January 30, 2013 / 1:02 PM / in 5 years

MARKET PULSE-Boeing, Amazon, Chesapeake, RIM, Dolby, Kinder Morgan

Jan 30 (Reuters) - Some U.S. stocks to watch on Wednesday:



U.S. stock index futures were flat as investors digested recent gains and awaited a new round of key U.S. economic data, though Amazon surged after its earnings results. S&P 500 futures fell 0.02 percent, but remained above fair value - a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were flat and Nasdaq 100 futures rose 0.07 percent.

** APPLE INC, Tuesday close $458.27, down 0.3 pct premarket

South Korea’s Samsung Electronics Co did not willfully infringe on some of Apple’s patents, a U.S. federal court ruled, foiling the iPhone maker’s attempt to ratchet up the $1.05 billion in damages it was awarded last August by a U.S. jury.

** RESEARCH IN MOTION LTD , Tuesday close $15.66, up 2.8 pct premarket

The innovative line of BlackBerry smartphones that Research In Motion Ltd will formally unveil on Wednesday has already succeeded on one crucial count - getting RIM back in the conversation.

** BOEING CO, Tuesday close $73.65, up 1 pct premarket

The Chicago-based aerospace and defense giant’s profit dipped in the fourth quarter from a year earlier, but its 2013 forecast “assumes no significant financial impact” from the grounding of its 787 Dreamliner passenger jet by regulators.

** CHESAPEAKE ENERGY CORP, $18.97, up 10 pct premarket

Chesapeake Energy Corp said on Tuesday that Aubrey McClendon will step down as chief executive after a tumultuous year in which a series of Reuters investigations triggered civil and criminal probes of the second-largest U.S. natural gas producer

** AMAZON.COM INC, Tuesday close $260.35, up 9 pct premarket

The world’s largest Internet retailer’s better-than-expected profit margins surprised Wall Street, prompting at least five brokerages to raise their price targets on the stock.

** DOLBY LABORATORIES INC, Tuesday close $31.75, up 4 pct after market

The audio technology licensor posted first-quarter results that beat analysts’ estimates, helped by higher licensing revenue, and forecast second-quarter profit above expectations.

** GOOGLE INC, Tuesday close $753.68

YouTube, the video website owned by Google, plans to offer paid subscriptions to some of the content on its site later this year, according to a media report.

** DUPONT, Tuesday close $47.96

DuPont is exploring the sale of its cyanide business and has hired investment bank Morgan Stanley to run the sale process, according to three sources familiar with the matter.

** JPMORGAN CHASE & CO, Tuesday close $47.12

There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm’s own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.


** COPANO ENERGY LLC, Tuesday close $33.13

Kinder Morgan will buy natural gas pipeline operator Copano for $3.22 billion to tap into growing demand for infrastructure to transport vast supplies from the shale fields of Texas and Oklahoma.

** SPRINT NEXTEL CORP, Tuesday close $5.64

** DISH NETWORK CORP, Tuesday close $37.94

Dish Network decided against filing to block Sprint’s proposed deal with Softbank Corp, at least for now, citing its ongoing negotiations with Clearwire Corp and uncertainty over that company’s ownership.

** ADT CORP, Tuesday close $46.51

The home security services company reported a higher quarterly profit on Wednesday and announced a $600 million accelerated share repurchase.

** EVERCORE PARTNERS INC, Tuesday close $35.60

The boutique investment bank’s quarterly profit more than doubled as it earned more fees from its investment banking business.

** ROCKWELL AUTOMATION INC, Tuesday close $89.89

The company reported a steeper-than-expected 12 percent drop in quarterly profit on weak demand for its systems that are used to help factories run more smoothly.

** UNISYS CORP, Tuesday close $18.92, up 11 pct after market

The IT services company reported fourth-quarter results above Wall Street’s estimates helped by 16 percent growth in its technology business.

** KEY TRONIC CORP, Tuesday close $11.91, down 15 pct after market

The electronics manufacturer’s reported second-quarter results at the lower end of its guidance as demand fell from one of its customers.

** RYLAND GROUP INC, Tuesday close $41.31, up 3 pct after market

The homebuilder reported quarterly results well above analysts’ expectations and said new orders jumped 64 percent.

** ASPEN TECHNOLOGY INC, Tuesday close $28.49, up 4 pct after-market

The company, which provides supply chain management software for the manufacturing industry, posted better-than-expected second-quarter results on higher subscription and software revenue.

Brokerage Canaccord Genuity raised its price target on the company’s stock to $34 from $32.

** VALERO ENERGY CORP, Tuesday close $43.77

The leading U.S. independent refiner plans to expand its use of domestic crude oil as well as increase exports of refined products.

** ISIS PHARMACEUTICALS INC, Tuesday close $13.38, up 8 pct after market

** AEGERION PHARMACEUTICALS INC, Tuesday close $28.52, down 2 pct after market

The U.S. Food and Drug Administration on Tuesday approved a drug made by Sanofi SA and Isis designed to treat a rare genetic disorder that causes dangerously high levels of bad LDL cholesterol. In December, the FDA approved a drug for the same condition made by Aegerion.

** THERMO FISHER SCIENTIFIC INC, Tuesday close $70.42

** LIFE TECHNOLOGIES CORP, Tuesday close $62.31

Thermo Fisher Scientific is considering making an offer for Life Technologies, the biomedical laboratory equipment maker which is exploring a potential sale, three people familiar with the matter said on Tuesday.

** PAREXEL INTERNATIONAL CORP, Tuesday close $33.86, up 3 pct after market

The contract research organization reported a quarterly profit above Wall Street estimates, helped by higher services revenue, and raised its outlook for the current year.

** VERTEX PHARMACEUTICALS INC, Tuesday close $46.39, down 2 pct after market

The company on Tuesday reported a third consecutive quarterly loss as sales of its hepatitis C drug, Incivek, again fell sharply while research and development spending rose.

** ACE LTD, Tuesday close $84.94

The insurer reported a 24 percent fall in quarterly operating profit, hurt by losses related to superstorm Sandy, and forecast a full-year profit below analysts’ estimates.

** FREESCALE SEMICONDUCTOR LTD, Tuesday close $12.39

The company, which makes chips for cars and machinery, forecast current-quarter revenue above analysts’ estimates as demand returns in its wireless and enterprise businesses.

**AVERY DENNISON CORP, Tuesday close $36.14

Label and specialty packages maker CCL Industries Inc said it will buy two businesses of the U.S. label and office supplies maker for $500 million.

** METLIFE INC, Tuesday close $37.72

The biggest U.S. life insurer said it was in talks with Banco Bilbao Vizcaya Argentaria SA to buy the Spanish bank’s Chilean pension fund business.

** MARATHON PETROLEUM CORP, Tuesday close $71.97

The refiner on Wednesday reported a quarterly profit as the U.S. refining company processed higher amounts of cheaper domestic crude oil in its plants, helping lift refining margins.

** HESS CORP, Tuesday close $68.11

Hess Corp, under pressure from an activist investor to break up the company, reported a fourth-quarter profit on Wednesday as production from its wells in North Dakota’s Bakken oilfield soared. (Compiled by Neha Dimri in Bangalore)

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