July 24, 2015 / 11:58 AM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Amazon, Visa, Starbucks, Pandora, Juniper

(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 higher on Friday after three straight days of losses as Amazon, Visa and Starbucks beat expectations. Dow Jones industrial average e-mini futures were up 0.06 percent at 17,686, S&P 500 futures were up 0.06 percent at 2,099.75 and Nasdaq 100 futures were up 0.12 percent at 4,625.75.

** AMAZON.COM INC, Thursday close $482.18, +19.72 pct premarket

The online retailer posted an unexpected quarterly profit, pushing its market value above that of Wal-Mart Stores Inc , the world’s largest retailer.

** VISA INC, Thursday close $71.75, +6.27 pct premarket

The credit and debit card issuer said it was in talks to reunite with former subsidiary Visa Europe Ltd in a deal that would give the global company more scale to compete with arch-rival MasterCard Inc.

** STARBUCKS CORP, Thursday close $56.56, +3.87 pct premarket

The company reported higher quarterly profit on Thursday as new food, drinks and technology helped the world’s biggest coffee chain attract more customers.

** TRUECAR INC, Thursday close $10.68, -37.08 pct premarket

The online car-shopping service provider cuts full-year revenue forecast to $252 mln-$258 mln from $280 mln-$290 mln, citing lower quarterly unit volume and lower demand across all its selling channels.

** PANDORA MEDIA INC, Thursday close $13.88, +10.59 pct premarket

The online music streaming company raised its full-year forecast and reported better-than-expected second quarter revenue as it signed up more subscribers and increased its advertising revenue.

** JUNIPER NETWORKS INC, Thursday close $26.49, +9.48 pct premarket

The network gear maker said second-quarter adjusted profit was above analysts’ expectations because of growth in its services business.

** SUNESIS PHARMACEUTICALS INC, Thursday close $3.47, -63.98 pct premarket

The company said the U.S. Food and Drug Administration called for more clinical evidence before considering approval for its cancer drug, sending the company’s shares down 60 percent in after-market trading.

** BLACKBERRY LTD, Thursday close $7.61, +1.18 pct premarket

The Canadian phone maker on Thursday showcased a suite of security products that safeguard everything from medical devices to Hollywood movie scripts, though its CEO acknowledged that his effort to transform the company remains a work in progress.

** ABENGOA, Thursday close $9.24, +0.65 pct premarket

The Spanish energy company said on Thursday it would act to prevent speculative trading on its debt and reducing the cost of the debt was a priority after a day of losses for its bonds, credit default swaps and stock.

** SPIRIT AIRLINES INC, Thursday close $61.37, +0.62 pct premarket

The low-cost U.S. carrier reported a better-than-expected rise in quarterly profit due to an increase in the number of flights and routes it operates.

** ENCANA CORP, Thursday close $8.57

Canada’s largest natural gas producer posted a second-quarter loss, compared with a year-ago profit, hurt by an impairment charge of about $1.3 billion.

** XEROX CORP, Thursday close $10.81, -2.41 pct premarket

The company’s second quarter profit was nearly wiped out by a restructuring charge related to a revamp of its government healthcare business.

** ANTHEM INC, Thursday close $155.21, +0.19 pct premarket

** CIGNA CORP, Thursday close $154.36, -0.53 pct premarket

Health Insurer Anthem said on Friday it would buy Cigna in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The deal- the biggest ever in the health insurance industry. Anthem said it will pay $103.40 in cash and 0.5152 of its shares for every Cigna share held.

** AT&T INC, Thursday close $33.93, +1.97 pct premarket

The company’s proposed $48.5 billion purchase of DirecTV DTV.O has cleared its final regulatory hurdle as the U.S. Federal Communications Commission voted on Thursday to approve the merger, according to people familiar with the votes.

** STANCORP FINANCIAL GROUP INC, Thursday close $76.69

Japan’s Meiji Yasuda Life Insurance Co said on Friday it has agreed to buy the U.S.-based company for $5 billion, the latest multi-billion deal by acquisitive Japanese insurers. (Compiled by Rosmi Shaji in Bengaluru; Edited by Don Sebastian)

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