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U.S. stock index e-mini futures rose on Thursday: Dow Jones industrial average futures were up 0.21 percent at 17,060, S&P 500 futures were up 0.24 percent at 1,985.5 and Nasdaq 100 futures were up 0.38 percent at 3,990.5.
** FACEBOOK INC, Wednesday close $71.29, +8.87 pct premarket
Facebook’s fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street’s financial targets and sending shares to a record-high in after-hours trading on Wednesday.
** NOKIA CORP, Wednesday close $7.68, +8.33 pct premarket
The Finnish telecoms gear maker surprised investors with strong quarterly earnings and raised its full-year profit margin forecast as network operators installed more powerful systems to cope with surging mobile data traffic.
** AT&T INC, Wednesday close $35.88, -1.20 pct premarket
The telecommunications services provider’s quarterly revenue rose a weaker-than-expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins.
** QUALCOMM INC, Wednesday close $81.6, -4.40 pct premarket
One of the world’s biggest mobile chipmakers’ outlook for the September quarter was below Wall Street’s expectations. The company also said it was having trouble collecting royalties in China.
Separately, China’s antitrust regulator has confirmed that Qualcomm has a monopoly, the state-run Securities Times newspaper reported on Thursday, as Qualcomm’s chief executive held talks in China.
** TRIPADVISOR INC, Wednesday close $107.36, -10.16 pct premarket
The online travel research company reported a lower-than-expected quarterly profit as total selling and marketing costs rose 53 percent to $127 million.
** ANGIE’S LIST INC, Wednesday close $10.17, -25.27 pct premarket
The operator of a website that allows users to review local businesses forecast quarterly revenue below estimates and reported a bigger-than-expected quarterly loss as it spent more to sign up customers.
** CIRRUS LOGIC INC, Wednesday close $23.97, -4.30 pct premarket
The supplier of audio chips for the iPhone forecast current-quarter revenue slightly below the midpoint of analysts’ estimates.
** F5 NETWORKS INC, Wednesday close $110.81, +1.80 pct premarket
The network equipment maker reported a 19 percent rise in third-quarter revenue, helped by strong sales of its data traffic management and network security products.
** SKECHERS USA INC, Wednesday close $48.41, +7.68 pct premarket
The sport shoes maker’s second-quarter revenue and profit beat analysts’ expectations, helped mainly by higher demand for new products.
The company’s sales rose 37.1 pct to $587 million - its highest ever.
** PULTEGROUP INC, Wednesday close $19.84
The U.S. homebuilder reported a 15 percent rise in quarterly profit as it sold homes at higher prices, but said orders fell 2.2 percent.
** UBS AG, Wednesday close $18.24
The Swiss bank said it was ordered by French officials on Wednesday to pay 1.1 billion euros ($1.48 billion) in bail after being put under formal investigation over allegations it laundered the proceeds of tax evasion.
** TECK RESOURCES LTD, Wednesday close $23.87
The Canadian diversified miner reported a 44 percent drop in quarterly earnings, mainly due to “significantly” lower coal prices.
** ENCANA CORP, Wednesday close $22.09
Canada’s largest natural-gas producer posted a steeper-than-expected 31 percent fall in quarterly operating profit, hurt by lower gas production and prices.
** STARWOOD HOTELS & RESORTS WORLDWIDE INC, Wednesday close $83.74
The owner of the Sheraton and Westin brands reported an 11 percent rise in quarterly profit as occupancy and room rates increased.
** DUNKIN’ BRANDS GROUP INC, Wednesday close $43.96, -4.46 pct premarket
The parent of Dunkin’ Donuts and Baskin-Robbins ice cream reported weaker-than-expected U.S. quarterly same-restaurant sales, blaming, in part, an unseasonably cold and rainy start to the spring season.
** DIAMOND OFFSHORE DRILLING INC, Wednesday close $50.04
The offshore rig contractor’s quarterly profit more than halved as drilling revenue fell 18 percent.
** PRECISION DRILLING CORP, Wednesday close $13.73
Canada’s largest oil and gas drilling contractor reported a 25 percent rise in quarterly revenue, helped by higher pricing and drilling activity in North America.
** BREITBURN ENERGY PARTNERS LP, Wednesday close $22.81
** QR ENERGY LP, Wednesday close $18.87, +8.85 pct premarket
Breitburn Energy said it would buy QR Energy in a deal valued at about $3 billion, including debt, to become one of the largest oil producers structured as a master limited partnership.
** GILEAD SCIENCES INC, Wednesday close $90.34, +0.90 pct premarket
The drugmaker said on Wednesday that its new hepatitis C drug Sovaldi had sales of $3.5 billion in the second quarter, demonstrating that the furor over its price has not curtailed early use.
** CLIFFS NATURAL RESOURCES INC, Wednesday close $15.48
The miner, facing off against an activist fund that wants to replace its chief executive, reported a bigger-than-expected quarterly loss on Wednesday because of weak commodity prices and a decline in sales volumes.
** GENERAL MOTORS CO, Wednesday close $37.41
The auto maker on Wednesday announced six recalls covering 717,950 vehicles in the United States for varying reasons, although none were related to ignition switch issues.
** WAL-MART STORES INC, Wednesday close $76.99
The Delaware Supreme Court affirmed on Wednesday a lower court ruling that ordered Wal-Mart Stores to provide a shareholder with documents related to the company’s internal probe of allegations the retailer had paid bribes in Mexico.
** NOVARTIS AG, Wednesday close $89.02, +0.24 pct premarket
** AMGEN INC, Wednesday close $122.01, -0.74 pct premarket
U.S. regulators have accepted an application by Sandoz - the generics arm of Novartis - seeking approval for a copycat version of Amgen’s drug Neupogen, or filgrastim, for patients with low white blood cell counts.
** SPECTRANETICS CORP, Wednesday close $25.16, +7.31 pct premarket
The U.S. FDA cleared the medical device maker’s products - Turbo-Tandem and Turbo Elite - to treat in-stent restenosis (ISR), a condition in which a blockage recurs in an artery after usage of a stent. The company said over 115,000 ISR procedures were performed annually in the United States.
Of the nine analysts covering the stock, four had “strong buy”, four “buy”, with only one “sell” recommendation.
** RAYMOND JAMES FINANCIAL INC, Wednesday close $50.24
The brokerage and investment bank said on Wednesday that its quarterly profit jumped 46 percent from last year, driven by growth in its asset management business.
** HANESBRANDS INC, Wednesday close $98.07
The underwear maker raised its full-year adjusted earnings forecast to $5.20-$5.40 per share. The company’s second quarter earnings beat analysts’ average estimate, helped by benefits from recent acquisitions.
The company also bought Paris-based DBApparel last month and rival Maidenform Brands Inc last year.
** FORTINET INC, Wednesday close $24.03
The enterprise network security services provider reported quarterly profit and revenue above analysts’ average expectation, helped by strong demand for its hi-end software security products. (Compiled by Shubhankar Chakravorty in Bangalore; Editing by Simon Jennings)