November 4, 2014 / 12:57 PM / 4 years ago

CORRECTED-BUZZ-U.S. Stocks on the Move-Alibaba, Michael Kors, Office Depot, Regeneron

(Corrects Alibaba item to show that profit matched, not missed, market estimates. The error also appeared in an earlier version.) (For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter,

U.S. stock index futures ticked lower on Tuesday, with investors taking a pause following a rally that has taken major indexes to repeated records, although a sharp decline in crude oil could weigh on energy shares. Dow Jones industrial average futures were down 0.13 percent at 17,262, S&P 500 futures were down 0.19 percent at 2,007.25 and Nasdaq 100 futures were down 0.25 percent at 4,146.75.

** ALIBABA GROUP HOLDING LTD, Monday close $101.8, -2.18 pct premarket

The Chinese e-commerce giant reported quarterly results which showed non-GAAP net income rising 15.5 percent to $1.11 billion for the July-September period, meeting forecasts for the Chinese e-commerce giant’s first quarterly report to Wall Street since its record-setting $25 billion listing.

** SPRINT CORP, Monday close $6.2, -13.06 pct premarket

The third-largest U.S. carrier said on Monday it would fire 2,000 employees and lowered its 2014 adjusted earnings forecast as the company attempts to cut costs and turn around several quarters of losses.

** KNIGHTSBRIDGE SHIPPING LTD, Monday close $8.28, -5.43 pct premarket

** NAVIOS MARITIME PARTNERS LP, Monday close $16.59, -3.50 pct premarket

Analysts at Morgan Stanley slashed their price target on Knightsbridge’s stock to $8 from $14, citing weak charter rates and cut their rating on Navios Maritime’s stock to “underweight” from “equal weight” on concerns about a dividend cut.

** MICHAEL KORS HOLDINGS LTD, Monday close $77.99, -7.51 pct premarket

The company, known for its trendy handbags and watches, forecast third-quarter sales and profit largely below analysts’ estimates.

** OFFICE DEPOT INC, Monday close $5.07, +13.81 pct premarket

The office supply retailer reported its first quarterly profit after three quarters of losses and raised its full-year adjusted operating income forecast.

** REGENERON PHARMACEUTICALS INC, Monday close $395.26, -6.89 pct premarket

The drugmaker cut the top end of its full-year sales forecast for its blockbuster eye drug and reported a lower-than-expected adjusted quarterly profit, citing higher costs.

** HERBALIFE LTD, Monday close $55.9, -14.33 pct premarket

The maker of weight-loss and nutritional products slashed its full-year revenue and adjusted profit forecasts as it wrote down the value of its Venezuelan assets.

** LEAPFROG ENTERPRISES INC, Monday close $5.43, -12.52 pct premarket

The toy maker reported a bigger-than-expected quarterly loss, hurt partly by inventory carry-overs of tablets from the holiday season last year and a delay in its first shipments of Leap TV to the current quarter.

** AMERICAN INTERNATIONAL GROUP INX, Monday close $53.8, +1.02 pct premarket

The insurer reported better-than-expected third quarter earnings on Monday, bolstered in part by an improved performance at its core insurance operations.

** RETAILMENOT INC, Monday close $20.4, -21.52 pct premarket

The online coupon company said its chief financial officer had resigned as it forecast weak quarterly revenue and its shares sank in extended trading.

** BORDERFREE INC, Monday close $10.84, -21.59 pct premarket

The e-commerce service provider reported an adjusted third-quarter loss of 3 cents per share on revenue of $31.3 million, lower than average analyst expectation of a loss of 1 cent per share on revenue of $31.7 million.

** ITAÚ UNIBANCO HOLDING SA, Monday close $14.57, +0.34 pct premarket

Latin America’s largest bank by market value posted a record third-quarter profit, beating estimates by a large margin after interest and fee income jumped and loan disbursements surprised on the upside.

** JPMORGAN CHASE & CO, Monday close $60.88

The bank said the U.S. Justice Department was conducting a criminal investigation into its foreign exchange business.

** BANK OF NOVA SCOTIA, Monday close $60.53

Canada’s No. 3 lender said on Tuesday it was cutting about 1,500 jobs and would take a pre-tax charge of C$451 million ($396 million) in the quarter ended Oct. 31.

** CHEGG INC, Monday close $6.57

The Internet textbook rental and student services company forecast fourth-quarter revenue below Wall Street targets.

** MOTOROLA SOLUTIONS INC, Monday close $64.68

The maker of walkie-talkies and radio systems reported a 5.3 percent fall in quarterly revenue due to lower sales in North America and the Asia-Pacific region.

** NUTRISYSTEM INC, Monday close $16.87

The weight-loss product maker reported better-than-expected profit and revenue, helped by an increase in demand and the price of its products.

** TEXAS ROADHOUSE INC, Monday close $29.28

The casual dining chain reported better-than-expected quarterly sales, helped by a 4.4 percent jump in traffic. The company reported total third-quarter revenue of $385.2 million, above the average analyst estimate of $375.9 million, according to Thomson Reuters I/B/E/S.

** COMMUNITY HEALTH SYSTEMS INC, Monday close $55.43

The hospital operator reported a better-than-expected quarterly profit as admissions in its hospitals soared 49 percent.

** TENET HEALTHCARE CORP, Monday close $56.72

The third-largest U.S. for-profit hospital chain posted a lower third-quarter net profit on Monday due to higher interest expenses for its acquisition of Vanguard Health Systems.

** MARATHON OIL CORP, Monday close $34.57

The U.S. oil producer said on Monday that quarterly profit fell 24 percent, as a slide in the price of crude offset higher oil and natural gas production from shale wells.

** WALT DISNEY CO, Monday close $91.71

The company said it would expand its cloud-based movie service to include purchases made through the Google Play online store, the latest in a string of moves by Hollywood studios to encourage digital ownership.

** PROCTER & GAMBLE, Monday close $87.38, -0.02 pct premarket

The world’s No.1 household products maker said on Monday that it had temporarily suspended operations in Argentina after the country’s tax authority, which has accused the company of tax fraud, said it started meetings with it. (Compiled by Avik Das in Bangalore; Editing by Simon Jennings)

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