Aug 2 Some U.S. stocks to watch on Friday:
S&P 500 LOSING STREAK MAY END
U.S. stock index futures rose, indicating the S&P 500 may
reverse a four-day losing streak ahead of key data on the U.S.
labor market. Futures for the S&P 500 were up 0.91 pct,
those for Dow Jones rose 0.77 pct and those for the
Nasdaq 100 were up 1.01 pct.
** KNIGHT CAPITAL GROUP INC, $2.58, down 8.1 pct
The stock is set for another fall, two days after a $440
million trading loss that has cast doubt on the company's
ability to survive.
** PROCTER & GAMBLE CO, Thursday close $63.51, up 1.4
The consumer packaged goods maker's chief executive said it
has cut 2,000 non-manufacturing jobs, ahead of 1,600 planned by
** MOLYCORP INC, Thursday close $16.07, down 16 pct
The company posted a loss after rare earth prices continued
to sag in the second quarter and said slumping cash flow would
force it to secure more financing to fund 2012 capital spending.
ThinkEquity LLC and Dahlman Rose & Co cut their target price
for the stock.
** MGIC INVESTMENT CORP, Thursday close $0.88, up 8
The company will have to add another $200 million in capital
to its main unit, MGIC, in order to continue writing insurance
throughout the United States as the mortgage insurer's risk
ratios continue to climb.
FBR Capital Markets and Barclays Capital cut their target
price for the stock.
** EOG RESOURCES INC, Thursday close $96.12, up 3.8
The company's second-quarter profit rose 33 percent, topping
expectations, as the amount of oil it produced jumped more than
Citi Investment Research raised its target price for the
** WELLCARE HEALTH PLANS INC, Thursday close $62.38,
up 0.9 pct premarket
The health insurer reported a quarterly profit that beat
market expectations on higher premium revenue and raised its
full-year earnings outlook.
** FREEPORT MCMORAN COPPER & GOLD INC FCX.N, Thursday close
$32.69, up 1 pct premarket
Indonesia has awarded mineral export permits to 55
companies, the company is one of a few that have already
** LINKEDIN CORP Thursday close $93.51, up 9 pct
The professional networking site reported
higher-than-expected revenue and raised its full-year outlook as
it pocketed more money from subscribers, services aimed at
businesses and advertising.
** ZIPCAR INC, Thursday close $10.63, down 29 pct
The U.S. car-sharing industry leader cut its 2012 revenue
forecast as rising competition puts brakes on the company's
** NYSE EURONEXT, Thursday close $25.58, down 0.4
pct post market
The transatlantic exchange, booked a 9 percent drop in net
revenue and a 20 percent fall in net income for the second
quarter, driven by losses across its three main business lines.
** VIACOM INC, Thursday close $45.83, down 6.5 pct
The entertainment content company posted lower-than-expected
profit, hurt by weak advertising sales at its U.S. cable
networks and a poor showing at the box office for its movie
** REGENERON PHARMACEUTICALS INC, Thursday close
$136.47, up 0.4 pct post market
The U.S. Food and Drug Administration may decide whether to
approve the companys' Zaltrap drug for treating colon cancer.
** ON Semiconductor Corp, Thursday close $6.84,
down 7 pct post market
Power-management chipmaker reported lower-than-expected
quarterly revenue, hurt by a fall in orders, and forecast
third-quarter revenue below estimates.
Several analysts have lowered their price target for the
** BLUE NILE INC, Thursday close $23.75, up 22 pct
The diamond retailer forecast a strong full year after
robust demand spurred by lower prices helped it beat analysts'
profit expectations for the first time in over a year.