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(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s)U.S. stocks were little changed on Wednesday, with technicals infocus and scant key items on the U.S. economic calendar,following yet another record close on the benchmark S&P 500index. The Dow Jones industrial average was down 0.11percent at 16,657.33, the S&P 500 was up 0.02 percent at1,912.33 and the Nasdaq Composite was up 0.46 points or0.01 percent to 4,237.53.
** FIRST SOLAR INC, $63.25, +3.25 pct
Brokerage Stifel Nicolaus resumed its rating on the solarmodule maker's stock with a "buy' rating and a target price of$75. Analysts believe the company is well placed "to takeadvantage of global solar PV growth tailwinds" with growth inannual installation to about 60 GW in 2016.
** OILTANKING PARTNERS LP, Tuesday close $87.62,+2.24 pct premarket
The pipeline and storage company announced on Wednesdayplans for a two-for-one unit split. "The unit split will makethe partnership's units more accessible to a broader base ofpotential investors and enhance liquidity for all unitholders,"Chief Executive Ken Owen said.
** SANDISK CORP, Tuesday close $95.5, +0.98 pctpremarket
UBS Investment Research on Tuesday raised its price targetto $110 from $90 on the memory chipmaker's stock, as itanticipates the shift to 3D NAND from 2D NAND to boost averageselling price of memory chips.
** DAKTRONICS INC, Tuesday close $14.47, -10.16 pctpremarket
The supplier of electronic displays and scoreboards reportedlower-than-expected results for the fourth quarter, hurt by afall in sales of its schools & theaters and transportationbusinesses.
** PETROLOGISTICS LP, $14.19, +9.74 pct
A Koch Industries Inc unit will takePetroLogistics LP private in a deal worth $2.1 billion,including debt, gaining control of a plant that can convertcheap U.S. shale gas into propylene, a key petrochemical used tomake plastics. PetroLogistics shares were the top percentagegainers on the New York Stock Exchange.
** DSW INC, $24, -26.20 pct
The shoe retailer reported first-quarter results that missedanalysts' estimates, hurt by unseasonal weather and anaggressively promotional retail environment. The company alsoforecast fiscal 2014 adjusted earnings below the average analystestimate. DSW shares were the top percentage loser on the NewYork Stock Exchange.
** TWITTER INC, $31.47, +3.15 pct
Nomura Securities raised its rating on the microbloggingwebsite's shares to "buy" from "neutral", saying advertising onTwitter is steadily becoming a bigger part of ad budgets and itsrevenue from outside the United States is expected to grow.
** ACURA PHARMACEUTICALS INC, $1.03, -18.25 pct
The biotechnology company on Tuesday said the U.S. healthregulator advised Acura that mid-stage study data of its experimental drug to deter the abuse of ahydrocodone/acetaminophen painkiller, are insufficient tosupport an intranasal abuse deterrence claim.
The hydrocodone/acetaminophen combination painkiller, widelyreferred to as the generic vicodin, is sold under a variety ofnames.
** CHINA SUNERGY CO LTD, $3.43, -9.50 pct
The solar company reported a smaller loss in the firstquarter, helped by increase in shipments to higher-marginmarkets like Japan and France. Net income attributable toshareholders narrowed to $14.7 million, or 99 cents per Americandepository share (ADS) in the quarter ended March 31, from $22.9million, or $1.71 per ADS, a year earlier.
** WET SEAL INC, $0.9, -10.89 pct
Women's apparel retailer reported a bigger-than-expectedquarterly loss, hurt by a double-digit fall in comparable-storesales.
** JDS UNIPHASE CORP, $11.208, +2.64 pct
The maker of fiber optic components used in networkcommunication equipment said on Tuesday it will buy back up to$100 million of its common stock through open market or privatetransactions.
The company, which had $926.2 million in cash on March 29,will repurchase the shares by June 27, 2015.
** MAGNUM HUNTER RESOURCES CORP, $7.63, +4.09 pct
The oil and gas producer said it would sell 21.4 millionshares of the company's common stock at $7 each in a privateoffering. The offer represents a 4.5 percent discount to thestock's Tuesday close of $7.33.
** BIOCRYST PHARMACEUTICALS INC, $9.69, -3.00 pct
The company said it plans to sell some shares and estimatedthat its full-year operating expenses would be at the higher endof the $48 million-$59 million it had earlier forecast.Accelerated development of its oral hereditary disorder drugwould push up costs.
BioCryst on Tuesday said the preventive hereditaryangioedema treatment was found superior to a placebo in amid-stage trial.
** HEALTH CARE REIT INC, $62.28, -3.34 pct
The real estate investment trust was offering 12 millioncommon shares and would use part of the net proceeds to investin healthcare and housing properties along with the repayment ofadvances under its primary unsecured credit facility. Thecompany said it expected to acquire around $414 million ofsenior housing and medical housing properties in second quarter.
** 3D SYSTEMS CORP, $51.8, -8.55 pct
The 3D printer maker announced an offering of 6 millionshares on Tuesday. It plans to use the proceeds foracquisitions.
Pacific Crest cut its price target on the stock to $59 from$65 on Wednesday, saying that plans for making a largeacquisition will do little to quell concerns that the company isgrowing primarily through acquisitions.
** FORMFACTOR INC, $6.7, +9.48 pct
The semiconductor wafer probe maker raised itssecond-quarter revenue forecast as it expects higher sales ofits memory chips. The company raised its revenue forecast tobetween $65 million and $69 million from $62 to $66 million.
Brokerage B. Riley & Co raised its rating on the stock to"buy", while Needham & Co raised its price target to $9 from $8.
** QIHOO 360 TECHNOLOGY CO LTD, $95.07, +5.66 pct
The China-based antivirus software maker and search engineprovider on Tuesday reported better-than-expected first-quarterprofit and revenue, helped by higher subscription for thecopany's mobile security product.
** WORKDAY INC, $81.75, -0.46 pct
The software vendor raised its full-year revenue forecastafter reporting better-than-expected quarterly revenue as morecompanies, especially in the financial sector, opted for itsweb-based human resources software.
** TOLL BROTHERS INC, $36.84, +3.37 pct
** D.R. HORTON INC, $23.48, +1.51 pct
** PULTEGROUP INC, $19.99, +0.96 pct
** LENNAR CORP, $40.96, +1.21 pct
** KB HOME, $16.8, +1.33 pct
The largest U.S. luxury homebuilder said quarterly profitmore than doubled as it sold more homes at higher prices.
Shares of peers D.R. Horton, Pultegroup, Lennar and KB Homewere also up on the news.
** ALLERGAN INC, $157.57, -4.51 pct
** VALEANT PHARMACEUTICALS INTERNATIONAL INC,$124.44, -4.24 pct
Canadian drugmaker Valeant Pharmaceuticals raisedthe cash component of its unsolicited offer for Botox-makerAllergan, valuing the U.S. firm at $49.44 billion and ratchetingup pressure on the target company. Valeant's sweetened offeralso included a contingent value right that could be worth anadditional $7.6 billion.
Also, Nestle SA said it was boosting its emergingskincare business by buying the rights to several dermatologyproducts from the Canadian drugmaker for $1.4 billion in cash.
** SYNAPTICS INC, $63.3, +4.68 pct
Japanese semiconductor manufacturer Renesas Electronics Corp plans to sell its majority stake in a maker of displaychips for Apple Inc's iPhone to the smartphone chipsupplier, according to sources familiar with the matter.
** GLAXOSMITHKLINE PLC, $54.33, -1.15 pct
Britain's fraud office has launched a formal criminalinvestigation into the drugmaker, posing a new challengeto the company, which already faces claims of bribery in Chinaand four other countries.
** TATA MOTORS LTD, $38.91, -2.04 pct
India's largest automaker by revenue, said its domesticoperations would likely not post a profit or would have"inadequate" profit for the fiscal year that ended in March,hurt by sluggish demand.
** CLIFFS NATURAL RESOURCES INC, $15.93, -2.69 pct
The miner fighting an activist investor who wants to splitit up and replace its CEO, said on Tuesday it will cut 2014capital spending by $100 million - or 25 percent - as it dealswith weak seaborne iron ore and metallurgical coal prices.
