Market Pulse: MannKind, Apollo Education, Envivio, DFC Global, Agrium

Greenlight Biosciences Holdings PBC

02/04/2014 14:20

(For more market insights, including options activity, click on STXNEWS/US ; 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 set for a flat open on Wednesday, indicating the S&P 500 will hold near its record high reached in the prior session, after data on the labor market was slightly below expectations. Dow Jones industrial average futures  DJc1  were up 0.13 percent at 16,470, S&P 500 futures  SPc1  were up 0.03 percent at 1,878.3 and Nasdaq 100 futures  NDc1  were up 0.10 percent at 3,654.  .N  ** MANNKIND CORP  MNKD.O , Tuesday close $4.02, +88.81 pct premarket U.S. health advisers on Tuesday recommended approval of the company's inhaled diabetes drug, and said the experimental treatment could help some patients, especially those wary of needles typically used with traditional insulin therapy. ID:nL1N0MT1W1  ** APOLLO EDUCATION GROUP  APOL.O , Tuesday close $35.16, -3.73 pct premarket The company reported lower-than-expected quarterly revenue as enrollments declined 16.8 percent at its flagship University of Phoenix. The company also said it had received a subpoena from the U.S. Department of Education's Office of Inspector General, seeking information about the operations of the Northeast region of the University of Phoenix. ID:nL4N0MT4D8  ** DFC GLOBAL CORP  DLLR.O , Tuesday close $8.98, +6.68 pct premarket The pawn and payday lender said it would sell itself to private equity firm Lone Star Funds for $9.50 per share in cash, or about $1.3 billion, including debt.  ID:nL4N0MU2YY  ** GLAXOSMITHKLINE PLC  GSK.N , Tuesday close $53.3, -0.86 pct premarket ** AGENUS INC  AGEN.O , Tuesday close $3.31, -9.37 pct premarket GlaxoSmithKline  GSK.L  has stopped a high-profile clinical trial using a novel vaccine to fight lung cancer after deciding it will not be possible to find a sub-group of patients who might benefit.  ID:nL5N0MU1JH  Agenus contributed technology to the treatment, the MAGE-A3 vaccine, which is aimed at people with established disease, helping their immune systems to prevent the recurrence of disease post surgery.  ID:nBw4Bywp5a  ** ENVIVIO INC  ENVI.O , Tuesday close $3.3, +17.58 pct premarket The company, which provides video processing and delivery software, said its encoders are powering live high-definition sports channels on Apple Inc's  AAPL.O  Apple TV for a major European service provider.  ID:nGNXVAEUVa  ** INTUITIVE SURGICAL INC  ISRG.O , Tuesday close $493.6, +2.71 pct premarket JMP Securities analyst J T Haresco raised his rating on the company's stock to "market outperform" from "market underperform", saying that the company's newly approved surgical robot system would eventually replace a large percentage of the older version in use in the United States and could accelerate revenue growth in 2015. The company said on Tuesday the U.S. Food and Drug Administration approved for marketing an upgraded version of its flagship robotic surgical system.  ID:nL4N0MT3PX  ** MONSANTO CO  MON.N , Tuesday close $113.99, +0.05 pct premarket The world's largest seed company reported higher-than-expected quarterly earnings on Wednesday as its corn and soybean businesses expanded globally.  ID:nL1N0MU0LK  ** AGRIUM INC  AGU.N , Tuesday close $97.52, -3.34 pct premarket The Canadian fertilizer company  AGU.TO  said on Wednesday a late start to spring and railroad-related backlogs had hurt its first-quarter earnings.  ID:nL4N0MU2SV  ** SALESFORCE.COM INC  CRM.N , Tuesday close $58.8, +0.63 pct premarket ** CELGENE CORP  CELG.O , Wednesday close $146.6, +1.36 pct premarket TheStreet's Jim Cramer said Celgene and Salesforce.com are stocks to watch for growth in the second quarter. (http://r.reuters.com/nyp28v) ** BLACKBERRY LTD  BBRY.O , Tuesday close $8.1, +0.12 pct premarket ** T-Mobile U.S. Inc  TMUS.N , Tuesday close $33.48 BlackBerry  BB.TO  said on Tuesday it will not renew its license with T-Mobile to sell its products after the current contract expires on April 25.  ID:nL4N0MU0NF  ** ESSEX PROPERTY TRUST INC  ESS.N , Tuesday close $174, -1.26 pct premarket The real estate investment trust said it completed the acquisition of smaller peer BRE Properties Inc to form a combined company with equity market capitalization of about $11.1 billion.  ID:nBw6y2T8Ta  ** APPLE INC  AAPL.O , Tuesday close $541.65, +0.11 pct premarket Renesas Electronics Corp  6723.T  is talking with Apple and other potential buyers of a stake in a smartphone display chip unit, as the struggling Japanese chipmaker restructures its business around the automotive industry, said a person familiar with the matter.  ID:nL4N0MU0AN  ** STRATASYS LTD  SSYS.O , Tuesday close $110.97, +2.51 pct premarket The 3D printer maker said it agreed to buy two privately held providers of additive manufacturing services providers - Solid Concepts Inc for $295 million and Harvest Technologies for an undisclosed amount.  ID:nBw1ptWgKa  Stratasys said the deals are expected to add to adjusted earnings per share within the first 12 months after closing. ** COGNIZANT TECHNOLOGY SOLUTIONS CORP  CTSH.O , Tuesday close $51.67, +2.57 pct premarket UBS upgraded the IT service provider's stock to "buy" from "neutral", according to theflyonthewall.com. ** NORDIC AMERICAN TANKERS LTD  NAT.N , Tuesday close $9.83, +1.02 pct premarket The tanker company almost doubled its quarterly cash dividend to 23 cents per share from 12 cents per share. The company will also pay dividend of 13 cents per share in stock of Nordic American Offshore Ltd  NAO.NFF  to shareholders with Nordic American Tankers shares above a certain threshold. ID:nGNXVAEZSa  Keywords: MARKETS USA STOCKS/PULSE