The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

MARKET PULSE-Ciena, Endo, Vera Bradley, Thermo Fisher

Thu, 06th Jun 2013 12:16

(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/mur68t)

June 6 (Reuters) - Some U.S. stocks to watch on Thursday:

FUTURES RISE AFTER TWO-DAY SKID; CLAIMS DATA ON TAP

U.S. stock index futures advanced on Thursday, indicatingstocks may rebound after two straight days of declines, ahead ofdata on the labor market. The S&P 500 futures rose 5points, the Dow Jones industrial average futures added 33points and the Nasdaq 100 futures gained 6.25 points.

** CIENA CORP, Wednesday close $16.31, up 10 pctpremarket

** JDS UNIPHASE CORP, Wednesday close $13.13, up3.4 pct premarket

** JUNIPER NETWORKS INC, Wednesday close $18.54, up2.8 pct premarket

Network equipment maker Ciena reported a surprisesecond-quarter profit on an adjusted basis, helped by a 3percentage-point rise in its gross margin, and forecaststronger-than-expected revenue for the current quarter.

* VERA BRADLEY INC, Wednesday close $22.46, down 12pct premarket

The apparel and accessories retailer cut its fiscal 2014profit forecast.

Vera Bradley also said Chief Executive Michael Ray willretire.

** PEPSICO, Wednesday close $81.20

** SODASTREAM INTERNATIONAL, Wednesday close$69.35, up 6.5 pct premarket

Pepsi is in talks to buy Israel's SodaStream, whose machinesmake carbonated drinks from tap water, for $2 billion, theCalcalist financial newspaper reported on Thursday.

** VERIFONE SYSTEMS INC, Wednesday close $21.95,down 17 pct after market

The maker of credit card swipe machines forecastcurrent-quarter results well below expectations on Wednesday andanalysts suggested that the company is losing customers to itsrivals.

** ASCENA RETAIL GROUP INC, Wednesday close $19.86,down 9 pct after market

The women's apparel maker reported third-quarter resultsthat missed analysts' estimates as unseasonably cold weather andreduced consumer discretionary spending hurt sales.

** ENDO HEALTH SOLUTIONS INC, Wednesdayclose$35.96, down 5.4 pct after market

The company said on Wednesday it plans to cut about 15percent of its workforce and explore strategic alternatives forsome assets as the company looks to cut costs ahead of genericcompetition for two of its biggest drugs.

** THERMO FISHER SCIENTIFIC INC, Wednesday close$86.20, down 2 pct after market

The company announced a public offering of $2.2 billioncommon shares and said it would use the proceeds to partly fundthe acquisition of Life Technologies Corp.

** J. M. SMUCKER CO, Wednesday close $102.37

The maker of Folgers coffee and Jif peanut butter reported a13 percent rise in fourth-quarter adjusted profit as lowercommodity costs boosted gross margins in its coffee business.

** GENERAL MOTORS CO, Wednesday close $34.02

The automaker holds its annual meeting of shareholders.Chief Executive Dan Akerson is likely to tout a year thatincluded a full year profit including strong results in its coreNorth American market, news that the U.S. Treasury has laid outa plan to exit its stake in the U.S. automaker and the company'sannouncement it would eventually close a plant in Germany aspart of its strategy to turn around that money-losing region.

** SUMITOMO MITSUI BANKING CORP , Wednesdayclose $8.12

** BARCLAYS PLC , Wednesday close $19.15

The Japanese bank has sold a 260 million pound ($400million) stake in Barclays, about half its holding in theBritish bank.

** AMERICA MOVIL , Wednesday close $19.49

AT&T Inc has sold 7 percent of its holding in LatinAmerican telecommunications company America Movil or 540 millionshares, according to a filing with U.S. regulators on Wednesday.

** H.J. HEINZ CO, Wednesday close $72.45

Australia's competition regulator has blocked an attemptedtakeover of Rafferty's Garden, an organic baby food supplier, byU.S.-based food giant H.J. Heinz on concerns that the deal wouldhave reduced competition significantly.

** SAP AG , Wednesday close $74.76, down2.2 pct premarket

European business software maker SAP has bought Swisssoftware developer hybris to expand its customer managementplatform, taking on Salesforce.com and Oracle in the multibillion-dollar cloud services market.

** COSTCO WHOLESALE CORP, Wednesday close $109.17

The U.S. warehouse club chain reported May same-store salesthat missed analyst estimates due to a relatively strongerdollar and weak gasoline prices.

** PROCTER & GAMBLE CO, Wednesday close $76.66

The world's largest household products maker on Wednesdayannounced a reorganization amid speculation by analysts that theheads of its new units are in the running to replace CEO A.G.Lafley. (Compiled by Sruthi Ramakrishnan)

Related Shares

More News
13 May 2024 10:51

Barclays promotes Chiapparoli EMEA co-head for industrials, names new Italy CEO

MILAN, May 13 (Reuters) - British bank Barclays on Monday said it had appointed Enrico Chiapparoli as co-head of industrials for Europe, Middle East...

10 May 2024 11:17

JPMorgan still positive on UK banks despite potential rate cuts

(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, e...

9 May 2024 12:08

Barclays AGM disrupted by activists protesting over Gaza

LONDON, May 9 (Reuters) - Barclays' annual shareholder meeting was disrupted by activists protesting against its alleged indirect links to violence ...

9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

8 May 2024 16:45

UK watchdog considers redress scheme after motor finance probe

LONDON, May 8 (Reuters) - Britain's financial watchdog said on Wednesday it was considering a formal redress scheme to compensate thousands of consu...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.