Jan 17 (Reuters) - Some U.S. stocks to watch on Thursday:
(For more market insights, including options activity, click on
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WALL STREET SET TO GAIN ON EBAY RESULTS, ROSY DATA
Wall Street was set to open higher after
better-than-expected results from online marketplace eBay, and
as data showed first-time claims for unemployment benefits
dropped to a five-year low. S&P 500 futures were up 0.52
percent, Dow Jones industrial average futures up 0.45
percent, and Nasdaq 100 futures up 0.5 percent.
** NASDAQ OMX GROUP Wednesday close $26.85
Nasdaq OMX Group said it is combining its software and
technology units as the exchange operator looks to sell more
services to the companies that list on its exchanges and draw
more revenue from its corporate customers.
** CITIGROUP INC, Wednesday close $42.48, down 2.29
pct premarket
The bank posted $2.32 billion of charges for layoffs and
lawsuits in its first financial report under its new chief
executive, Michael Corbat, who cautioned that the company needs
more time to deal with the problems it faces.
** HERBALIFE LTD, Wednesday close $45.06, down 2.91
pct premarket
The weight loss products company reported preliminary
fourth-quarter earnings above analysts' estimates and said it
expects to restart its share buyback program after being hounded
by activist hedge fund manager William Ackman.
** BANK OF AMERICA CORP, Wednesday close $11.78
The second largest U.S. bank's fourth-quarter profit dropped
after it took some $5 billion of mortgage-related charges, but
the bank showed signs that it was moving past its problems as it
shrank the group that deals with its troubled home loans.
** STRYKER CORP, Wednesday close $59.43
The medical device maker said it will buy Hong Kong-based
Trauson Holdings Co Ltd for $764 million in cash to
expand in China, one of the fastest-growing markets for
orthopaedic products.
** BB&T CORP, Wednesday close $30.31
The regional bank's fourth-quarter profit beat analysts'
estimates by a small margin, as higher demand for refinancing
drove its mortgage banking revenue.
** BLACKROCK INC, Wednesday close $222.24
The world's largest money manager, said its fourth-quarter
profit rose 24 percent, bolstered by increased investor
confidence in global stock markets.
** AVEO PHARMACEUTICALS INC, Wednesday close $8.12,
down 3.2 pct premarket
The drugmaker said it started a public offering of its
common stock in which all of the shares will be sold by the
company. Aveo did not disclose the size or terms of the
offering.
** PNC FINANCIAL SERVICES GROUP INC, Wednesday close
$59.78
The bank's fourth-quarter profit rose 46 percent, boosted by
the sale of a portion of its stake in card network Visa Inc
.
** FIFTH THIRD BANCORP, Wednesday close $15.55
The U.S. regional bank posted a higher quarterly profit on
gains from its share sale in payment processor Vantiv Inc
and said it would set aside less money to cover soured
loans in the first quarter.
** UNITEDHEALTH GROUP INC, Wednesday close $53.66
The largest U.S. health insurer said that it kept
fourth-quarter 2012 costs under control and increased revenue by
more 11 percent, helping earnings per share rise.
** COLUMBIA SPORTSWEAR CO, Wednesday close $52.16,
down 9 pct after market
The company, which designs and markets sportswear under
brands such as Mountain Hardwear, Sorel, Montrail and Pacific
Trail, said fourth-quarter sales were likely to be below its
previous expectations due to low retail traffic and a mild
winter in North America.
** CBS CORP, Wednesday close $37.94, up 9.52 pct
premarket
The media conglomerate is planning to convert part of its
billboard division into a real estate investment trust (REIT),
the company said on Wednesday.
** COUNTRY STYLE COOKING RESTAURANT CHAIN CO,
Wednesday close $8.10, down 6 pct after market
The company expects fourth-quarter revenue to fall slighly
below the bottom range of its previous revenue forecast of $47.4
million. The restaurant chain, based in China, said the lowered
outlook is the result of slower-than-expected store openings.
Country Style Cooking Restaurant said it expects positive
net income for the fourth quarter although it had to contend
with a seasonally slow period, higher raw material costs and
increases in other operating expenses.
** EBAY INC, Wednesday close $52.90, up 3.50 pct
premarket
The e-commerce company reported holiday quarter results that
beat Wall Street expectations as it benefited from a boom in
mobile shoppers, but it gave a 2013 forecast in line with
analyst estimates, restraining share price gains.
** CISCO SYSTEMS INC, Wednesday close $21.03, down
1.5 pct premarket
JP Morgan downgraded the information technology company to
"underweight" from "neutral", according to theflyonthewall.com.
** BOEING CO, Wednesday close $74.34, down 2.04 pct
premarket
Airlines scrambled on Thursday to rearrange flights as
Europe, Japan and India joined the United States in grounding
Boeing's 787 Dreamliner passenger jets while battery-related
problems are investigated.
** GENERAL MOTORS CO, Wednesday close $29.31
The U.S. automaker will invest $1.5 billion in its North
American plants this year, a senior executive said on Wednesday.
North American chief Mark Reuss did not provide details of the
plan in an advance copy of a speech given to Reuters, but it is
a continuation of the company's investment in its home market
since its 2009 bankruptcy and $50 billion U.S. taxpayer-funded
bailout.
** NU SKIN ENTERPRISES INC, Wednesday close $42.5,
up 5 pct premarket
The company forecast fourth-quarter results above analyst
estimates, boosted by higher demand for its anti-aging products.
** DOW CHEMICAL CO, Wednesday close $33.66
The company is preparing to defend itself at trial against
allegations it took part in a conspiracy to fix prices of
chemicals used to make a wide range of foam products found in
cars, furniture and packaging.
** SALLIE MAE, Wednesday close $17.30
The largest U.S. student lender, reported a lower quarterly
profit as it set aside more money to cover soured loans and
forecast 2013 core earnings below analysts' estimates.
** NEWS CORP, Wednesday close $26.99
** VIACOM INC, Wednesday close $57.17
** COMCAST CORP, Wednesday close $39.18
Four Hollywood studios were named on Wednesday in lawsuits
brought by two directors and a representative for late actor
Charles Bronson claiming what could be up to hundreds of
millions of dollars in back royalties on films distributed to
the home video market.
News Corp's 20th Century Fox, Viacom's Paramount Pictures,
Comcast's Universal Pictures and Sony Pictures were
sued in Los Angeles Superior Court.
** CARLYLE GROUP, Wednesday close $27.91
EIG Global Energy Partners LLC has agreed to drop its
opposition of the sale of its former parent, asset manager TCW
Group Inc, to the private equity firm, marking the end of a
four-month legal battle.
** PLEXUS CORP, Wednesday close $25.08, up 4 pct
after market
The contract electronics manufacturer reported
lower-than-expected quarterly results on Wednesday, but forecast
second-quarter revenue to rise sequentially despite losing
biggest customer Juniper Networks Inc.
** GOLDMAN SACHS, Wednesday close $141.09
Top executives at Goldman have been considering deep cuts to
staffing levels and pay for at least two years, but feared too
many layoffs would leave the firm unprepared for an eventual
pickup in business, people familiar with the bank said.
** DELL INC, Wednesday close $12.61
Singapore state investor Temasek Holdings Pte Ltd
is not interested in investing in Dell as part of a consortium
led by private equity firm Silver Lake Partners, a source with
knowledge of the matter said.
Earlier in the day Bloomberg reported that private equity
group Silver Lake Partners is close to arranging about $15
billion in financing for a buyout of Dell.
** APOLLO GLOBAL MANAGEMENT, Wednesday close $19.83
Mexico's Grupo Bimbo and a partnership between
Apollo Global Management and veteran food executive C. Dean
Metropoulos are among the leading candidates to buy Hostess
Brands Inc's snack cake brands, according to three people
familiar with the matter.
** K-SWISS INC, Wednesday close $3.19
U.S. footwear maker K-Swiss said it has agreed to be
acquired by South Korean retailer E-Land World Ltd for $4.75 per
share in cash in a deal valued at about $170 million.
** MONDELEZ INTERNATIONAL, Wednesday close $27.82
** KELLOGG CO, Wednesday close $53.03
Kraft Foods Global Brands LLC, a subsidiary of Mondelez,
sued Kellogg's North American unit on Wednesday claiming the
food maker improperly uses one of its patents to keep Keebler
and Sandies cookies fresh.
** AMERICAN EXPRESS CO Wednesday close $60.62
The credit card company reports fourth-quarter results after
market close on Thursday.
** CAPITAL ONE FINANCIAL CORP Wednesday close $61.75
The lender reports fourth-quarter results after market close
on Thursday.
** XILINX INC Wednesday close $36.20
The programmable chipmaker reports third-quarter results
after market close on Thursday.
** INTEL CORP Wednesday close $22.11
The chipmaker reports quarterly earnings after market close
on Thursday.
(Compiled by Arpita Mukherjee in Bangalore)
Source: http://news.yahoo.com/market-pulse-herbalife-citigroup-blackrock-cbs-142735844--sector.html
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