(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, here ; for the Morning News Call newsletter, here ) U.S. stocks looked set for their first lower open of the year on Thursday as investors assessed economic data and the Federal Reserve's thoughts on President-elect Donald Trump's policies.
Dow Jones industrial average futures were down 0.05 percent at 19,846, S&P 500 futures were down 0.13 percent at 2,261.25 and Nasdaq 100 futures were down 0.12 percent at 4,927.5.
** MACY’S INC, Wednesday close $35.84, -10.52 pct premarket
** KOHL’S CORP, Wednesday close $51.88, -16.04 pct premarket
** NORDSTROM INC, Wednesday close $48.92, -7.97 pct premarket
The department store chains cut their 2016 profit forecasts, after holiday season sales fell more than expected.
Retailer Nordstrom was also down.
** CTI BIOPHARMA CORP, Wednesday close $3.97, +24.94 pct premarket
The drug developer said the U.S. FDA has removed full clinical hold on its experimental blood cancer drug, pacritinib.
** CEB INC, Wednesday close $61.9, +22.54 pct premarket
** GARTNER INC, Wednesday close $101.79, -4.73 pct premarket
IT research and advisory company Gartner said it would buy CEB, a provider of business research and analysis, in a cash-and-stock deal valued at $2.6 billion to expand its business globally.
** SEARS HOLDINGS CORP, Wednesday close $10.36, +6.37 pct premarket
** STANLEY BLACK & DECKER INC, Wednesday close $116.48, +5.38 pct premarket
Power tool maker Stanley Black & Decker said it agreed to buy Sears Holdings Corp’s Craftsman tool brand for $900 million in cash.
** MONSANTO CO, Wednesday close $105.05, +0.00 pct premarket
The U.S. seeds and agrochemicals company swung to a quarterly profit, helped by higher demand from South America.
** EVOKE PHARMA INC, Wednesday close $2.69, +12.64 pct premarket
Rodman & Renshaw raised its rating and price target on the stock.
** PIERIS PHARMACEUTICALS, Wednesday close $1.4699, +31.98 pct premarket
The company announced a collaboration in immunology with France-based Servier.
** HALOZYME THERAPEUTICS INC, Wednesday close $10.69, +12.25 pct premarket
Halozyme said its flagship drug delivery technology in tandem with therapies from Celgene Corp and Eli Lilly and Co succeeded in a mid-stage study involving patients with an advanced form of pancreatic cancer.
** ALEXION PHARMACEUTICALS INC, Wednesday close $127.11, +4.63 pct premarket
The drugmaker see no need to restate previously issued results, following an investigation related to sales practices of its blood disorder drug, Soliris.
** CESCA THERAPEUTICS INC, Wednesday close $3.67, +14.44 pct premarket
The company announced FDA approval of IDE supplement for Phase III clinical trial.
** AETERNA ZENTARIS INC, Wednesday close $3.65, -34.11 pct premarket
The Canadian drug developer’s experimental test to diagnose adult growth hormone deficiency (AGHD) failed late-stage study.
** HERON THERAPEUTICS INC, Wednesday close $13.8, -9.46 pct premarket
Heron on Wednesday said its experimental combination drug for post-operative pain led to significant reductions in pain intensity and the need for opioids, according to initial data from a mid-stage trial.
At least two brokerages cut their price targets on the stock.
** AMAZON.COM INC, Wednesday close $757.18, +0.43 pct premarket
The online retailer and teen apparel store chain Forever 21 Inc are among the companies weighing offers to acquire bankrupt American Apparel LLC, people familiar with the talks said on Wednesday. (Compiled by Rishika Sadam in Bengaluru; Editing by Maju Samuel)