(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) Wall Street was set to rise at the open on Thursday after data suggested stronger labor market conditions and subdued inflation pressures, while traders digested the Federal Reserve's latest assessment of the economy. S&P 500 futures rose 5 points, Dow Jones industrial average futures 49 points and Nasdaq 100 futures 13 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.
** GENERAL MOTORS CO, Wednesday close $37.69, up 2.7 pct premarket.
The U.S. Treasury Department said on Thursday it had completed the sale of 70.2 million shares of General Motors stock and planned to sell its remaining 31.1 million shares by year-end, depending on market conditions.
** 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.
** AEROPOSTALE INC, Wednesday close $10.04, up 4.5 pct premarket
Private equity firm Crescendo Partners, which holds shares of Aeropostale, urged the teen clothing retailer to sell itself. The company, whose efforts to attract young shoppers has failed, has posted losses for three quarters in a row.
** DOLLAR TREE INC, Wednesday close $58.92, down 6.5 pct premarket
The company reported a smaller-than-expected rise in quarterly comparable store sales and forecast current-quarter results below estimates.
** ONCOLYTICS BIOTECH INC, Wednesday close $2.52, up 15 pct premarket
The company, said its lead cancer drug improved survival rates in patients with head-and-neck cancer, compared to those receiving chemotherapy alone.
** GAMESTOP CORP, Wednesday close $52.44, down 3.6 pct premarket
The world’s largest retailer of video game products forecast earnings for the holiday shopping quarter that fell short of Wall Street expectations.
** LIQUIDITY SERVICES INC, Wednesday close $26, down 9 pct premarket
The online auction marketplace forecast current quarter and full year earnings per share way below analysts’ estimates as its retail business was hurt by lower spending by customers.
“The retail vertical of our business has seen significant changes in consumer spending habits in certain categories, such as electronics, ...,” the company said.
** 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.
** AIR LEASE CORP, Wednesday close $32.76, down 5.4 pct premarket
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.
** 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.
** CYBERONICS INC, Wednesday close $63.12, up 3 pct premarket
The medical device maker raised its 2013 forecast as it benefited from strong patient additions and favourable currency impact in the second quarter. The company expects sales of between $281 million and $285 million, ahead of its previous forecast of $279 million to $283 million.
Analysts on average expect sales of $282 million, according to Thomson Reuters I/B/E/S.
** 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.
** 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.
** WELLPOINT INC, Wednesday close $92.76, down 1 pct premarket
The health insurer reaffirmed its 2013 profit of about $8.45 per share and adjusted profit of at least $8.40 per share, according to a regulatory filing.
Analysts on average expect a profit of $8.51 per share for 2013, according to Thomson Reuters I/B/E/S.
** 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.
** 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.
** DUPONT E I DE NEMOURS & CO, Wednesday close $60.79
The company said it would sell its glass-laminating products business to Japan’s Kuraray Co Ltd for $543 million, as part of a plan to shift its focus to agriculture, alternative energy and specialty materials.