February 16, 2017 / 12:47 PM / a year ago

BUZZ-U.S. STOCKS ON THE MOVE-Kraft, Cisco, Molina Healthcare, TripAdvisor

* Eikon search string for individual stock moves: STXBZ

* The Day Ahead newsletter: tmsnrt.rs/2ggOmBi

* The Morning News Call newsletter: tmsnrt.rs/2fwPLTh U.S. stock index futures dipped slightly on Thursday, as investors looked for fresh catalysts to keep up Wall Street's record-setting run as the outlook for the economy brightened.

Dow Jones Industrial Average futures were down 0.16 percent at 20,591, S&P 500 futures were down 0.17 percent at 2,346.5 and Nasdaq 100 futures were down 0.02 percent at 5,308.75.

** KRAFT HEINZ CO, down 2.2 pct at $89.1 premarket

The maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, reported a higher-than-expected adjusted profit, helped by lower costs.

** CENOVUS ENERGY INC, up 3.0 pct at $14.14 premarket

Canadian oil and gas producer Cenovus Energy Inc reported a surprise quarterly profit as production rose and costs fell.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, up 2.3 pct at $17.24 premarket

The U.S. Food and Drug Administration on Wednesday approved Valeant Pharmaceuticals International Inc’s Siliq to treat adults with moderate-to-severe plaque psoriasis.

** CISCO SYSTEMS INC, up 1.5 pct at $33.3 premarket

The network gear maker reported higher-than-expected quarterly revenue and profit, helped mainly by strong demand for its security products.

** MOLINA HEALTHCARE INC, down 14.4 pct at $51.24 premarket

The Medicaid-focused health insurer reported a fourth-quarter loss and forecast 2017 profit far below Wall Street estimates, blaming Obamacare for its disappointing financial performance.

** TRIPADVISOR INC, down 6.0 pct at $49.56 premarket

The travel review website reported lower-than-expected quarterly revenue, hurt by a fall in display advertisements on its websites and a drop in subscription revenue.

** ALEXION PHARMACEUTICALS INC, up 3.0 pct at $136 premarket

The biotechnology company reported an 18.5 percent rise in fourth-quarter revenue, helped by demand for its costly rare blood disorder drug Soliris.

** CBS CORP, untraded premarket

The owner of the most widely-viewed U.S. television network, reported a fourth-quarter profit that beat analysts’ estimates, helped by higher political advertising and a rise in retransmission revenue.

** TIME INC, untraded premarket

The publisher of Sports Illustrated, People and Time magazines, reported a 1.1 percent fall in quarterly revenue on Thursday due to a stronger dollar.

** ENCANA CORP, untraded premarket

The Canadian oil and natural gas producer reported a quarterly operating profit that topped analysts’ estimates and boosted its 2017 capital expenditure target by 50 percent from a year earlier.

** WENDY’S CO, untraded premarket

The U.S. burger chain reported higher-than-expected quarterly sales at established restaurants as it attracted more diners with its value meals.

** ALIBABA GROUP HOLDING LTD, up 0.2 pct at $101.77 premarket

Two container shipping lines, France’s CMA CGM and Israel’s Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.

** CREE INC, untraded premarket

U.S. government security panel CFIUS has not suggested any measures that could address its concerns over plans by Infineon Technologies to buy Cree’s Wolfspeed Power, according to a prepared speech by the German chipmaker’s chief executive.

** AVON PRODUCTS INC, untraded premarket

The maker of Skin-So-Soft and Avon Naturals cosmetics brands reported fourth-quarter revenue and profit that missed estimates as demand slipped in all but one of its markets.

** WALT DISNEY CO, untraded premarket

The media and major retailers will release the galaxy’s newest “Star Wars” toys at a Sept. 1 midnight event ahead of the holiday debut of the next film in the saga, “The Last Jedi,” company executives told Reuters.

** ON DECK CAPITAL INC, untraded premarket

The marketplace lender reported a bigger loss for the fifth straight quarter and said it would reduce headcount by 11 percent. (Compiled by Anya George Tharakan in Bengaluru; Editing by Savio D’Souza)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below