US STOCKS-Hertz, Ulta Salon among biggest premarket movers
By Ryan Vlastelica
NEW YORK, Sept 12 (Reuters) - Hertz Global (NYSE: HTZ - news) and Ulta Salon Cosmetics were among the biggest premarket movers on Friday, with both companies rallying on heavy volume.
Shares (Frankfurt: DI6.F - news) of Hertz gained 4.6 percent to $29.03 a day after billionaire investor Carl Icahn won three board seats at the car renter. He said he would not run a proxy contest against the company as a result. The news came less than a month after Icahn announced a stake of 8.7 percent in the company.
With the gain implied by the premarket move, Hertz will turn positive for the year on Friday. It is currently down 3 percent in 2014.
Ulta Salon jumped 16 percent to $112.98 a day after it raised its full-year view for both same-store sales and earnings. On Friday, several analysts raised their price target on the stock, including Goldman Sachs (NYSE: GS-PB - news) and Morgan Stanley (Xetra: 885836 - news) .
The stock has struggled for direction over the past two years, dipping 1.8 percent over 2013 but rising less than 1 percent thus far in 2014.
Friday's move is on track to be the biggest one-day advance for Ulta since September 2013.
Futures snapshot at 7:32 a.m. EDT (1132 GMT):
* S&P 500 e-minis flat, with 85,698 contracts changing hands.
* Nasdaq 100 e-minis down 1.5 points, or 0.04 percent, in volume of 9,324 contracts.
* Dow e-minis up 2 points, or 0.01 percent, with 6,356 contracts changing hands. (Editing by Bernadette Baum)