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U.S. stock index futures fell sharply on Thursday, a day after minutes from the latest Federal Reserve meeting highlighted concerns over the state of the global economy and as oil prices hit their lowest since 2009.
Dow Jones industrial average futures were down 0.74 percent at 17,157, S&P 500 futures were down 0.74 percent at 2,057.5 and Nasdaq 100 futures were down 0.72 percent at 4,471.5.
** NETAPP INC, Wednesday close $29.78, +9.60 pct premarket
The data storage equipment maker reported a better-than-expected quarterly adjusted profit and revenue as its focus on cloud-based storage products started to pay off.
** SEARS HOLDINGS CORP, Wednesday close $29.78, +9.60 pct premarket
The department chain operator reported its first quarterly profit in more than three years thanks to a one-off gain from the sale of stores, but the struggling retailer’s sales continued to decline.
** SIBANYE GOLD LTD, Wednesday close $4.63, +7.13 pct premarket
** GOLD FIELDS LTD, Wednesday close $3.05, +7.21 pct premarket
** ANGLOGOLD ASHANTI, Wednesday close $7.47, +7.10 pct premarket
** DRDGOLD LTD, Wednesday close $1.2, +5.00 pct premarket
** BARRICK GOLD CORP, Wednesday close $7.9, +2.15 pct premarket
** YAMANA GOLD, Wednesday close $2.29, +2.62 pct premarket
U.S.-listed sharesof gold miners rose as gold hit its highest in nearly five weeks after meeting minutes from the U.S. Federal Reserve suggested policymakers were in no hurry to raise interest rates.
** EXXON MOBIL CORP, Wednesday close $76.23, -0.89 pct premarket
** CHEVRON CORP, Wednesday close $80.91, -1.16 pct premarket
** VALERO ENERGY CORP, Wednesday close $67.87, -1.62 pct premarket
** HALLIBURTON CO, Wednesday close $39.3, -0.76 pct premarket
** SCHLUMBERGER NV, Wednesday close $80.67, -1.26 pct premarket
Stocks of oil producers and service providers fell as U.S. crude oil prices fell to almost $40 a barrel, their lowest since 2009, as supplies rose in North America and the Middle East, filling stockpiles to record levels.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Wednesday close $244.91, +1.26 pct premarket
The Canadian drugmaker is nearing a deal to pay $1 billion for Sprout Pharmaceuticals, which just won approval to sell a “female Viagra” drug, the Wall Street Journal reported.
** FRESH MARKET INC, Wednesday close $27.255, -1.85 pct premarket
Bank of America Merrill Lynch cut its rating on the grocery store operator’s stock to “underperform” and its price target to $25.
** 58.COM INC, Wednesday close $46, -3.78 pct premarket
The Chinese online classifieds provider posted a second-quarter loss compared with a profit a year earlier as operating expenses soared nearly 244 percent. The company’s net cash provided by operating activities was fell to $7.9 million from $22.2 million a year ago. Total revenues increased 147.1 percent, but gross margin fell to 93.7 percent from 94.7 percent.
** APPLIED GENETIC TECHNOLOGIES CORP, Wednesday close $15.51, +6.38 pct premarket
** BIOGEN INC, Wednesday close $315.82, -0.58 pct premarket
Drug developer Applied Genetic said Biogen completed a $30 million equity investment in the company as part of a deal to develop gene-based therapies for a range of eye diseases for which it will be paid $124 million upfront.
** L BRANDS, Wednesday close $81.18, -3.30 pct premarket
The apparel retailer posted second-quarter sales that fell shy of analysts’ estimates and it forecast third-quarter profit below estimates. The company also raised its full-year profit forecast range, but the top end just met market expectations.
** MICRON TECHNOLOGY INC, Wednesday close $15.9, -2.52 pct premarket
Baird cut its rating on the chipmaker’s stock to “neutral” and more than halved its price target to $15 from $36.
** KEYSIGHT TECHNOLOGIES INC,Wednesday close $29.54
The electronic measurement instrument maker posted better-than-expected third-quarter profit, helped by lower costs. The company’s 2015 revenue forecast topped analysts estimates.
** SOLERA HOLDINGS INC, Wednesday close $48.65
Solera Holdings, which provides technology services to insurance companies, is in advanced talks to sell itself to private equity firms, according to a person familiar with the matter. (Compiled by Sruthi Shankar in Bengaluru; Editing by Savio D’Souza)