November 28, 2012 / 2:24 PM / in 5 years

MARKET PULSE-Green Mountain Coffee, Knight Capital, Express, Fresh Market

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 as investors worried about comments coming from Washington that “little progress” has been made in talks to avoid spending cuts and tax hikes. S&P 500 futures were down 0.5 percent, Dow Jones industrial average futures were down 0.3 percent and Nasdaq 100 futures were down 0.33 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.

** KNIGHT CAPITAL GROUP, Tuesday close $2.97, up 20 pct premarket

Getco Holding offered to buy the securities firm for $3.50 per share, and said it has lined up $950 million of fully-committed financing for the deal.

** EXPRESS INC, Tuesday close $12.99, up 17 pct premarket

Apparel retailer Express Inc reported a drop in third-quarter profit but forecast strong earnings for the current quarter as a tweak to its promotional strategy led to strong Black Friday sales.

** THE FRESH MARKET INC, Tuesday close $60.24, down 16 pct premarket

The specialty grocer reported a lower-than-expected quarterly profit and forecast full-year earnings largely below market expectations.

The company also said late on Tuesday that its Chief Financial Officer Lisa Klinger will resign, effective Dec. 7.

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

Teen clothing retailer reported a higher third-quarter profit, helped by a jump in same-store sales, prompting it to raise its full-year earnings forecast for the second time this year.

** ANN INC, Tuesday close $32.43, up 3 pct premarket

The parent of Ann Taylor and LOFT brands reported a third-quarter profit above market estimates and raised its outlook for fiscal 2012.

** 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.

** CADENCE PHARMACEUTICALS INC, $3.95, up 5 pct premarket

The pharmaceutical company settled a patent litigation with generic drugmaker Perrigo Co for its pain drug, Ofirmev. Under the settlement terms, Perrigo can choose to market a generic version of Ofirmev after Cadence’s patent expires on Dec. 6, 2020.

** AVEO ONCOLOGY, Tuesday close $7.40, up 4 pct premarket

The cancer therapeutics company said the U.S. health regulator accepted a marketing application for its experimental kidney cancer drug, and expects to take a decision by July 28, 2013. Aveo said the acceptance triggers a $15 million milestone payment under its development and commercialization agreement with Japan’s Astellas Pharma.

** NEWMONT MINING CORP, Tuesday close $47, down 2 pct premarket

Indonesia is considering whether to extend a divestment deadline for foreign mining companies beyond 10 years but no decision has been made, Chief Economic Minister Hatta Rajasa said on Wednesday.

Newmont, which operates in Indonesia, has been in talks with the Indonesian government. The divestment rule will hurt miners like Newmont, who have already spent potentially hundreds of millions of dollars on exploration.

** 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.

** 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. (Compiled by Maria Ajit Thomas in Bangalore)

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