November 5, 2014 / 1:13 PM / 4 years ago

BUZZ-U.S. Stocks on the Move-Cognizant, Time Warner, Zulily, Nu Skin

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U.S. stock index futures were higher on Wednesday after the Republican Party took control of the Senate in the midterm elections, as had been expected, while investors looked ahead to data expected to show improvement in the labor market. Dow Jones industrial average futures were up 0.51 percent at 17,393, S&P 500 futures were up 0.56 percent at 2,016.75 and Nasdaq 100 futures were up 0.63 percent at 4,169.75.

** TRIPADVISOR INC, Tuesday close $83.79, -12.40 pct premarket

The travel review website reported a quarterly profit that missed analyst estimates by a wide margin as marketing costs jumped by nearly two-thirds and referral revenue lagged the company’s expectations.

** ELECSYS CORP, Tuesday close $9.57, +79.73 pct premarket

Irrigation systems maker Lindsay Corp has agreed to buy the communications equipment maker for $70.5 million, or $17.50 per share in cash, a premium of about 83 percent to the stock’s close on Tuesday.

** FIREEYE INC, Tuesday close $34.25, -17.81 pct premarket

The cyber security company forecast quarterly revenue largely below the average analyst expectation as customers increasingly shifted to subscription-based products, away from on-premise equipment that brought in revenue upfront.

** TIME WARNER INC, Tuesday close $74.97, +3.17 pct premarket

The company reported a 3 percent rise in quarterly revenue, helped by growth in its Turner Networks unit and premium TV service Home Box Office (HBO).

** EOG RESOURCES INC, Tuesday close $90.28, +5.24 pct premarket

The largest oil producer in the contiguous United States posted a better-than-expected quarterly profit on Tuesday thanks to jumping oil production in the Eagle Ford and Bakken shale formations.

** COGNIZANT TECHNOLOGY SOLUTIONS CORP, Tuesday close $48.49, +3.11 pct premarket

The IT services provider reported a 12 percent rise in quarterly revenue due to higher spending by customers in North America and Europe.

** PENN WEST PETROLEUM LTD, Tuesday close $4.05

The company, one of Canada’s largest conventional oil producers, reported a third-quarter loss, hurt by a drop in production and weaker oil prices.

** ENDO INTERNATIONAL PLC, Tuesday close $68.67, +1.94 pct premarket

The company, which is acquiring Auxilium Pharmaceuticals Inc , reported a better-than-expected quarterly profit due to a nearly 74 percent jump in sales of its generic drugs in the United States.

** ZULILY INC, Tuesday close $35.96, -13.79 pct premarket

The company, which runs a website offering daily discounts on clothing, forecast fourth-quarter sales of $391.3-416.3 million, largely below analysts’ average estimate of $412.0 million.

** PIONEER NATURAL RESOURCES CO, Tuesday close $180.91, -4.70 pct premarket

The oil and gas explorer said it would sell 5.75 million shares - about 4 percent of its total outstanding shares.

** HOMEAWAY INC, Tuesday close $33.75, -7.85 pct premarket

The vacation rentals company forecast current-quarter and full-year revenue below the average analyst expectation.

** EXELIXIS INC, Tuesday close $1.65, +16.36 pct premarket

The drugmaker said patients given its experimental lung cancer compound alone, or in combination with an already approved cancer treatment, prolonged the time before the disease progressed.

** ZAGG INC, Tuesday close $6.79, -26.36 pct premarket

The consumer electronics accessories maker reported a surprise third-quarter loss, hurt by $9.6 million inventory write-down.

** PHOTOMEDEX INC, Tuesday close $3.03, +4.29 pct premarket

The skin health company’s relief from debt repayment defaults was extended to Feb. 28, 2015 from the previous date of Oct. 31

** NU SKIN ENTERPRISES INC, Tuesday close $50.42, -20.35 pct premarket

The direct seller of anti-ageing and nutritional products reported a 38.4 percent drop in quarterly profit as sales nearly halved in Greater China, its largest market.

** ACTIVISION BLIZZARD INC, Tuesday close $19.95, +5.26 pct premarket

The videogame maker raised its full-year 2014 forecast after posting better-than-expected third-quarter results on robust sales of “Destiny” and a jump in “World of Warcraft” subscribers.

** MORGAN STANLEY, Tuesday close $34.66, +1.21 pct premarket

The bank said on Tuesday that it was responding to potential legal claims from government entities, including the U.S. Department of Justice and several state attorneys general over mortgage securities.

** AT&T INC, Tuesday close $34.79

** DIRECTV, Tuesday close $87.43

The top two lawmakers on the U.S. Senate’s antitrust panel have written to regulators expressing concerns about AT&T’s plans to buy DirecTV for $48.5 billion, including the impact on three regional sports networks.

** TWENTY-FIRST CENTURY FOX INC, Tuesday close $33.33

Chief Operating Officer Chase Carey said the company was being “disciplined” about its options when considering streaming video offerings that bypass cable and satellite subscriptions.

** JIVE SOFTWARE INC, Tuesday close $5.89

The software company reported a smaller-than-expected loss, helped by recent JiveX cloud upgrades as well as new integrations with Microsoft Office and Google Inc.

** ALLOT COMMUNICATIONS LTD, Tuesday close $10.55

The company, which helps telecom operators monitor and allocate bandwidth, reported a 25 percent increase in third-quarter adjusted revenue, which rose to $30.1 million from a year earlier, helped by more orders for its products and the addition of new customers. (Compiled by Avik Das in Bangalore; Editing by Simon Jennings)

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