(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 Wednesday as investors awaited Federal Reserve Chair Janet Yellen's testimony before a Congressional Committee.
Dow Jones industrial average futures were up 0.09 percent at 18,155, S&P 500 futures were up 0.05 percent at 2,153.75 and Nasdaq 100 futures were up 0.10 percent at 4,865.5.
** NIKE INC, Tuesday close $55.34, -2.15 pct premarket
At least six brokerages cut their price targets on the sportswear and footwear maker’s stock as future orders missed analysts’ estimates for the third time in a row.
** TEMPUR SEALY INTERNATIONAL INC, Tuesday close $74.45, -21.96 pct premarket
The mattress maker and retailer said it expected a 1-3 percent fall in its full-year revenue, compared with a year earlier, and cut its adjusted EBITDA forecast.
** ORIGIN AGRITECH LTD, Tuesday close $2.33, +36.48 pct premarket
The agricultural biotechnology company said on Tuesday that it would sell its China-based commercial corn seed production and distribution unit for about $60 mln to Beijing Shihui Agricultural Development Co Ltd.
** SAREPTA THERAPEUTICS INC, Tuesday close $59.1, +4.23 pct premarket
RBC raised its price target on the drugmaker’s stock to $108 from $83.
** GREAT PLAINS ENERGY INC, Tuesday close $27.16, -0.59 pct premarket
The company’s stock offering of 52.6 million shares was priced at $26.45 per share.
** VERSARTIS INC, Tuesday close $13.33, -6.23 pct premarket
The drug developer announced proposed offering of common Stock on Tuesday.
** BLACKBERRY LTD, Tuesday close $7.88, +5.33 pct premarket
The company will outsource manufacturing of its once-core hardware, including its flagship smartphone, the Canadian company said on Wednesday as it reported another loss and sharp drop in revenue.
** AT&T INC, Tuesday close $41.46, -0.87 pct premarket
UBS cut the rating on the wireless carrier’s stock to “neutral”. (Compiled by Aishwarya Venugopal in Bengaluru; Editing by Anil D‘Silva)