November 28, 2012 / 12:24 PM / in 5 years

MARKET PULSE-Green Mountain Coffee, Express, Analog Devices, Steel Dynamics

Nov 28 (Reuters) - Some U.S. stocks to watch on Wednesday:

(For more market insights, including options activity, click on STXNEWS/US; for the day ahead newsletter,


U.S. stock index futures pointed to a flat to lower open on Wednesday, with futures for the S&P 500 down 0.26 percent, Dow Jones futures down 0.23 percent and Nasdaq 100 futures down 0.24 percent at 12.21 GMT.

** GREEN MOUNTAIN COFFEE ROASTERS INC, Tuesday close $28.95, up 22 pct aftermarket

The maker of the Keurig brewing system forecast quarterly and full-year earnings well ahead of analysts’ expectations, helped by an expanded lineup of single-serve coffee makers and drinks.

** ANALOG DEVICES INC, Tuesday close $40.4, down 3 pct aftermarket

The microchip maker reported lower-than-expected fourth-quarter revenue due to reduced demand, and forecast current-quarter results below Wall Street’s estimates.

The company said it began reducing production levels in the fourth quarter and will reduce them further in the first quarter of fiscal 2013 to keep inventory at appropriate levels.

** STEEL DYNAMICS INC, Tuesday close $12.53, up 4 pct aftermarket

The steel manufacturer on Tuesday said it will invest about $27 million to install a heat-treating system capable of producing up to 350,000 tons of steel at its structural and rail division facility in Indiana, to cater to the railroad industry.

** PORTLAND GENERAL ELECTRIC CO, Tuesday close $26.21, up 10 pct aftermarket

The electric utility said on Monday that its request for proposals for new renewable energy sources resulted in bids for 39 separate projects that combined could produce up to 4,500 megawatts of electricity.

** MICROSOFT CORP, Tuesday close $27.8

The software maker’s Chairman Bill Gates, CEO Steve Ballmer and CFO Peter Klein are expected to face an hour or so of questioning from shareholders at the company’s annual meeting after another lackluster year of trading in Microsoft’s shares.

** AMAZON.COM INC, Tuesday close $243.4

The world’s largest Internet retailer is holding its first big conference for customers of its pioneering cloud computing business, Amazon Web Services. Amazon CEO Jeff Bezos will be speaking and AWS executives, led by Andy Jassy, will also be presenting at the conference.

* ** EXPRESS INC, Tuesday close $12.99, up 20 pct premarket

** ANN INC, Tuesday close $32.43

Apparel retailer Express Inc reported a drop in third-quarter profit as promotions failed to resonate with customers.

Ann Inc, the parent of Ann Taylor and LOFT brands, is also expected to report results on Wednesday.


** JA SOLAR HOLDINGS CO, Tuesday close $0.65

Solar panel maker Yingli, one of China’s largest solar equipment makers, reported its fifth straight quarterly loss as panel prices remain weak. JA Solar reported a sixth straight quarterly loss also due to the sharp fall in panel prices.

** HEWLETT PACKARD CO, Tuesday close $12.36

The world’s largest computing company by revenue rebuffed a request by former Autonomy Chief Executive Mike Lynch to detail accusations of accounting fraud leveled against the company and its former executives, and challenged Lynch to submit to questions under penalty of perjury.

** APPLE INC, Tuesday close $584.78

** GOOGLE INC, Tuesday close $670.71

Early success for the iPhone 5 smartphone has helped Apple overtake Google’s Android software in the United States, research firm Kantar WorldPanel said on Tuesday.

** UNITEDHEALTH GROUP INC, Tuesday close $52.59

The country’s largest private insurer said on Tuesday it would add 3.5 million to 4 million new members next year, indicating slower growth than expected from 2012 because of a decline in fully insured commercial customers.

** COSTCO WHOLESALE CORP, Tuesday close $96.51

The U.S retailer will pay a special dividend of $7, worth a total $3 billion to investors, it said when posting monthly same-store sales that beat forecasts. (Compiled by Maria Ajit Thomas in Bangalore)

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