(Corrects Bank of America item to show bond trading revenue plunged 30 percent to $1.46 billion, not 21 percent to $1.5 billion) (For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)
U.S. stock index futures dipped in choppy trading on Thursday, fluctuating between gains and losses, after the Swiss National Bank scrapped its three-year euro cap on the franc. Dow Jones industrial average e-mini futures were up 0.01 percent at 17,366, S&P 500 futures were down 0.11 percent at 2,005.25 and Nasdaq 100 futures were down 0.21 percent at 4,137.
** BANK OF AMERICA CORP, Wednesday close $16.04, -2.74 pct premarket
The second-largest U.S. bank by assets reported a 14 percent fall in quarterly profit as revenue from fixed-income trading fell.
Bond trading revenue plunged 30 percent to $1.46 billion.
** CITIGROUP INC, Wednesday close $49.05, -0.82 pct premarket
The bank, in the midst of a pullback from consumer banking in several international markets, eked out a slim fourth-quarter profit after taking charges of $3.5 billion to settle legal claims and overhaul its operations.
** BEST BUY CO INC, Wednesday close $39.91, -7.57 pct premarket
The electronics retailer said it expects same-store sales growth to be flat to negative in the first two quarters of its fiscal year starting February.
** LENNAR CORP, Wednesday close $45.76, +1.07 pct premarket
The U.S. homebuilder reported a 50 percent rise in quarterly profit as it sold more homes at higher prices, and said orders rose 22 percent.
Total revenue rose about 35 percent to $2.58 billion.
** EHEALTH INC, Wednesday close $20.8, -44.18 pct premarket
The health insurance exchange’s stock had plunged 47 percent in extended trading on Wednesday after it forecast a surprise adjusted loss for 2014.
Citigroup cut its price target on the stock to $8 from $12, which was already the lowest on Wall Street.
** PILGRIMS PRIDE CORP, Wednesday close $31.53, +13.70 pct premarket
The No. 2 U.S. chicken processor’s board declared a cash dividend of $1.5 billion, or $5.77 per share.
** COEUR MINING INC, Wednesday close $5.32, +5.26 pct premarket
The gold and silver miner said it expects to produce 284,000-313,000 ounces of gold in 2015, above 2014 production of 249,384 ounces.
Coeur said the Wharf gold mine, bought from Goldcorp Inc , is expected to produce 85,000-90,000 ounces of gold in 2015.
** BLACKROCK INC, Wednesday close $345.75
The world’s largest money manager reported a 3.3 percent fall in fourth-quarter profit as the company earned less from investment advisory performance fees.
** BLACKBERRY LTD, Wednesday close $12.595, -15.68 pct premarket
The Canadian smartphone maker says it has not engaged in discussions with Samsung Electronics Co Ltd with respect to any possible offer to purchase the company.
BlackBerry shares soared nearly 30 percent on Wednesday following a Reuters report that Samsung offered to buy it for as much as $7.5 billion. The report cited a person familiar with the matter and documents seen by Reuters.
Samsung told Reuters in Seoul that it has no plans to acquire BlackBerry.
** JPMORGAN CHASE & CO, Wednesday close $56.81, -0.33 pct premarket
Senior executives at JPMorgan are pressuring managers across the bank to cut costs, after disappointing revenue growth has hurt profits, a person familiar with the matter told Reuters on Wednesday.
** RADIOSHACK CORP, Wednesday close $0.4101, -31.72 pct premarket
The electronics retailer might prepare to file for bankruptcy protection by next month, the Wall Street Journal reported, citing people familiar with the matter.
** FAMILY DOLLAR STORES INC, Wednesday close $76.3
Changing their previous stance, two influential proxy advisory firms advised Family Dollar’s shareholders to vote for the retailer’s acquisition by Dollar Tree Inc, saying the deal offered more certainty of closure.
** CAESARS ENTERTAINMENT CORP, Wednesday close $12.71
The operating unit of the largest U.S. casino company, filed for Chapter 11 bankruptcy on Thursday to implement its plan to cut $10 billion of debt.
** AEGERION PHARMACEUTICALS INC, Wednesday close $24.09
Several of the top 10 investors in the drug company are pushing the company to oust Chief Executive Marc Beer and consider selling itself after a year-long slump in its stock price, according to people familiar with the matter.
** CONTINENTAL RESOURCES INC, Wednesday close $37.98
The oil and gas company said that Harold Hamm, its chief executive officer and majority shareholder, has pledged about one-fourth of the company shares he owns as collateral for a personal loan, according to a regulatory filing.
** GOOGLE INC, Wednesday close $505.93
The internet search company has begun discussions with most of the world’s top automakers and has assembled a team of traditional and nontraditional suppliers to speed efforts to bring self-driving cars to market by 2020, a Google executive said on Wednesday. [IS:nL1N0UT21E]
** FACEBOOK INC, Wednesday close $76.28
The social networking company on Wednesday launched a mobile phone application that gives Colombian users free access to a handful of online services, broadening Chief Executive Officer Mark Zuckerberg’s effort to boost Internet usage in developing markets.
** NORTHROP GRUMMAN CORP, Wednesday close $152.11, +0.03 pct premarket
** BOEING CO, Wednesday close $130.38, +0.48 pct premarket
The defense contractor beat Boeing to win a contract worth up to $963.5 million to maintain the U.S. stockpile of intercontinental ballistic missiles, the Pentagon announced on Wednesday.
** TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD, Wednesday close $21.06, +4.46 pct premarket
The chip supplier to Apple Inc reported a record net profit on Thursday and said the proliferation of low-priced, chip-hungry smartphones in China could see the company expand production in the world’s biggest handset market.
** ADOBE SYSTEMS INC, Wednesday close $69.99, +0.91 pct premarket
The maker of Photoshop editing software said it would buy back up to $2 billion of its shares through the end of fiscal 2017
** SILVER STANDARD RESOURCES INC, Wednesday close $6.02, +3.82 pct premarket
The Canadian miner said it produced 8.7 million ounces of silver at its Pirquitas mine in Argentina in 2014, exceeding its forecast of 8.2 million-8.6 million ounces.
Silver Standard said it expects to produce 9 million-10 million ounces in 2015 at Pirquitas.
The company also said it expects gold production of 160,000-175,000 ounces at Marigold mine in Nevada in 2015, higher than 2014 production of 129,615 ounces.
** EDUCATIONAL DEVELOPMENT CORP, Wednesday close $5.64
The children’s bookseller’s third-quarter profit fell 3.9 percent, hurt by the timing of large orders in the publishing division and sales incentives in the Usborne Books & More division. (Compiled by Yashaswini Swamynathan in Bengaluru, Editing by Simon Jennings)