, the parent company of online reviews platform Viewpoints LLC, for $30 million in cash.

Bazaarvoice agreed to sell the PowerReviews assets after it lost an antitrust case.

Separately, Bazaarvoice reported fourth-quarter revenue that the company said exceeded its expectations and also reported a narrower net loss from continuing operations. The company said it expects revenue to grow faster by the third quarter.

** CIENA CORP, Wednesday close $18.99, +14.74 pct premarket

The network equipment maker reported better-than-expected second-quarter profit and revenue as U.S. telecom carriers spent more to ramp up their networks to manage increasing data traffic on smartphones and tablets.

** HALOZYME THERAPEUTICS INC, Wednesday close $8.08, +15.35 pct premarket

Shares of the company jumped about 11 percent a day after the U.S. Food and Drug Administration lifted a hold on a trial testing an advanced version of the company’s flagship drug delivery technology.

** UTi WORLDWIDE Inc, Wednesday close $10.28, -3.21 pct premarket

The logistics company reported a bigger quarterly loss as revenue fell in its air and ocean freight businesses.

** NAVISTAR INTERNATIONAL CORP, Wednesday close $35.45, +1.41 pct premarket

The truck and engine maker reported a smaller quarterly loss as warranty expenses fell and truck sales improved.

** J.M. SMUCKER CO , Wednesday close $102.83, -0.66 pct premarket

The maker of Folgers Coffee reported a 9 percent drop in quarterly profit, as lower coffee prices hurt sales. (Compiled by Shubhankar Chakravorty in Bangalore; Editing by Sriraj Kalluvila)

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