November 28, 2012 / 1:29 PM / in 5 years

MARKET PULSE-Green Mountain Coffee, Express, Research in Motion

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

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


U.S. stock index futures fell on Wednesday as investors grew more concerned about the lack of progress in U.S. budget talks to avoid looming spending cuts and tax hikes, setting the S&P 500 up for a third consecutive day of decline this week. S&P 500 futures were down 0.36 percent, Dow Jones industrial average futures were down 0.25 percent, and Nasdaq 100 futures were down 0.29 percent.

** GREEN MOUNTAIN COFFEE ROASTERS INC, Tuesday close $28.95, up 24 percent premarket

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.

** EXPRESS INC, Tuesday close $12.99, up 17 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.

** AMERICAN EAGLE OUTFITTERS INC, Tuesday close $19.39, up 7 pct premarket

The teen clothing retailer’s third-quarter profit rose, helped by a 10 percent jump in same-store sales.

** RESEARCH IN MOTION LTD, Tuesday close $10.72, down 3 pct premarket

** NOKIA CORP ADR, Tuesday close $3.17, up 1 pct premarket

Research In Motion has lost a contract dispute over the use of Nokia patents in a case which could halt sales of its BlackBerry phones if it does not reach a deal to pay royalties to the Finnish company.

** COSTCO WHOLESALE CORP, Tuesday close $96.51, up 4 pct premarket

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.

** GUIDEWIRE SOFTWARE INC, Tuesday close $29.46, down 10 pct aftermarket

The company, which provides software to property and casualty insurers, reported better-than-expected first-quarter results but forecast current-quarter revenue below analyst’s estimates, in a conference call on Tuesday.

** 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.

** 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.

** 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.

** 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.


** JA SOLAR HOLDINGS CO, Tuesday close $0.65

The Chinese solar panel makers joined rivals in saying that they would turn to their domestic market to drive shipment growth in the face of steep U.S. import duties and a slump 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. (Compiled by Maria Ajit Thomas in Bangalore)

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