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May 10 (Reuters) - Some U.S. stocks to watch on Friday:
FUTURES EDGE UP, INDEXES ON TRACK FOR STRONG WEEK
U.S. stock index futures edged higher on Friday as the market's recent momentum returned, putting equities on track for a strong week that repeatedly took indexes to record highs. S&P 500 futures rose 3.8 points and were above fair value. Dow Jones (DJI: ^DJI - news) industrial average futures added 64 points and Nasdaq 100 futures rose 6 points.
Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell's largest shareholders, have proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell.
** DURECT CORP, Thursday close $1.59, down 36.4 pct premarket
Pain Therapeutics said Pfizer, its marketing partner for painkiller Remoxy, was yet to decide on continuing to seek regulatory approval for the drug.
Durect Corp provided the technology used in Remoxy.
Acquiring the No. 3 U.S. mobile service provider is so important to Dish that its founder Charlie Ergen said he could consider selling the company altogether if he loses a bidding war with SoftBank Corp (Xetra: 891624 - news) .
Google's YouTube video service is dipping its toe into pay television by starting on Thursday a subscription service with 30 content creators, including children's programmers Sesame Street and Muppet creator The Jim Henson Co, and the Ultimate Fighting Championship.
** HESS CORP, Thursday close $70.96
The U.S. oil and gas company, under pressure from major shareholder Elliott Management, said it will separate the role of chairman and chief executive following its annual meeting next Thursday.
The wireless products maker on Thursday reported better-than-expected third-quarter results and forecast current-quarter revenue and adjusted profit well above expectations.
"In an earnings season characterized by several negative pre-announcements, Ubiquiti delivered a beat and a raise driven by a rebound in core AirMax sales," Wedbush analyst Sanjit Singh wrote in a note.
** 3D SYSTEMS CORP, Thursday close $43, down 2 pct premarket
The company, which makes equipment for 3D printing, said it would sell 7.5 million shares at $40 each in a public offering.
Brokerage Janney capital initiated its rating on the company's stock with a "buy" and a price target with $56.
The healthcare IT provider reported lower-than-expected first-quarter profit on lower bookings for its software.
Allscripts reported an adjusted profit of 9 cents per share, which was 5 cents lower than Street estimates, according to Thomson Reuters I/B/E/S.
"We are investing heavily in both, our clients and our products, and so while our financial results for the quarter are not surprising, they are not satisfactory and not indicative of our long term potential," CEO Paul Black said in a statement.
The struggling drugmaker said in a filing on Thursday that its independent accounting firm expressed substantial doubt about the company's ability to continue as a going concern in their most recent audit report. (http://r.reuters.com/kyc97t)
The pharmaceutical company said its partner Cosmo Technologies Ltd will offer secondary underwritten shares of Santarus' common stock.
Santarus will not receive any proceeds from the offering.
The Wi-Fi software and services provider's first-quarter revenue beat estimates as it entered into network advertising and sponsorship agreements with various companies and also signed an agreement to provide its services at three airports in China.
The company on Thursday also forecast current-quarter and full-year 2013 revenue largely above estimates.
The information technology consulting firm on Thursday reported better-than-expected first-quarter revenue, helped by higher demand for its services and the acquisition of TriTek Solutions Inc. It also forecast full-year revenue largely above estimates.
** ERICKSON AIR-CRANE INC, Thursday close $20.95, up 9 pct after market
The company, which provides aviation services to commercial and government customers, reported a surprise first-quarter profit as higher demand from the timber and energy industries led to a 34 percent jump in revenue.
** ENCORE CAPITAL GROUP, Thursday close $30.16, up 4.4 pct after market
The debt collector posted a better-than-expected quarterly profit as it benefited from its acquisition of Asset Acceptance Corp in March. The company posted adjusted first-quarter earnings of 86 cents per share, above analysts' expectations of 79 cents per share, according to Thomson Reuters I/B/E/S.
The company also expanded its existing credit facility by $217.5 million to $812.5 million.
** PRICELINE.COM, Thursday close $737.50
The online travel agency on Thursday gave a forecast for second-quarter profit that was below analysts' estimates, as it cited the effects of global expansion costs.
** GAP INC, Thursday close $38.81
The clothing retailer reported a company-wide 7 percent gain in April same-store sales, led by a big surge at its low-priced Old Navy chain, and it gave a current-profit forecast on Thursday that was also above Wall Street expectations.
The U.S. rare earths producer said on Thursday it had a wider loss in the first quarter due to higher costs and weak rare earth prices, which it said had declined more in recent weeks.
** COLGATE-PALMOLIVE CO, Thursday close $120.19
Executives of the company, best known for its namesake toothpaste, meets with shareholders at its annual meeting in New York.
Boeing said on Thursday it has succeeded in getting its factories to churn out 787 Dreamliners at a faster pace this week, a change that came sooner than expected and positions the planemaker to possibly deliver more of the high-tech jets than forecast.
** MCDONALD'S CORP, Thursday close $99.69
The world's biggest hamburger chain said on Thursday it is phasing out one-third pound Angus burgers from U.S. menus, an anticipated move that comes shortly after U.S. beef prices hit a 10-year high.
** MERCK & CO, Thursday close $45.49
A sales representative for the No. 2 U.S. drugmaker filed a more than $100 million sex discrimination lawsuit against the drugmaker on Thursday, claiming that it particularly discriminates against pregnant employees and women with children.
Novartis said on Friday the U.S. Food and Drug Administration (FDA) had approved its drug Ilaris to treat a serious form of childhood arthritis.
** CHINA MOBILE LTD , Thursday close $55.61
The world's biggest mobile operator by subscribers said its unlisted parent is beefing up its internal supervision after a government audit office highlighted problems in accounting practices and internal management.
** AUTONAVI HOLDINGS LTD, Thursday close $14.77
Alibaba Group, China's largest e-commerce firm, is set to take a 20 to 30 percent stake in Chinese digital mapping and navigation firm AutoNavi, local media reported, as it aims to boost its competitveness by beefing up its product lineup.
** NVIDIA, Thursday close $13.91
The graphics chipmaker on Thursday posted better-than expected results for the first quarter including record gross margins, despite a slowing PC industry.
Britain's BT underlined its return to form ahead of its pending pay-TV battle with BSkyB (LSE: BSY.L - news) , raising its outlook after improvements across the board helped it beat forecasts and send its shares soaring.
Italian insurer Generali Chief Executive Mario Greco said he is in favour of any plan that can improve the value of its holding in the phone company.
Telecom Italia is mulling a merger deal with Hutchison Whampoa as well as a possible spin-off of its fixed-line network in order to cut debt and fund costly network upgrades.
MGM on Thursday filed a proposal with the state of Maryland to develop an $800 million casino resort, after winning the right to proceed with the project in a costly lobbying effort against rival Penn National.
The No. 2 U.S. silver miner by output reported a 16 percent drop in first-quarter sales as prices of the precious metal fell. (Compiled by Sruthi Ramakrishnan in Bangalore; Editing by Sreejiraj Eluvangal)