April 22, 2015 / 1:28 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Angie's List, Coca-Cola, Procera

(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 fell on Wednesday with investors wary of the effect of a strong U.S. dollar on earnings and ahead of housing sector data. Dow Jones industrial average futures were up 0.21 percent at 17,921, S&P 500 futures were up 0.23 percent at 2,095.75 and Nasdaq 100 futures were up 0.29 percent at 4,441.25.

** COCA-COLA CO, Tuesday close $40.78, +2.01 pct premarket

The world’s largest beverage maker reported a rise in revenue for the first time in nine quarters, helped by a 6 percent rise in revenue from North America, its biggest market.

** SYSCO CORP Tuesday close $37.6

The food distributor said it had filed a memorandum opposing the U.S. Federal Trade Commission’s efforts to block its proposed merger with smaller rival U.S. Foods Inc.

** ANGIE’S LIST INC, Tuesday close $6.15, +16.75 pct premarket

The company, which operates a website that allows users to review local businesses, reported a 15 percent rise in quarterly revenue as it earned more from advertising contracts. The company posted a profit of 7 cents per share in the first quarter while analysts’ on average were expecting the company to break even on a per share basis.

** PROCERA NETWORKS, Tuesday close $9.51, +20.61 pct premarket

The network equipment maker is to be bought by private equity firm Francisco Partners Management for about $240 million. Francisco Partners will pay $11.50 per share, a premium of 20.9 percent to Procera’s Tuesday close of $9.51.

** AMGEN INC, Tuesday close $168.46, +2.93 pct premarket

At least eight brokerages raised their price targets on the stock after the company reported higher first-quarter earnings on Tuesday, helped by price increases for its best-selling drugs, as well as lower spending on research and development.

** DOLBY LABORATORIES INC, Tuesday close $38.12, +3.62 pct premarket

The audio technology company’s second-quarter adjusted profit and revenue beat the average analyst estimate and its profit forecast was also above expectations. J.P. Morgan Securities analysts raised their rating on the stock to “overweight” from “neutral” and their price target to $48 from $39.

** ABBOTT LABORATORIES, Tuesday close $47.12, +0.89 pct premarket

The company’s net earnings from continuing operations more than doubled in the first quarter, with strong performance in its branded generics, international nutrition and diagnostics divisions. +16.75

** UNITED RENTALS INC, Tuesday close $97.9, -3.96 pct premarket

The world’s largest equipment rental company cut the top end of its sales forecast for 2015 and estimated rental rates to rise by about 3 percent, compared with its prior outlook of 3.5 pct.

** MASCO CORP, Tuesday close $26.35, +1.59 pct premarket

FBR Capital Markets upgraded the building product maker’s stock to “outperform” from “market perform”, according to Theflyonthewall.com.

** CALAMP CORP, Tuesday close $16.68, +12.95 pct premarket

The wireless device maker reported higher-than-expected fourth-quarter profit and revenue, helped by a 23 percent rise in revenue from its Wireless DataCom unit, its biggest business. +20.61** ILLUMINA INC, Tuesday close $199.31, -0.66 pct premarket

The medical test maker forecast a full-year profit above analysts’ estimates and said it expected revenue to rise 20 percent, including the negative impact of a stronger dollar.

** MYLAN NV, Tuesday close $74.07, +1.12 pct premarket

** TEVA PHARMACEUTICAL INDUSTRIES INC, Tuesday close $64.16, -0.48 pct premarket

Some of the top investors at Mylan, including Paulson & Co, are encouraging its board to consider a takeover proposal from rival Teva Pharmaceutical, according to people familiar with the matter.

** PERRIGO COMPANY PLC, Tuesday close $192.82, +0.89 pct premarket

The Dublin-based company said its board unanimously rejected a $205 per share offer from generic drugmaker Mylan, saying the bid substantially undervalued the company.

** YUM BRANDS INC, Tuesday close $80.85, +3.64 pct premarket

The owner of KFC and Pizza Hut chains on Tuesday said business in China, its biggest market, was recovering from a meat scare at one of its minor suppliers and the division would finish the year strong.

** DUPONT, Tuesday close $70.69, +0.57 pct premarket

The chemical maker’s weak quarterly sales and lowered annual profit forecast provided fresh ammunition to Nelson Peltz in his campaign to win board seats and split up the company.

** CREE INC, Tuesday close $35.4, -3.53 pct premarket

The light-emitting diode maker reported a slightly lower-than-expected third-quarter profit as operating expenses rose. +2.93** CHIPOTLE MEXICAN GRILL INC , Tuesday close $692.52, -5.13 pct premarket

The company said it expects the removal of pork from one-third of its restaurants to hurt sales this year, the burrito chain said, after reporting the slowest same-restaurant sales growth in five quarters.

** VMWARE INC, Tuesday close $85.4, +1.70 pct premarket

The virtualization software maker reported its slowest revenue growth in seven quarters as IT spending remained sluggish and a stronger dollar reduced the value of overseas sales.

** BLACKBERRY LTD, Tuesday close $10.03, +0.10 pct premarket

The smartphone maker said on Tuesday it was launching a new certificate service that will help bring the security level it offers on its phones to a slew of devices from cars to smart meters. Certicom, a subsidiary of BlackBerry and an industry pioneer in elliptic curve cryptography, announced a new offering that it contends will secure millions of devices, expected to be part of the growing Internet of Things (IoT) sphere.

** BROADCOM INC, Tuesday close $43.98, +6.37 pct premarket

The wireless chip maker reported higher-than-expected quarterly revenue and profit, helped by strong sales of its WiFi and broadband chips to smartphone makers such as Apple Inc and Samsung Electronics Co Ltd.

** THERMO FISHER SCIENTIFIC INC, Tuesday close $134.44, -3.30 pct premarket

The world’s largest maker of scientific instruments, on Wednesday lowered its full-year 2015 revenue outlook, citing adverse foreign exchange rates, but raised the lower end of its earnings forecast.

** AUTOLIV, Tuesday close $123.69, -0.76 pct premarket

The auto safety gear maker posted first quarter earnings above market expectations and said it expected organic sales growth of around 6 percent in the second quarter.

** PROTEON THERAPEUTICS INC, Tuesday close $12.23, -1.96 pct premarket

The company's lock-up period expired on Monday and major shareholders and company insiders can now sell their shares (1.usa.gov/1ObNXv3). (Compiled by Rosmi Shaji in Bengaluru)

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