July 24, 2015 / 12:49 PM / in 3 years

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

(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 Friday after three straight days of losses as Amazon, Visa and Starbucks beat expectations. Dow Jones industrial average e-mini futures were down 0.04 percent at 17,669, S&P 500 futures were up 0.01 percent at 2,098.75 and Nasdaq 100 futures were up 0.15 percent at 4,627.

** AMAZON.COM INC, Thursday close $482.18, +21.04 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.

** STANCORP FINANCIAL GROUP INC, Thursday close $76.69, +48.39 pct premarket

Japan’s Meiji Yasuda Life Insurance Co said it has agreed to buy the U.S.-based company for $5 billion, the latest multi-billion deal by acquisitive Japanese insurers.

** VISA INC, Thursday close $71.75, +5.99 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, +5.29 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, -38.76 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, +11.24 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, +8.68 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, -70.61 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.

** BIOGEN Inc, Thrusday close $385.05, -12.48 pct premarket

Sales of Biogen’s roster of multiple sclerosis drugs failed to meet analysts’ expectation, prompting the company to slash its full-year profit and sales forecast.

** ABENGOA, Thursday close $14, -13.14 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.

** SANOFI SA, Thursday close $53.37, +1.39 pct premarket

** REGENERON PHARMACEUTICALS, Thursday close $556.61, -0.55 pct premarket

A new type of cholesterol drug from the drugmakers won a green light from European regulators on Friday, two months behind a rival product from Amgen.

** ALCATEL-LUCENT, Thursday close $3.56, +3.65 pct premarket

** NOKIA, Thursday close $6.72, +2.38 pct premarket

The European Commission said it had approved Finnish telecom equipment group Nokia’s planned purchase of Alcatel-Lucent because the two were not close competitors and would still face strong global competition.

** ABBVIE INC, Thursday close $70.52, -3.12 pct premarket

The drugmaker reported lower-than-expected quarterly revenue for the first time in six quarters.

** AMERICAN AIRLINES GROUP INC, Thursday close $42.61, +2.51 pct premarket

The world’s largest passenger carrier reported a second-quarter profit that topped analysts’ expectations and declared a stock buyback and dividend as cheap fuel continued to benefit its bottom line.

** SPIRIT AIRLINES INC, Thursday close $61.37, +0.99 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.

** AT&T INC, Thursday close $33.93, +2.30 pct premarket

The company’s proposed $48.5 billion purchase of DirecTV 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.

** ENCANA CORP, Thursday close $8.57

Canada’s largest natural gas producer recorded another billion-dollar impairment charge as oil and gas prices remain weak, pushing it to a quarterly loss.

** XEROX CORP, Thursday close $10.81, -0.74 pct premarket

The company’s barely eked out a profit in the second quarter after the printer and copier maker took a charge related to a revamp of its business that provides administrative and care-management services to government healthcare programs.

** ANTHEM INC, Thursday close $155.21, +0.09 pct premarket

** CIGNA CORP, Thursday close $154.36, -0.54 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.

** ROCKWELL COLLINS INC, Thursday close $88.41

The maker of avionics and aircraft systems reported a 12.7 percent rise in quarterly profit as surging aircraft production boosted demand for the company’s aviation electronic systems.

** BLACKBERRY LTD, Thursday close $7.61, +0.62 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. (Compiled by Rosmi Shaji in Bengaluru; Edited by Don Sebastian)

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