(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 indexes were set for a higher open on Thursday, a day after Federal Reserve Chair Janet Yellen indicated that an interest rate hike in December was a "live possibility".
Dow Jones industrial average futures were up 0.19 percent at 17,820, S&P 500 futures were up 0.20 percent at 2,099 and Nasdaq 100 futures were up 0.19 percent at 4,718.5.
** FACEBOOK INC, Wednesday close $103.94, +4.95 pct premarket
Facebook is set to open at a record high after it posted surprisingly strong quarterly profit and revenue growth as the world’s largest social network grew even larger, with a spike in mobile users and advertising.
Breakingviews-Facebook a master at hooking users on mobile habit
Graphic on Facebook earnings: reut.rs/1Sr8aeN
** EXPEDIA INC, Wednesday close $134.17, +2.93 pct premarket
** HOMEAWAY INC, Wednesday close $32.04, +23.06 pct premarket
Expedia, the world’s largest online travel agency by bookings, said it agreed to buy vacation rental site HomeAway for about $3.9 billion in cash and stock, in a move that could ramp up competition with apartment-sharing startup Airbnb.
Breakingviews-Expedia finds back door to Airbnb’s market
** QUALCOMM INC, Wednesday close $60.26, -5.71 pct premarket
The chipmaker forecast first-quarter profit way below analysts’ expectations as it struggles against fierce competition from Chinese and Taiwanese rivals, and faces delays in closing new licensing agreements in China.
** GODADDY INC, Wednesday close $27.43, +9.33 pct premarket
The web-hosting company reported a narrower-than-expected quarterly loss, helped by a jump in revenue in markets outside the United States, and said it expected to be profitable in the fourth quarter.
** FIREEYE INC, Wednesday close $29.12, -18.92 pct premarket
The company, which maker of cloud-based software to thwart cyber attacks, cut its full-year revenue forecast as a clamp down by United States and China on cyber spying led to lower demand. It also reported lower-than-expected third-quarter revenue.
A slew of analysts lowered their price targets on the stock and FBR and Wells Fargo downgraded the stock.
** GENETIC TECHNOLOGIES LTD, Wednesday close $2.91, +21.99 pct premarket
The Australian molecular diagnostics company said it was "not aware of any information concerning it that has not been announced, which if known, could be an explanation of recent trading in the company's securities". (bit.ly/20wpx2V)
The company’s stock had risen for the past three days, including closing up nearly 56 percent on Wednesday.
** LANNETT CO INC, Wednesday close $46.16, -16.40 pct premarket
The drugmaker reported a 5 percent decline in first-quarter profit, hurt by a 54 percent rise in operating costs.
** MARATHON OIL CORP, Wednesday close $19.4, -0.79 pct premarket
The oil company reported a quarterly loss that topped Wall Street expectations, as low commodity prices prompted the company with operations in Texas and Equatorial Guinea to write down the value of assets.
** WHOLE FOODS MARKET INC, Wednesday close $30.76, -6.96 pct premarket
The natural and organic grocery pioneer reported an unexpected fall in same-store sales in the fourth quarter, as customer visits declined. The retailer said this quarter’s same-store sales through Nov. 1 were down 2.1 percent. About 20 of the 32 brokerages covering the stock lowered their price target and one cut its rating.
Whole Foods’ options activity signal 10 percent post-earnings move.
** SELECT COMFORT CORP, Wednesday close $21.44, +11.94 pct premarket
The mattress maker posted a better-than-expected profit for the third quarter, helped by a 16 percent jump in net sales. Its sales also topped analysts’ estimates and the company reaffirms its profit forecasts for 2015.
** CELGENE CORP, Wednesday close $127.17, -2.89 pct premarket
The drugmaker reported a quarterly profit that beat estimates by its smallest margin in nearly two years and also posted its slowest revenue growth in five quarters.
** NOODLES & CO, Wednesday close $13.5, -14.07 pct premarket
The fast-casual restaurant chain cut its 2015 profit, revenue and comparable sales growth forecast after reporting lower-than-expected sales and profit for the third-quarter. The company said removing artificial ingredients from core menu items, using antibiotic- and hormone-free meat and poultry, and ongoing labor pressures hurt profit.
** UNILIFE CORP, Wednesday close $0.885, +7.34 pct premarket
The medical device maker said it signed a commercial supply agreement with MedImmune, the biologics development arm of AstraZeneca. The company expects to begin generating revenue from sale of wearable injectors in the current quarter.
** PENN WEST PETROLEUM LTD, Wednesday close $1.48, +0.68 pct premarket
The Canadian oil producer said it expects to create “additional headroom” in a key debt covenant in the current quarter by using proceeds from asset sales to pay down debt. The ratio between its senior debt and EBITDA was 4.3 times, relative to a covenant requirement of 5 times or lower. Penn West said that some production volumes would be impacted through the first half of 2016 due to issues accessing pipelines.
** INOVIO PHARMACEUTICALS INC, Wednesday close $6.58, +6.38 pct premarket
The drug developer said interim data from an ongoing trial showed that its experimental drug benefited patients with head and neck cancer associated with certain types of human papillomavirus (HPV).
** RELYPSA INC, Wednesday close $18.89, -2.44 pct premarket
The drugmaker reported a bigger-than-expected third-quarter loss due to higher R&D expenses. Relypsa also said it filed for a mixed shelf offering of up to $300 million.
** ORACLE CORP, Wednesday close $40.48, -0.77 pct premarket
FBR downgraded to “market perform” from “outperform”, citing growth headwinds and lack of M&A. “The lack of consistent results, an empty M&A strategy, mixed checks in the November quarter so far, and major secular challenges from the likes of Amazon Web Services are hard to ignore, and thus make it tough to be bullish on the name at current levels,” FBR said.
** FREEPORT-MCMORAN INC, Wednesday close $12.02, -1.41 pct premarket
Indonesia’s mines minister postponed the government’s plan to amend rules on mining contracts, which would have allowed the U.S. miner to apply earlier for an extension of its contract at the Grasberg copper and gold mine, the Jakarta Post reported.
** ASTRAZENECA, Wednesday close $32.13, +2.05 pct premarket
The British drugmaker lifted its full-year forecast for revenue and earnings on Thursday as Chief Executive Pascal Soriot said the group was showing resilience, despite eroding sales of some of its top-selling medicines.
Breakingviews-AstraZeneca goes two steps forward, one step back
** CELLCOM ISRAEL LTD, Wednesday close $7.52, +0.40 pct premarket
Israel’s largest mobile phone provider agreed to buy rival Golan Telecom for 1.17 billion shekels ($300.9 million), as it seeks to add a low-cost brand to its portfolio.
** TIME INC, Wednesday close $19.03
The publisher of Sports Illustrated, People and Time magazine, reported better-than-expected quarterly profit and revenue as cost cuts boosted margins and digital advertising revenue increased. The company also announced a share buyback of up to $300 million.
** INTERSECT ENT INC, Wednesday close $21.69, -25.08 pct premarket
The medical equipment maker reported a bigger-than-expected loss in the third quarter as operating expenses jumped. The company’s revenue also was lower-than-expected.
JP Morgan removed the stock from its analyst focus list.
** HOLLYFRONTIER CORP, Wednesday close $50.82, +2.22 pct premarket
The U.S. refiner reported a better-than-expected quarterly profit as lower crude costs boosted refining margins. The company’s refinery gross margin per barrel rose 27 percent, helped by a 35 percent slump in operating costs.
** KATE SPADE & CO, Wednesday close $19.74, +4.31 pct premarket
The handbag and accessories maker reported a near 11 percent rise in quarterly sales and better-than-expected same-store sales, helped by higher demand in North America. Sales in North America, its biggest market, jumped 18.5 percent to $228.5 million.
** DUKE ENERGY CORP, Wednesday close $71.93, -0.18 pct premarket
The largest U.S. power company by generation capacity reported a 5.5 percent rise in quarterly profit from continuing operations, driven by warmer-than-expected weather and lower fuel costs. The company also lowered the top end of its 2015 adjusted earnings estimate.
** COTY INC, Wednesday close $29.95, -2.00 pct premarket
The perfume maker reported lower-than-expected quarterly revenue, hurt by weak demand for perfumes such as Calvin Klein and skin and body care products such as Playboy and philosophy.
** MOLSON COORS BREWING CO, Wednesday close $87.42, -0.01 pct premarket
The brewer reported a better-than-expected quarterly profit, helped by strong demand for its higher-margin brands, which include Blue Moon Belgian White and Leinenkugel’s Summer Shandy, in the United States and Europe. (Compiled by Ramkumar Iyer in Bengaluru; Editing by Savio D’Souza)