(Corrects Travelport item to show company is a booking and transaction platform provider for the travel industry, not an airline ticketing company. Also corrects to say Travelport's stake in Orbitz is less than 1 percent, not 37 percent.) (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 were little changed on Thursday, after the S&P 500 notched its biggest gain in a month, ahead of data on the labor market and durable goods.
Dow Jones industrial average futures were down 0.08 percent at 17,125, S&P 500 futures were down 0.15 percent at 1,988 and Nasdaq 100 futures were down 0.17 percent at 4,081.
** LIPOSCIENCE INC, Wednesday close $3.19, +62.38 pct premarket
** LABCORP, Wednesday close $103.88
Diagnostic test maker LabCorp said it would to buy the medical device maker for $85.3 million, or $5.25 a share, in cash.
** RANDGOLD RESOURCES, Wednesday close $69.97, -1.67 pct premarket
** HARMONY GOLD, Wednesday close $2.33, -2.15 pct premarket
** GOLD FIELDS, Wednesday close $4.17, -3.60 pct premarket
** ANGLOGOLD ASHANTI, Wednesday close $12.87, -3.03 pct premarket
** GOLDCORP, Wednesday close $23.53, -0.51 pct premarket
A host of U.S.-listed gold stocks fell as gold prices fell to a nine-month low on Thursday in the face of a rising U.S. dollar.
Spot gold hit a low of $1,206.85 an ounce, its weakest since Jan. 2. If the price falls below $1,200, the industry could reach a tipping point that would force producers to cut output or shut mines, analysts say.
** CYBERARK SOFTWARE LTD, Wednesday close $29.93, +11.93 pct premarket
The cyber security software maker’s shares rose premarket, adding to the 87 percent gains it enjoyed on Wednesday in its trading debut. The stock, not at $33.92, has doubled from its IPO price of $16.
Israeli firms have attracted growing foreign investment over the past two years to develop tools to detect and prevent cyberattacks, challenging the traditional model of perimeter defences such as firewalls.
** MANNKIND CORP, Wednesday close $6.08, +2.80 pct premarket
The drugmaker said it closed its licensing deal with France’s Sanofi SA on Thursday and that it would receive $150 million as upfront payment within 10 days. Sanofi had bought rights to develop and sell Mannkind’s already-approved inhaled insulin therapy Afrezza in August.
** JABIL CIRCUIT INC, Wednesday close $20.85, +4.32 pct premarket
The contract electronics maker forecast first-quarter net revenue that was higher than Wall Street’s estimates. The company also posted fourth-quarter revenue that fell less than expected and reported a narrower loss for the period.
** HB FULLER CO, Wednesday close $43.98, -14.73 pct premarket
The chemical company’s quarterly profit slumped to $4 million from $27.2 million a year earlier due to higher costs and project delays. The company’s adjusted profit forecast for the current quarter was short of Wall Street’s estimates.
** SHIRE PLC, Wednesday close $256.09, +0.20 pct premarket
** ABBVIE INC, Wednesday close $59.05
Shire, which is in the process of being acquired by AbbVie, has agreed to pay $56.5 million to resolve allegations of making false claims in the marketing of its ADHD drug Adderall XR and other medicines.
** BHP BILLITON, Wednesday close $62.2, -1.69 pct premarket
** VALE, Wednesday close $11.59, -0.95 pct premarket
** RIO TINTO, Wednesday close $51.76, -1.39 pct premarket
** SESA STERLITE LTD, Wednesday close $18.49, -2.87 pct premarket
BHP played down the chance of a recovery in iron ore prices, saying that recent declines reflected the reality of demand and supply in the market for the steel-making ingredient.
China’s steel consumption dropped this year for the first time since at least 2000 due to slower economic growth, leading to a surplus of iron ore in the country and a more than 40 percent plunge in prices of the steelmaking raw material.
** APPLE INC, Wednesday close $101.75, -0.78 pct premarket
Apple released a workaround for iPhone 6 and iPhone 6 Plus users who reported a drop in cellular service and the inability to use the fingerprint reading Touch ID after downloading the iOS 8.0.1 mobile operating system.
Two new Apple products hit speed bumps on Wednesday: iPhone 6 Plus buyers discovered their phones can bend when placed in back pockets, and the company pulled its latest mobile operating system after reports of dropped cellular service.
** ORBITZ WORLDWIDE INC, Wednesday close $7.96
The IPO of the company, a booking and transaction platform provider for the travel industry, was priced at $16 per share, the top end of the expected range, valuing the Blackstone Group LP -backed company at $1.9 billion. Shares of the company, which has a stake of less than 1 percent in Orbitz, are expected to start trading on the NYSE on Thursday.
** NOBLE ENERGY INC, Wednesday close $70.42
** CONSOL ENERGY INC, Wednesday close $37.03
The IPO of Cone Midstream, a Marcellus shale-focused MLP formed by Consol and Noble, was priced $22 per unit, higher than the expected price range of $19 to $21, underscoring demand for midstream MLPs, which provide a cushion as sliding crude prices take a bite out of offshore drillers.
The units of Cone, in which Consol and Noble will each own a 34.3 percent limited partner interest after the IPO, units are scheduled to begin trading on the NYSE on Thursday. (Compiled by Shailaja Sharma in Bangalore; Editing by Savio D‘Souza)