Corrected: MARKET PULSE-3D Systems, Affymax, ITT Education, Dynavax, Frontline Ltd

Affymax

25/02/2013 18:21

(Removes incorrect OfficeMax, Office Depot item. For correction click  ID:nL4N0BP5PI . The error appeared in earlier editions of Market Pulse)

Feb 25 (Reuters) - Some U.S. stocks on the move on Monday:

((For more market insights, includingusted profit beat analysts' expectations and the car rental company forecast strong results for 2013 on higher pricing.  ID:nL4N0BP40C

** AZZ Inc  AZZ.N , $43.94, up 5 pct (1110 ET)

The electrical products maker said it would buy Aquilex Specialty Repair and Overhaul LLC for $250 million in cash to expand its services to nuclear and other energy industries.

ID:nL4N0BP4WN

** QUICKSILVER RESOURCES INC  KWK.N , $2.08, up 4 pct (1100 ET)

The oil and gas company said it was in advanced negotiations for a joint venture in its Barnett sale and Horn River operations and set a budget of $120 million for the year, 69 percent lesser than what it spent last year. Quicksilver, however, posted a fourth-quarter loss on higher-than-expected costs.  ID:nGNXUXFSFa

** WEBMD HEALTH CORP  WBMD.O , $21.48, up 5 pct (1100 ET)

Raymond James upgraded its rating on the health information website's stock to "strong buy" from "market perform", saying the company's quarterly results was the turning point in the business.

The brokerage said the company's management was changing the business model to better adapt to customer needs, which was yielding improvement.

** ENDEAVOUR SILVER CORP  EXK.N ; $6.06, up 4 pct (1100 ET)

The Canadian miner on Monday said proven and probable silver reserves rose 37 percent to 23.1 million ounces in 2012.

The company, which owns and operates the Guanacevi and the Guanajuato mines in Mexico, also reported higher gold proven and probable reserves.  ID:nMKW149a

** RADIAN GROUP INC  RDN.N , $8.23, up 3.5 percent (1101 ET)

Jim Cramer, the host of CNBC's "Mad Money", said on Friday the mortgage insurer's stock could be a steal as the company benefits from the housing turnaround.  ID:nRTV7n3q

** ITT EDUCATION  ESI.N , $16.20, down 13 pct (1101 ET)

ITT Educational Services said it was being investigated by the U.S. Securities and Exchange Commission about its private student lending programs.  ID:nL4N0BP54K

** PEARSON  PSO.N , $17.65, down 5 pct (1101 ET)

British learning and media group Pearson  PSON.L  warned earnings will stall this year as it launched a 150-million-pound ($228.99 million) overhaul to counter a tough advertising market and tighter educational budgets.  ID:nL6N0BP19P

The new chief executive of said the Financial Times (FT) is not for sale, refuting repeated media speculation about the newspaper's future at the company.  ID:nWLA00721

** DONALDSON CO  DCI.N , $35.65, down 2 pct (1103 ET)

The maker of filtration and exhaust control products reported quarterly results below analysts' expectations as operating margins shrank and said it expects weak market conditions to continue in the near term.  ID:nBw7HYmRPa

Donaldson earned 34 cents per share on revenue of $596 million for the second quarter ended Jan. 31. Analysts on average expected earnings of 38 cents per share on revenue of $605 million, according to Thomson Reuters I/B/E/S.

** DEUTSCHE BANK AG  DB.N , $47.50, up 1 pct (1103 ET)

** CME GROUP INC  CME.O , $58.59 up 1 pct (1104 ET)

Deutsche Boerse  DB1Gn.DE  said it was not in talks with Chicago Board of Trade owner CME Group, after a report that the German stock exchange had received a tentative approach from the U.S. company.  ID:nL6N0BP9PM

** BLACKBERRY  BBRY.O , $13.58, up 3 pct (1104 ET)

As BlackBerry  BB.TO  launches the first smartphone from its make-or-break BB10 line in India, one of its most loyal markets, the company faces new competition from a formidable rival that has long had a minimal presence in the country.

More than four years after it started selling iPhones in India, Apple is now aggressively pushing the iconic device through installment payment plans that make it more affordable, a new distribution model and heavy marketing blitz.

ID:nL4N0BP2C1

** CHESAPEAKE ENERGY CORP  CHK.N , $19.60, down 4 pct (1105 ET)

China Petroleum & Chemical Corp (Sinopec)  600028.SS  will buy half of Chesapeake Energy's Mississippi Lime oil and gas properties in Oklahoma for $1.02 billion to increase its presence in the booming North American shale gas industry. ID:nL4N0BP411

** AVID TECHNOLOGY INC  AVID.O , $6.82, down 11 pct (1106 ET)

The audio and video editing software maker delayed reporting its fourth-quarter results, saying it needed more time to evaluate "accounting treatment related to bug fixes, upgrades and enhancements to certain products."  ID:nL4N0BP4S8

The stock was trading more than three times its daily volume.

** CUMMINS INC  CMI.N , $114.54, up 1.5 pct (1106 ET)

Brokerage Goldman Sachs upgraded the U.S. engine maker's stock to "conviction buy" from "buy", according to Theflyonthewall.com.  ID:nWNAB00WBT

** MEAD JOHNSON NUTRITION CO  MJN.N , $76.03, down 4 pct (1107 ET)

The maker of Enfamil baby formula said the Hong Kong government has imposed a regulation to limit the flow of formula milk products to Mainland China to ensure adequate supplies for local infants and young children.

The company said it's earnings forecast will remain unchanged as the impact of the new regulation is difficult to quantify, Mead said in a regulatory filing.  ID:nEOL8vr5q9

** DYNAVAX TECHNOLOGIES INC  DVAX.O , $1.95, down 34 pct (1107 ET)

U.S. health regulators denied approval for Dynavax Technologies' adult hepatitis B vaccine and sought additional data to evaluate its safety, delaying the market entry of a faster-acting and less frequently needed vaccine for the liver-attacking infection.  ID:nL4N0BP406

The stock, trading almost three time its daily volume, was one of the two top percentage losers on the Nasdaq at 1130 ET.

** COOPER TIRE & RUBBER CO  CTB.N , $26.79, up 5.5 pct (1107 ET)

The tire maker reported quarterly results above analysts' expectations, helped by higher global demand and lower rubber costs.  ID:nBw6vb3Jza

** HEALTHWAYS INC  HWAY.O , $11.96, up 4 percent

William Blair analyst upgraded the healthcare management provider's stock to "outperform" from "market perform", saying the company's future looks bright as it is signing very long-term contracts to develop partnerships with leading health systems.

** HECLA MINING CO  HL.N , $4.92, up 1 pct (1108 ET)

The No. 2 U.S. silver miner by output, reported a better-than-expected profit and said it will produce more silver this year as its Lucky Friday mine in Idaho restarted, sending its shares up 3 percent in premarket trading.  ID:nL4N0BP4S1

** THOMPSON CREEK METALS  TC.N , $3.33, down 6 pct (1108 ET)

The molybdenum miner reported a bigger-than-expected quarterly loss on a $530.5 million non-cash pre-tax write down of its assets at the Endako Mine.  ID:nCCNnTcxwa

** OFFICE DEPOT INC  ODP.N , $4.05, down 4 pct (1108 ET)

** OFFICEMAX INC  OMX.N , $11.85, down 3 pct (1109 ET)

Office Depot said on Friday that following talks with the largest holder of its common stock, Starboard Value LP, it is extending the deadline for nominating candidates for its board at its annual meeting.  ID:nL1N0BM6CF

(Compiled by Chandni Doulatramani in Bangalore)

((chandni.doulatramani@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. +91 80 4135 5800)(Reuters Messaging: Reuters messaging: chandni.doulatramani.thomsonreuters.com@reuters.net))

Keywords: MARKETS USA STOCKS/PULSE