January 12, 2016 / 1:31 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Lululemon, Apple, Burlington Stores

(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 Tuesday as crude oil prices edged off 12-year lows. Dow Jones industrial average futures were up 1.01 percent at 16,451, S&P 500 futures were up 1.06 percent at 1,934.5 and Nasdaq 100 futures were up 1.18 percent at 4,323.25.

** LULULEMON ATHLETICA INC, Monday close $54.73, +9.17 pct premarket

The Canadian yogawear retailer raised its fourth-quarter revenue forecast, a month after it trimmed its full-year revenue expectations, as holiday season sales exceeded its estimates.

** TIME WARNER INC, Monday close $69.61, +0.27 pct premarket

Billionaire activist investor Carl Icahn is building an equity stake in the owner of cable channels HBO, TNT, TBS and Cartoon Network, people familiar with the matter said on Monday.

** STARBUCKS CORP, Monday close $57.82, +1.61 pct premarket

The world’s largest coffee chain, said on Tuesday it aims to open 500 stores in China this year, shrugging off a slowdown in the world’s second-largest economy that has hit global retailers.

** APPLE INC, Monday close $98.53, +1.80 pct premarket

The iPhone maker’s stock tops $100 again as BofA Merrill raises to “buy”.


United Airlines, part of United Continental, said on Monday its passenger unit revenue may have fallen more than expected in the fourth quarter just ended, after the November attacks in Paris shook traveler demand and sharply lower oil prices hurt sales to the Houston hub carrier’s energy clients.

** IHS INC, Monday close $109.27, -0.25 pct premarket

The business research provider reported quarterly revenue below analysts’ estimates on Tuesday, hurt by lower revenue in the resources market as clients slashed spending in response to plunging oil prices.

** ANTHEM INC, Monday close $128.36

The health insurer said on Tuesday it expected an adjusted net income of more than $10.80 per share for 2016 compared with $10.16 estimated for 2015.

** GLAXOSMITHKLINE, Monday close $39.29, +0.38 pct premarket

** MYLAN, Monday close $49.5, +0.79 pct premarket

The arrival of cheap generic versions of GlaxoSmithKline’s top-selling lung drug Advair has moved a step closer with confirmation from Mylan that it has submitted a generic version for approval.

** SAP, Monday close $78.56, +3.13 pct premarket

Europe’s largest software company on Tuesday met or slightly beat its 2015 revenue and profit targets, driven by strong year-end software licence renewals and customers moving to newer Internet-based software.

** GENERAL MOTORS CO, Monday close $30.25, +1.49 pct premarket

** FIAT CHRYSLER AUTOMOBILES NV, Monday close $8.11, +1.73 pct premarket

** FORD MOTOR CO, Monday close $12.77, +1.33 pct premarket

The U.S. government and a group of leading global automakers are set to announce a ground-breaking voluntary agreement at the Detroit auto show on Friday aimed at dramatically improving the industry’s safety, according to company officials.

** ELDORADO GOLD CORP, Monday close $3.07, -6.19 pct premarket

The Canadian miner expects the suspension of much of its mining activities in Greece after confrontation with the country’s leftist-led government will cost more than 600 jobs, its chief executive said on Tuesday.

** BURLINGTON STORES INC, Monday close $42.76, +9.92 pct premarket

The off-price retailer forecast “approximately flat” comparable sales for the fourth quarter even in a tough retail environment.

** SKULLCANDY INC, Monday close $4.55

The audio products maker cut its fourth-quarter sales forecast. (Compiled by Abhirup Roy in Bengaluru; Editing by Maju Samuel)

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