August 1, 2013 / 11:32 AM / in 4 years

MARKET PULSE-Time Warner, US Silica, DreamWorks, Sturm Ruger, JC Penney

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Aug 1 (Reuters) - Some U.S. stocks to watch on Thursday:

** TIME WARNER CABLE INC, Wednesday close $114.07

The second largest U.S. cable operator posted a 6.4 percent rise in quarterly profit, helped by an increase in demand for high-speed data services.

** J.C. PENNEY CO, Wednesday close $14.60, up 8 pct premarket

The struggling department-store operator said a media report about commercial lender CIT Group stopping funding to its suppliers are untrue, as it has been told so directly by the lender. [ID:nL4N0G22ZD

** SONY CORP, Wednesday close $21.04, up 3 pct premarket

The company reported a higher than expected first-quarter operating profit on Thursday, boosted by strong sales of its flagship Xperia smartphones in Japan and rising shipments of image sensors to phone makers.

** DREAMWORKS ANIMATION SKG INC, Wednesday close $24.76, up 6.7 pct after market

Brokerage Janney Capital Markets raised its price target on the animation film studio’s stock to $31 after the company reported a near-doubling of second-quarter profit due to the global success of its animated hit “The Croods”.

The company said worldwide box-office takings would propel its latest animated movie, “Turbo”, to a profit that few analysts had expected.

** STURM RUGER & CO INC, Wednesday close $50.87, up 6 pct aftermarket

The gun maker reported second-quarter results that beat analysts’ estimates as new products such as the LC380 pistol and the SR45 pistol drove up sales.

** ANIKA THERAPEUTICS INC, Wednesday close $20.11, up 17 pct after market

The medical company, which makes products for tissue healing and repair, reported quarterly results much above analysts’ expectations, helped by its ongoing cost reduction initiatives.

Net income for the second quarter rose to $5.9 million, or 40 cents per share, from $3.7 million, or 26 cents per share, in the prior-year quarter. Analysts had expected earnings of 23 cents a share.

** AFFYMETRIX INC, Wednesday close $3.80, up 11 pct after market

The gene technology company reported a better-than-expected quarterly profit, helped by a strong growth in its genetic analysis business.

The company posted adjusted earnings of 4 cents per share, compared to analysts’ expectations for a breakeven.

** QUICKLOGIC CORP, Wednesday close $2.77, up 10.11 pct after market

The chipmaker reported higher second-quarter sales, helped by a rise in revenue from its new products business. The company also reported a narrower quarterly loss from a year earlier.

** DYNEX CAPITAL INC, Wednesday close $9.61, down 10 pct after market

The company’s quarterly earnings were better than estimates, but it said its mortgage REIT portfolios experienced a volatile combination of rising rates and spreads during the second quarter that sent book values substantially lower.

KBW cut its price target on the company’ stock to $9.40 from $10.80.

** CTRIP.COM INTERNATIONAL LTD, Wednesday close $36.60, up 9 pct after market

The travel services provider reported second-quarter results well above analysts’ expectations as more people accessed its website on their mobile devices. Transactions from Ctrip mobile sites tripled year-over-year and contributed over 20 percent of hotel bookings and about 15 percent of air ticket booking, the company said late on Wednesday.

** STAMPS.COM INC, Wednesday close $39.86, up 9 pct after market

The online postal services provider forecast strong full-year results after reporting a better-than-expected quarter, helped by a 15 percent jump in postage revenue.

Brokerage B. Riley & Co raised its price target on the stock to $47.25 from $43.50 while Roth Capital Partners raised its price target to $42 from $40, following the results.

** THORATEC CORP, Wednesday close $32.79, up 8 pct after market

The cardiac-device maker reported better-than-expected second-quarter results on Wednesday as revenue rose 10 percent, driven by higher sales of its HeartMate product line.

Thoratec’s quarterly profit of 52 cents per share beat analysts’ estimates of 43 cents per share, according to Thomson Reuters I/B/E/S.

** LIVEPERSON INC, Wednesday close $9.24, up 7.4 pct after market

The chat software provider reported better-than-expected second-quarter revenue, helped by higher bookings, and forecast current-quarter results largely above analysts’ expectations.

** U.S. SILICA HOLDINGS INC, Wednesday close $24.20, down 7 pct

The No. 2 U.S. commercial silica maker on Wednesday reported a lower-than-expected quarterly profit due to lower prices as well as weaker drilling activity in North Dakota’s Bakken shale field.

** PGT INC, Wednesday close $10, up 7 pct after market

The maker of residential impact-resistant windows and doors reported second-quarter sales that were the highest quarterly sales since 2007, helped by a strengthening U.S. housing market, especially in south Florida.

** OPEN TEXT CORP, Wednesday close $70.53, down 7 pct aftermarket

The Business software maker earned less in long-term license fees than analysts had expected in the fourth quarter, offsetting gains from its push into cloud computing.

** INTEGRATED SILICON SOLUTION INC, Wednesday close $11.97, down 4.3 pct after market

The chipmaker, which designs and markets integrated circuits, reported a lower-than-expected third-quarter revenue. The company also forecast current-quarter results below analysts’ estimates, citing caution in an uncertain economic environment.

** RUCKUS WIRELESS INC, Wednesday close $13.31

The company reported second-quarter results above analysts’ estimates, as mobile and broadband service providers bought more Wi-Fi devices to cater for surging consumer demand.

Ruckus also said it was chosen by Telefonica UK for deploying Wi-Fi products for its free Wi-Fi service in and around London’s Canary Wharf.

** PROCTER & GAMBLE CO, Wednesday close $80.30

** CLOROX CO, Wednesday close $85.94

The company posts its first results since bringing back veteran CEO A.G. Lafley to run the world’s largest household products maker.

Results are also due from Clorox, and the fiscal fourth-quarter tallies from both companies should help show whether advertising enticed consumers to buy namebrand cleaning products and personal care goods.

** YELP INC, Wednesday close $41.80

The consumer reviews website reported a smaller quarterly loss, helped by strength in its mobile advertising business.

** AVON PRODUCTS INC, Wednesday close $22.86

The largest direct seller of cosmetics, reports second-quarter results. The company has been making itself over under CEO Sheri McCoy, who came on board in 2012.

** EXXON MOBIL CORP, Wednesday close $93.75

** CONOCOPHILLIPS, Wednesday close $64.86

** CHESAPEAKE ENERGY CORP, Wednesday close $23,30, up 3 pct premarket

** APACHE CORP, Wednesday close $80.25

** MARATHON PETROLEUM CORP, Wednesday close $73.33

** TESORO CORP, Wednesday close $56.85

Some of the largest U.S. oil and gas companies and refiners are due to report second-quarter earnings.

** NEW YORK TIMES CO, Wednesday close $12.18

The New York Times is expected to report a higher profit for the second quarter on cost cuts, and revenue is anticipated to decline. The big question is the sustainability of the New York Times online subscription model since it launched over two years ago and if it will be able to save the flagship newspaper from a persistent ad slump that shows no signs of reversing.

** DIRECTV, Wednesday close $63.28

** CABLEVISION SYSTEMS CORP, Wednesday close $18.69

The U.S. no. 1 satellite provider reports quarterly results and may update investors on how negotiations are progressing with the National Football League over the exclusive “NFL Sunday Ticket” package that brings millions of subscribers to the service every year. The contract expires next year. Cablevision also posts second-quarter results.

** CME GROUP INC, Wednesday close $74.06

The world’s biggest futures exchange operator is likely to report a small rise in second-quarter profit after Federal Reserve Chairman Ben Bernanke rekindled market speculation over when the Fed will begin tightening monetary policy, putting wind back into the sails of CME’s flagship interest-rate futures contracts.

** LIFELOCK INC, Wednesday close $11.37

The identity theft protection company raised its full-year revenue forecast after reporting better-than-expected second-quarter results due to a rise in demand for its services from both consumers and businesses.

Needham & Co has raised its price target on the stock to $15 from $13. (Compiled by Rohit Tirumala Kumara)

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