February 16, 2017 / 2:12 PM / 7 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Kate Spade, Cisco, Molina Health, TripAdvisor, NetEase

* 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. stocks were set to dip slightly at the open 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 0.12 percent at 20,598, S&P 500 futures were down 0.14 percent at 2,347.25 and Nasdaq 100 futures were down 0.04 percent at 5,308.

** KATE SPADE & CO, up 11.0 pct at $21.83 premarket

The handbag and accessories maker said it is exploring strategic alternatives and reported fourth-quarter results.

** DEAN FOODS CO, down 7.1 pct at $19 premarket

The largest U.S. dairy processor reported its eighth straight quarter without revenue growth as milk volume sales dropped slightly.

** CISCO SYSTEMS INC, up 1.3 pct at $33.25 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 18.2 pct at $48.97 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 6.1 pct at $49.5 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.

** KRAFT HEINZ CO, down 2.6 pct at $88.7 premarket

The maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, whose shares have risen 26 percent in the past year to touch a record high on Wednesday, reported a higher-than-expected adjusted profit, helped by lower costs.

** ALEXION PHARMACEUTICALS INC, up 4.6 pct at $138.05 premarket

The biotechnology company forecast 2017 revenue that will likely quell investor concerns, as the drugmaker looks to steady the ship following the recent exits of its chief executive and chief financial officer.

** NETEASE INC, up 7.8 pct at $282.27 premarket

The Chinese internet company reported better-than-expected Q4 revenue, helped by growth in its mobile gaming business, prompting two brokerages to raise their PT on the stock.

** AVON PRODUCTS INC, down 7.5 pct at $5.42 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.

** CENOVUS ENERGY INC, up 5.0 pct at $14.41 premarket

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

** HHGREGG INC, up 9.3 pct at $0.47 premarket

The appliance retailer said it had hired Stifel Financial Corp to advise it on strategic and financial transactions, as the company struggles with sales declines.

** TIME INC, down 1.1 pct at $18.795 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.

** WENDY‘S CO, down 0.6 pct at $14.25 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 $101.8 premarket

Two container shipping lines 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.

** TRANSCANADA CORP, up 1.0 pct at $48 premarket

Canada’s No. 2 pipeline operator reported a better-than-expected quarterly profit, helped by strength in its U.S. and Mexican pipeline businesses.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, up 1.7 pct at $17.14 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.

** 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.

** DUKE ENERGY CORP, down 0.5 pct at $76.36 premarket

The biggest U.S. power company by generation capacity posted a quarterly loss, stemming from the sale of its international business last year. (Compiled by Anya George Tharakan in Bengaluru; Editing by Savio D‘Souza)

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