April 29, 2015 / 11:29 AM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Lumber Liquidators, Twitter, Hilton

(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 were lower on Wednesday as investors await the outcome of the two-day Federal Reserve meeting and ahead of U.S. economic growth numbers for the first quarter. Dow Jones industrial average e-mini futures were down 0.24 percent at 18,014, S&P 500 futures were down 0.24 percent at 2,107 and Nasdaq 100 futures were down 0.33 percent at 4,501.

** LUMBER LIQUIDATORS HOLDINGS INC, Tuesday close $33.42, -11.58 pct premarket

The hardwood flooring retailer reported a 2 percent fall in net sales so far in April and said it could not provide a full-year forecast.

** TWITTER INC, Tuesday close $42.27, -0.43 pct premarket

The Microblogging site reported quarterly revenue that fell short of Wall Street estimates and cut its full-year forecast due to weak demand for its new direct response advertising.

** HILTON WORLDWIDE HOLDINGS INC, Tuesday close $29.44, +2.58 pct premarket

The hotel operator reported higher-than-expected quarterly revenue, helped by higher room rates and increased occupancy.

** ARIAD PHARMACEUTICALS INC , Tuesday close $8.87, +3.83 pct premarket

Sarissa Capital Management LP said Ariad’s Harvey Berger would retire as CEO as part of a deal to settle the hedge fund’s proxy battle with the drugmaker.

** EATON CORP PLC, Tuesday close $68.61, +0.57 pct premarket

The maker of electrical and hydraulic systems reported a 5 percent drop in quarterly revenue, hurt by a decline in sales in its electrical business.

** XPO LOGISTICS INC, Tuesday close $42.45, +11.07 pct premarket

The company has agreed to buy France’s Norbert Dentressangle SA for $3.53 billion, including debt, in a deal it says will make it one of the top 10 logistics company in the world.

** KRAFT FOODS GROUP INC, Tuesday close $85.88, -2.46 pct premarket

The company, which is merging with ketchup maker H.J. Heinz Co, on Tuesday reported profit that topped analyst estimates, driven by reduced advertising spending and overhead.

But the company missed revenue expectations amid sluggish demand for its meals and desserts.

** SPECTRUM BRANDS HOLDINGS INC, Tuesday close $88.08, +0.19 pct premarket

The consumer products company agreed to buy Armored AutoGroup Parent Inc, a maker of car care products, for $1.4 billion from private equity firm Avista Capital Partners.

** BARCLAYS PLC, Tuesday close $16.09, -0.75 pct premarket

The British bank set aside another 800 million pounds ($1.2 billion) on Wednesday to cover potential settlements for alleged foreign exchange manipulation, hitting profits and reflecting its struggle to put past problems behind it.

** AKAMAI TECHNOLOGIES INC, Tuesday close $76.07, -4.60 pct premarket

The company, whose service helps speed up delivery of online content, forecast current-quarter profit below analysts’ expectations, citing a stronger dollar.

** UNITED STATES STEEL CORP, Tuesday close $26.78, -7.09 pct premarket

The U.S. steelmaker cut its full-year forecast for adjusted earnings before interest, taxes, depreciation and amortization forecast to $700 million to $900 million from $1.1 billion to $1.4 billion.

** WYNN RESORTS LTD, Tuesday close $130.48, -10.35 pct premarket

The casino operator reported weaker-than-expected first-quarter profit, hurt by lower revenue from its Macau operations.

** HUMANA INC, Tuesday close $181.11

The U.S. health insurer reported a rise in quarterly profit as it added more members to its individual Medicare Advantage business.


The Canadian drugmaker Inc reported a quarterly profit, compared with a year-ago loss, driven by higher demand in the United States.

** IAC/INTERACTIVECORP, Tuesday close $71.46

The company, which owns video sharing service Vimeo and education service Princeton Review, reported a higher-than-expected quarterly profit as subscription revenue rose from its dating websites and the company said user response to the paid version of its Tinder dating app was better than it had anticipated.

** GENWORTH FINANCIAL INC, Tuesday close $7.99

The life and mortgage insurer on Tuesday reported a quarterly profit that beat analysts’ estimates, helped by a higher income from its mortgage insurance units in the U.S. and Canada.

** CLIFFS NATURAL RESOURCES INC, Tuesday close $5.87

The coal and iron ore producer reported a 28 percent fall in quarterly revenue, and the company cut its capital budget as prices tumble.


The mattress maker reported a 5.4 percent rise in quarterly sales, helped by higher demand in its North America business, the company’s largest market. (Compiled by Avik Das in Bengaluru; Editing by Simon Jennings)

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