(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) Wall Street was set to open higher on Wednesday, helped by strong Chinese trade data and JPMorgan's higher-than-expected quarterly profit. Dow Jones industrial average futures were up 0.49 percent at 17,724, S&P 500 futures were up 0.49 percent at 2,065.75 and Nasdaq 100 futures were up 0.74 percent at 4,523.25.
** JPMORGAN CHASE & CO, Tuesday close $59.28, +2.56 pct premarket
** BANK OF AMERICA CORP, Tuesday close $13.27, +2.03 pct premarket
** GOLDMAN SACHS GROUP INC, Tuesday close $154.31, +1.60 pct premarket
** WELLS FARGO & CO, Tuesday close $47.77, +1.63 pct premarket
** MORGAN STANLEY, Tuesday close $24.58, +1.83 pct premarket
** CITIGROUP INC, Tuesday close $41.9, +2.03 pct premarket
JPMorgan, the biggest U.S. bank by assets, reported first-quarter revenue and profit that topped analysts’ estimates. Its results boosted shares of other banks in premarket trading.
** PEABODY ENERGY CORP, Tuesday close $2.07, -71.98 pct premarket
The world’s largest privately owned coal producer filed for U.S. bankruptcy protection in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fueled expansion into Australia.
** FACEBOOK INC, Tuesday close 110.61, +1.39 pct premarket
The tech giant said it has opened up its Messenger app to developers to create “chatbots,” hoping that by simulating one-on-one conversations between users and companies it will expand its reach in customer service and enterprise transactions.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Tuesday close $31.99, -2.63 pct premarket
The Canadian drugmaker said it received a notice of default from its bondholders as a result of a delay in filing its annual report.
** OCULUS INNOVATIVE SCIENCES INC, Tuesday close $0.93, +16.13 pct premarket
European regulators cleared the company’s drug, Sinudox, which treats moistening of cuts, abrasions and lacerations in the nasal cavity.
** VERIZON COMMUNICATIONS INC, Tuesday close $51.95, +0.10 pct premarket
The No.1 U.S. wireless carrier said its wireline employees launched a strike after unions and management failed to reach an agreement on a new labor contract.
** MCCORMICK FOODS, Tuesday close $98.9
The U.S. spice maker abandoned its pursuit of British food company Premier Foods, refusing to further improve its 1.5 billion pounds ($2.1 billion) takeover proposal in negotiations with Premier. (Reporting by Vishaka George in Bengaluru; Editing by Anil D‘Silva)