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U.S. stock index futures rose on Thursday, following a record close on the S&P 500 index, lifted by strong data overseas and better than forecast results from Facebook. Dow Jones industrial average e-mini futures were up 0.20 percent at 17,059, S&P 500 futures were up 0.24 percent at 1,985.5 and Nasdaq 100 futures were up 0.38 percent at 3,990.5.
** FACEBOOK INC, Wednesday close $71.29, +8.75 pct premarket
Facebook’s fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street’s financial targets and sending shares to a record-high in after-hours trading on Wednesday.
** CATERPILLAR INC, Wednesday close $108.38, -1.76 pct premarket
The world’s largest mining equipment maker reported lower-than-expected second-quarter sales due to weak demand from miners.
The company’s sales fell 3 percent to $14.15 billion, lower than the average analyst estimate of $14.4 billion.
** UNION PACIFIC CORP, Wednesday close $102.51, +0.10 pct premarket
The largest publicly traded U.S. railroad reported a 17 percent rise in quarterly profit, partly due to a rise in shipments at its agricultural products business.
** NOKIA CORP, Wednesday close $7.68, +7.81 pct premarket
The Finnish telecoms gear maker surprised investors with strong quarterly earnings and raised its full-year profit margin forecast as network operators installed more powerful systems to cope with surging mobile data traffic.
** FORD MOTOR CO, Wednesday close $17.78, +1.52 pct premarket
The car maker’s operating earnings for the second quarter beat Wall Street expectations as better-than-expected profits in North America and Europe countered weaker results in Asia Pacific and South America.
** AT&T INC, Wednesday close $35.88, -1.76 pct premarket
The telecommunications services provider’s quarterly revenue rose a weaker-than-expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins.
** QUALCOMM INC, Wednesday close $81.6, -4.90 pct premarket
One of the world’s biggest mobile chipmakers’ outlook for the September quarter was below Wall Street’s expectations. The company also said it was having trouble collecting royalties in China.
Separately, China’s antitrust regulator has confirmed that Qualcomm has a monopoly, the state-run Securities Times newspaper reported on Thursday, as Qualcomm’s chief executive held talks in China.
** ELI LILLY AND CO, Wednesday close $64.25
The drug maker’s quarterly revenue plunged due to generic competition for its Cymbalta depression drug and its Evista osteoporosis treatment, but earnings beat forecasts, helped by cost controls.
** BRISTOL-MYERS SQUIBB CO, Wednesday close $49.32, +0.67 pct premarket
The drug maker reported better-than-expected quarterly profit and revenue, helped by cost controls and strong sales of its Eliquis blood clot preventer and Yervoy treatment for melanoma.
** NASDAQ OMX GROUP INC, Wednesday close $41.15
The transatlantic exchange operator reported a higher second-quarter profit as it absorbed recent acquisitions and revenue increased across its business units.
** UNDER ARMOUR INC, Wednesday close $60.63, +5.66 pct premarket
The sports apparel retailer’s quarterly revenue rose by more than a third as warmer weather in May and June drove demand for sports apparel and shoes.
** ALASKA AIR GROUP, Wednesday close $49.69, +1.63 pct premarket
The airline reported a higher second-quarter profit, aided by lower fuel and maintenance costs and fees for items such as checked baggage.
Net income rose to $1.19 a share, compared with 74 cents a share, a year earlier. Adjusted for fuel hedges, profit was $1.13 a share.
** TRIPADVISOR INC, Wednesday close $107.36, -11.51 pct premarket
The online travel research company reported a lower-than-expected quarterly profit as total selling and marketing costs rose 53 percent to $127 million.
** ANGIE’S LIST INC, Wednesday close $10.17, -22.52 pct premarket
The operator of a website that allows users to review local businesses forecast quarterly revenue below estimates and reported a bigger-than-expected quarterly loss as it spent more to sign up customers.
** SKECHERS USA INC, Wednesday close $48.41, +9.48 pct premarket
The sport shoes maker’s second-quarter revenue and profit beat analysts’ expectations, helped mainly by higher demand for new products.
The company’s sales rose 37.1 pct to $587 million - its highest ever.
** CIRRUS LOGIC INC, Wednesday close $23.97, -5.30 pct premarket
The supplier of audio chips for the iPhone forecast current-quarter revenue slightly below the midpoint of analysts’ estimates.
** F5 NETWORKS INC, Wednesday close $110.81, +0.63 pct premarket
The network equipment maker reported a 19 percent rise in third-quarter revenue, helped by strong sales of its data traffic management and network security products.
** FORTINET INC, Wednesday close $24.03, +8.20 pct premarket
The enterprise network security services provider reported quarterly profit and revenue above analysts’ average expectation, helped by strong demand for its hi-end software security products.
** RAYTHEON CO, Wednesday close $95.37
The U.S. weapons maker reported a 13 percent rise in second-quarter profit due to favorable pension adjustments and the company maintained its full-year forecast.
** PULTEGROUP INC, Wednesday close $19.84
The U.S. homebuilder reported a 15 percent rise in quarterly profit as it sold homes at higher prices, but said orders fell 2.2 percent.
** LAZARD LTD, Wednesday close $50.88
The investment bank and asset manager reported a better-than-expected quarterly profit, as merger and acquisition advisory and asset management fees rose amid an increase in corporate deals.
** UBS AG, Wednesday close $18.24
The Swiss bank said it was ordered by French officials on Wednesday to pay 1.1 billion euros ($1.48 billion) in bail after being put under formal investigation over allegations it laundered the proceeds of tax evasion.
** TECK RESOURCES LTD, Wednesday close $23.87
The Canadian diversified miner reported a 44 percent drop in quarterly earnings, mainly due to “significantly” lower coal prices.
** ENCANA CORP, Wednesday close $22.09, +0.00 pct premarket
Canada’s largest natural-gas producer posted a steeper-than-expected 31 percent fall in quarterly operating profit, hurt by lower gas production and prices.
** DUNKIN’ BRANDS GROUP INC, Wednesday close $43.96, -5.60 pct premarket
The parent of Dunkin’ Donuts and Baskin-Robbins ice cream reported weaker-than-expected U.S. quarterly same-restaurant sales due in part to a cold and rainy start to the spring season, and cut its full-year adjusted profit and sales forecasts.
** DIAMOND OFFSHORE DRILLING INC, Wednesday close $50.04, -2.08 pct premarket
The offshore rig contractor’s quarterly profit more than halved as drilling revenue fell 18 percent.
** O’REILLY AUTOMOTIVE INC, Wednesday close $146.61, +3.76 pct premarket
The auto parts retailer’s second-quarter profit topped the average analyst estimate, helped by strong U.S. auto demand.
Barclays raised its price target on the stock to $180 from $170 and Credit Suisse to $175 from $150. The median price target on the stock is $163, according to Thomson Reuters data.
** PRECISION DRILLING CORP, Wednesday close $13.73
Canada’s largest oil and gas drilling contractor reported a 25 percent jump in quarterly revenue as its rigs under contract were at their highest level since 2006.
** BREITBURN ENERGY PARTNERS LP, Wednesday close $22.81, -1.97 pct premarket
** QR ENERGY LP, Wednesday close $18.87, +13.41 pct premarket
Breitburn Energy offered to buy QR Energy for $1.46 billion to become one of the largest U.S. oil producers structured as a master limited partnership (MLP).
** GILEAD SCIENCES INC, Wednesday close $90.34, +1.28 pct premarket
The drugmaker said on Wednesday that its new hepatitis C drug Sovaldi had sales of $3.5 billion in the second quarter, demonstrating that the furor over its price has not curtailed early use.
** NOBLE ENERGY INC, Wednesday close $74.21
The oil and natural gas producer’s net income nearly halved due to a $187 million loss on commodity derivatives.
** CLIFFS NATURAL RESOURCES INC, Wednesday close $15.48
The miner, facing off against an activist fund that wants to replace its chief executive, reported a bigger-than-expected quarterly loss on Wednesday because of weak commodity prices and a decline in sales volumes.
** GENERAL MOTORS CO, Wednesday close $37.41, -2.19 pct premarket
The car maker reported a lower second-quarter profit due to numerous recalls and the expected cost of at least $400 million for its victims’ compensation fund for those killed or injured by a defective ignition switch linked to at least 13 deaths.
** UNITED CONTINENTAL HOLDINGS, Wednesday close $46, +5.33 pct premarket
The company reported strong second quarter results aided by higher prices as it flew fuller planes. Net income rose to $2.01 a share, compared with $1.21 a share, a year earlier.
** NOVARTIS AG, Wednesday close $89.02, +0.12 pct premarket
** AMGEN INC, Wednesday close $89.02, +0.12 pct premarket
U.S. regulators have accepted an application by Sandoz - the generics arm of Novartis - seeking approval for a copycat version of Amgen’s drug Neupogen, or filgrastim, for patients with low white blood cell counts.
** SPECTRANETICS CORP, Wednesday close $25.16, +5.48 pct premarket
The U.S. FDA cleared the medical device maker’s products - Turbo-Tandem and Turbo Elite - to treat in-stent restenosis (ISR), a condition in which a blockage recurs in an artery after usage of a stent. The company said over 115,000 ISR procedures were performed annually in the United States.
Of the nine analysts covering the stock, four had “strong buy”, four “buy”, with only one “sell” recommendation.
** RAYMOND JAMES FINANCIAL INC, Wednesday close $50.24
The brokerage and investment bank said on Wednesday that its quarterly profit jumped 46 percent from last year, driven by growth in its asset management business.
** HANESBRANDS INC, Wednesday close $98.07
The underwear maker raised its full-year adjusted earnings forecast to $5.20-$5.40 per share. The company’s second quarter earnings beat analysts’ average estimate, helped by benefits from recent acquisitions.
The company also bought Paris-based DBApparel last month and rival Maidenform Brands Inc last year. (Compiled by Shubhankar Chakravorty in Bangalore; Editing by Simon Jennings)