May 1, 2015 / 1:18 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-LinkedIn, Intel, Altera, Gilead

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter, U.S. stocks were poised to open higher on Friday ahead of the release of data that could support signs that the economy is regaining momentum after stumbling in the first quarter. Dow Jones industrial average futures were up 0.65 percent at 17,875, S&P 500 futures were up 0.46 percent at 2,088.5 and Nasdaq 100 futures were up 0.35 percent at 4,423.75.

** LINKEDIN CORP, Thursday close $252.13, -18.81 pct premarket

The business networking website operator slashed its full-year profit forecast, citing slower revenue growth at its hiring business and a delay in recognizing the contribution of, the online education company it has agreed to buy.

** INTEL CORP, Thursday close $32.55, +0.58 pct premarket

** ALTERA CORP, Thursday close $41.68, +7.49 pct premarket

Intel signed a standstill agreement earlier this year with Altera that expires on June 1, giving the world’s largest chipmaker the option to launch a hostile bid after that, according to sources familiar with the matter.

** TESLA MOTORS INC, Thursday close $226.05, +1.47 pct premarket

The carmaker on Thursday unveiled Tesla Energy - storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry.

** GILEAD SCIENCES INC, Thursday close $100.51, +3.18 pct premarket

The drugmaker said on Thursday that its quarterly profit nearly doubled, driven by strong sales of its hepatitis C drugs, as it topped Wall Street estimates.

** VISA INC, Thursday close $66.05, -1.02 pct premarket

The world’s largest credit and debit card company forecast profit below Wall Street expectations for the current quarter, hurt by continued pressure from lower crude prices and a strong dollar.

** LLOYDS BANKING GROUP, Thursday close $4.77, +6.92 pct premarket

Britain’s biggest retail bank is confident next week’s British national election will not derail healthy UK economic growth, it said on Friday after posting first-quarter profit up by a fifth thanks to sharply lower losses on bad loans and wider margins.

** TRANSCANADA CORP, Thursday close $46.42

Canada’s second-largest pipeline company reported a 6.1 percent fall in quarterly net profit, hurt by derivative losses.

** OCWEN FINANCIAL CORP, Thursday close $8.49, +12.96 pct premarket

The mortgage servicer forecast higher-than-expected first-quarter revenue and profit and said it intends to file first-quarter results no later than May 29.

** CVS HEALTH CORP, Thursday close $99.29, +1.23 pct premarket

The No.2 U.S drugstore operator reported a better-than-expected quarterly profit on Friday, helped by higher revenue from its specialty pharmacy services and an increase in pharmacy network claims.

** TETRALOGIC, Thursday close $4.35, -10.34 pct premarket

The drug developer began a public offering of shares of its common stock.

** MONSANTO, Thursday close $113.96

** SYNGENTA, Thursday close $67.04, +14.86 pct premarket

The world’s largest seed company has again approached Switzerland’s Syngenta in recent weeks with an offer to buy the company, Bloomberg reported citing people familiar with the matter.

** FIREEYE INC, Thursday close $41.3, +5.69 pct premarket

The cybersecurity company raised its full-year revenue forecast as governments and businesses increase spending to protect their networks from sophisticated cyber attacks.

** EXPEDIA INC, Thursday close $94.23, +6.12 pct premarket

The company on Thursday reported a first-quarter profit that exceeded analysts’ expectations as it earned more money from travel bookings in and outside the United States, despite foreign currencies falling relative to the U.S. dollar.

** INSULET CORP, Thursday close $29.85, -15.41 pct premarket

The insulin pump maker reported a bigger-than-expected first quarter loss as operating expenses rose.

** SUNPOWER CORP, Thursday close $32.19, -3.70 pct premarket

** FIRST SOLAR INC, Thursday close $59.67, -2.30 pct premarket

The solar panel makers reported a quarterly loss, compared with a year-earlier profit, as they sold fewer power plants ahead of a spinoff of some of their assets into a joint public entity.

** DUKE ENERGY CORP, Thursday close $77.57

The largest U.S. power company by generation capacity reported a higher-than-expected quarterly profit as exceptionally cold winter weather boosted electricity demand.

** ACCURAY INC, Thursday close $8.13

The cancer radiation device maker reported lower-than-expected third-quarter revenue as gross order volumes fell short of the company expectations.

** WESTERN UNION CO, Thursday close $20.28

The world’s largest money-transfer company said it expects pricing for its money transfer services to be at the company’s “historical low single digit range” as it grapples with rising competition.

** DREAMWORKS ANIMATION SKG INC, Thursday close $26.06

The Hollywood studio reported a bigger-than-expected quarterly loss as it spends heavily on restructuring and diversifying its business.


The insurer’s first-quarter earnings fell slightly as low interest rates and weaker returns from alternative investments offset improvements in its commercial insurance business.

** MEDICINES CO, Thursday close $25.61

The U.S. Food and Drug Administration approved the Medicines Co’s drug device Ionsys for postoperative pain for hospital use, the company said on Thursday.

** AMERICAN EXPRESS CO, Thursday close $77.45

Merchants unhappy with the fees AmEx charges them may steer customers toward less expensive cards without fearing retaliation from the credit card company, a federal judge ruled on Thursday. (Compiled by Avik Das in Bengaluru; Editing by Simon Jennings)

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