November 21, 2013 / 1:42 PM / 4 years ago

MARKET PULSE-Hologic, Target, Williams-Sonoma, Johnson Controls

(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stock index futures rose on Thursday, following three days of declines on the S&P 500, as traders digested the Federal Reserve's latest assessment of the economy ahead of inflation and job market data. S&P 500 futures rose 3 points, Dow Jones industrial average futures 31 points and Nasdaq 100 futures 10 points.

** HOLOGIC INC, Wednesday close $22.28, up 8 pct premarket

Activist investor Carl Icahn said he may discuss the possibility of adding members to the provider of medical diagnostic products' board after disclosing a 12.6 percent stake in the company, according to a regulatory filing. (

Separately, the company adopted a poison pill that would be triggered if a buyer acquired 10 percent or more shares of the company.

** TARGET CORP, Wednesday close $66.49, down 3.7 pct premarket

The discount chain blamed “constrained” consumer spending for a tepid rise in third-quarter comparable sales, and lowered its full-year profit forecast as a Canadian expansion proved costlier than expected.

** SEARS HOLDINGS CORP, Wednesday close $61.70, down 4.3 pct premarket

The company, which operates its eponymous department stores and the Kmart discount chain, reported a wider quarterly net loss as sales fell at both chains and it invested in more promotions targeting rewards members.

** DOLLAR TREE INC, Wednesday close $58.92, down 6.5 pct premarket

The company reported a 19 percent drop in quarterly profit due to weaker sales at stores open for more than a year.

** INTERCLOUD SYSTEMS, Wednesday close $12.64, up 6 pct premarket

The company, which provides cloud and consulting services to wireless and wireline telecommunication companies, said its professional services group received contracts related to network expansion projects worth over $2.5 million from new and existing clients.

** WILLIAMS-SONOMA INC, Wednesday close $55.51, up 5 pct premarket

The home furnishings chain on Wednesday reported third-quarter results above analysts’ average estimates and said it was well-positioned for the upcoming holiday season as shoppers spent more on their homes in an improving U.S. housing market.

Barclays and RBC Capital Markets raised their price targets on the company’s stock.

** GREEN MOUNTAIN COFFEE ROASTERS INC, Wednesday close $61.83, up 4.7 pct premarket

The K-cup coffee pods maker said it expected stronger revenue in the second half of its fiscal 2014 as it converts unlicensed coffee pod makers to licensed partners. The company, however, gave a cautious current-quarter forecast, citing a transition to a new brewing system and weakness in U.S. consumer spending.

** TESLA MOTORS INC, Wednesday close $121.11, up 0.7 pct premarket

The company won a near-perfect score for its Model S electric car in an annual owner-satisfaction survey conducted by influential magazine Consumer Reports and released Thursday. The results offer a rare piece of good news for Tesla, which has faced increasingly tough questions after three cars caught fire in less than two months. This week, U.S. regulators launched a safety probe into the Model S.

** VOXELJET AG, Wednesday close $39.21, down 4 pct premarket

Shares of voxeljet continued their fall after a 26 percent plunge on Wednesday, following a report from short-seller Citron Research that questioned the 3D printer maker’s quarterly results. In a report on Wednesday, Citron said the Germany based company provided loans to customers to generate sales and avoid posting a loss in its first results as a public company.

Voxeljet shares closed 44 percent higher on their debut.

** JOHNSON CONTROLS INC, Wednesday close $48.22, up 2.3 pct premarket

The largest U.S. auto parts maker on Wednesday said it will increase its share buyback program by $3 billion to bring the plan to $3.65 billion over the next three years.

** ABERCROMBIE & FITCH CO, Wednesday close $34.99, down 2 pct premarket

The teen clothing retailer, struggling to keep up with the fast-changing tastes of young shoppers, reported a quarterly loss as comparable-store sales declined for the seventh straight quarter.

** CLIFFS NATURAL RESOURCES INC, Wednesday close $27.23, up 1 pct premarket

The company, one of North America’s biggest iron ore producers, said it would indefinitely suspend a $3.3 billion chromite-mining project in Canada by year-end, snubbing out faint hopes that the struggling development might be able to get back on track.

** BAZAARVOICE INC, Wednesday close $8.89, down 12 pct after market

The consumer review aggregator’s second-quarter net loss widened as total operating costs rose nearly 27 percent. The company also said its Chief Executive Stephen Collins will step down effective January.

** VALUEVISION MEDIA INC, Wednesday close $5.25, down 8.5 pct after market

The retailer, which allows customers to shop via TV, phone and the Internet, reported lower-than-expected third-quarter revenue as average price point for goods sold by the company fell 20 percent to $80.

** AIR LEASE CORP, Wednesday close $32.76, down 4.5 pct after market

The aircraft leasing company late on Wednesday announced a secondary offering of 10.1 million shares of its Class A common stock by affiliates of Ares Management LLC, Leonard Green & Partners LP and WL Ross & Co LLC. The company will not receive any proceeds from the sale.

** AMICUS THERAPEUTICS, Wednesday close $2.12, down 2 pct after market

The company said it reacquired the development and marketing rights to its experimental treatment for Fabry disease from partner GlaxoSmithKline. Fabry disease is a type of rare, genetic disease called lysosomal storage disease.

Amicus also said it acquired privately held Callidus Biopharma that develops enzyme replacement therapies for lysosomal storage diseases.

At least two brokerages downgraded the stock on Thursday.

** YUM BRANDS INC, Wednesday close $72.32

The company said it would combine the U.S. and international divisions of KFC, Pizza Hut and Taco Bell and keep its China and India units separate.

** GOLDMAN SACHS GROUP INC, Wednesday close $165

The bank lost more than $1 billion on currency trades during the third quarter, recent regulatory filings show, offering some insight into why the firm, considered one of Wall Street’s most savvy traders, reported its worst quarter in a key trading unit since the financial crisis.

** FANNIE MAE, Wednesday close $2.75

** FREDDIE MAC, Wednesday close $2.52

The United States rejected Fairholme Capital Management’s recapitalization proposal of Fannie Mae and Freddie Mac, saying the only way to revamp the home loan market is through proper housing finance reform, according to Gene Sperling, a senior adviser to the president.

** GILDAN ACTIVEWEAR INC, Wednesday close $49.09

The Canadian apparel maker reported a 9 percent rise in fourth-quarter profit, helped by lower cotton prices and higher sales in its printwear business.

** ONCOLYTICS BIOTECH INC, Wednesday close $2.52

The company, said its lead cancer drug improved survival rates in patients with head-and-neck cancer, compared to those receiving chemotherapy alone.

** FOREST LABORATORIES, Wednesday close $51.42

U.S. health regulators have declined to approve a new antipsychotic drug from Forest Laboratories and Richter , citing the need for more information, including additional clinical trial data.

** WEBMD HEALTH CORP, Wednesday close $38.83

The health information provider said it will offer $300 million worth convertible notes for an initial conversion price of about $52.81 per share in a private placement. The price represents a 36 percent premium to the stock’s closing price on Wednesday, the company said. Proceeds will be used for general corporate purposes including acquisitions and repurchase of shares.

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