November 6, 2014 / 1:02 PM / 4 years ago

BUZZ-U.S. Stocks on the Move-Qualcomm, Tesla, Aeterna Zentaris, Wendy's

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U.S. stock index futures were little changed on Thursday, as investors held off on making bets with key indexes at record levels and looked toward Friday’s closely watched payrolls report for trading incentives. Dow Jones industrial average futures were down 0.11 percent at 17,393, S&P 500 futures were down 0.21 percent at 2,014.5 and Nasdaq 100 futures were down 0.13 percent at 4,137.

** QUALCOMM INC, Wednesday close $77.2, -6.41 pct premarket

The company warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe.

** AETERNA ZENTARIS INC, Wednesday close $1.29, -49.61 pct premarket

The drugmaker said the U.S. Food and Drug Administration rejected macimorelin, an experimental test designed to determine if adults’ pituitary glands are secreting enough growth hormone.

** DIRECTV, Wednesday close $87.82, +0.49 pct premarket

The No. 1 U.S. satellite TV provider, reported a 6.3 percent rise in third-quarter revenue as it earned more from each subscriber in the United States.

** TESLA MOTORS INC, Wednesday close $230.97, +5.15 pct premarket

The electric-car maker beat analysts’ expectations for third-quarter results. The automaker said its quarterly loss nearly doubled from a year ago to $75 million, as manufacturing, sales and development expenses increased to meet rising demand for its Model S sedan.

** MOLYCORP INC, Wednesday close $1.41, -14.89 pct premarket

The company, which produces 13 different rare metals used in industries such as consumer electronics and defense, reported a much bigger quarterly loss, hurt by lower prices of rare-earth metals and a steep jump in production costs.

** GENWORTH FINANCIAL INC, Wednesday close $14.07, -16.70 pct premarket

The mortgage insurer reported a surprise third-quarter loss, hurt by losses at its U.S. life Insurance business.

** CBS CORP, Wednesday close $52.5

The owner of the most-watched U.S. television network reported a marginally better-than-expected quarterly profit and revenue, driven by higher distribution revenue from licensing its television shows.

** CF INDUSTRIES, Wednesday close $253.63

The U.S. fertilizer producer reported a 44 percent drop in third quarter profit on Wednesday, a steeper than expected fall.

** SOLARCITY CORP, Wednesday close $54.44, +0.11 pct premarket

The largest U.S. solar panel installer, on Wednesday, reported a 20 percent rise in quarterly revenue and said it had cut system costs more than expected.

** WHOLE FOODS MARKET INC, Wednesday close $39.99, +8.28 pct premarket

The upscale grocer reported a better-than-expected quarterly profit as the company increased its market share and launched new products.

** QEP RESOURCES INC, Wednesday close $24.44

The oil and gas company said on Wednesday that its third quarter net income rose more than 4-fold to $171.1 million due to higher crude oil production

** NEWS CORP, Wednesday close $15.3

The publisher of the Wall Street Journal reported quarterly revenue and profit above estimates, helped by higher sales at its book publishing and online real estate businesses.

** ASTRAZENECA, Wednesday close $73.47, -1.62 pct premarket

Recent U.S. tax changes have weakened the case for companies like Pfizer Inc to shift their tax bases overseas by striking so-called tax inversion deals, according to AstraZeneca’s chief executive.

** WENDY’S CO, Wednesday close $8.06

The hamburger chain reported a 20 percent drop in quarterly sales as it sold more company-owned stores to franchisees.

** AOL INC, Wednesday close $43.87

The digital media and entertainment company reported an 11.7 percent rise in quarterly revenue, propelled by strong advertising sales.

** OCCIDENTAL PETROLEUM CORP, Wednesday close $86.47, -0.40 pct premarket

** PLAINS ALL AMERICAN PIPELINE LP, Wednesday close $54.33

Plains All American said it would pay about $1.1 billion to buy Occidental’s 50 percent stake in a company that owns the BridgeTex oil pipeline.

** PETROLEO BRASILEIRO PETROBRAS SA, Wednesday close $11.16, -4.84 pct premarket

Brazil’s state-run oil company has no date or size for a widely expected increase in the domestic price of gasoline and diesel, the company said on Wednesday.

** TELUS CORP, Wednesday close $36.45

The company, one of Canada’s largest telecommunications companies, reported a 5.4 percent rise in quarterly operating revenue as it added subscribers and its revenue per user rose.

** WESTERN DIGITAL CORP, Wednesday close $101.28

The data storage company launched a secondary public follow-on offering where Hitachi Ltd will sell 5.43 million shares. Hitachi’s stake would drop to 3 percent from 5.4 percent after the offering, which is expected to be priced after markets close on Thursday.

** PRUDENTIAL FINANCIAL INC, Wednesday close $88.91

The second-largest U.S. life insurer reported a quarterly profit that fell short of market estimates by a wide margin, mainly due to losses tied to its derivatives program.

** NASDAQ OMX GROUP INC, Wednesday close $43.74

The exchange operator on Wednesday won a contract to manage a stock market data processor that sparked a three-hour trading halt in 2013 and recently was at the center of a stand-off among exchanges over who they would select as the winner. (Compiled by Avik Das in Bangalore; Editing by Simon Jennings)

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