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July 24 (Reuters) - Some U.S. stocks to watch on Wednesday:
WALL ST SET TO OPEN HIGHER ON APPLE, EURO ZONE STRENGTH
Wall Street was set for a higher open as Apple was expected to boost tech shares after reporting stronger-than-expected results and positive euro-zone economic data boosted market sentiment.
S&P 500 futures rose 4.9 points, Dow Jones industrial average futures rose 35 points and Nasdaq 100 futures added 28.5 points.
** APPLE INC, Tuesday close $418.99, up 4.6 pct premarket
A sharp drop in Apple's China revenue in April-June underscores the challenges it faces in its second-largest market as the technology gap with cheaper local rivals narrows and as Samsung Electronics keeps up a steady stream of new models across all price ranges.
** DELL INC, Tuesday close $12.88, up 3 pct premarket
The company's founder Michael Dell pushed for easier voting rules to help him win his battle to take the PC maker private and offered a token 10 cents more per share to sweeten his $24 billion bid.
** HANESBRANDS INC, Tuesday close $53.36, up 3 pct premarket
** MAIDENFORM BRANDS INC, Tuesday close $19.09, up 22 pct premarket
Hanesbrands, whose labels include the Wonderbra, said it will buy lingerie company Maidenform Brands Inc for $547 million to boost its product line up.
** BROADCOM CORP, Tuesday close $31.83, down 10 pct premarket
At least four brokerages cut their rating and about 10 brokerages lowered their price targets on the chipmaker's stock, after the company forecast lower-than-expected third-quarter revenue on Tuesday, underscoring concerns on Wall Street that smartphone growth might be waning.
** BOEING CO, Tuesday close $107.79, up 2 pct premarket
Boeing posted a better-than-expected 13 percent jump in quarterly profit after delivering more commercial jets, shrugging off concerns about the 787 Dreamliner
For a graphic: http://link.reuters.com/reh89t
** VMWARE INC, Tuesday close $71.28, up 14 pct premarket
The cloud software maker raised the high end of its full-year revenue forecast range after reporting a stronger-than-expected second-quarter profit, saying federal government demand and enterprise deals were likely to pick up in the second half.
** T. ROWE PRICE GROUP INC, Tuesday close $79.59, down 6 pct premarket
The asset manager posted a 20 percent rise in its second-quarter profit but reported a net outflow of investor cash.
** NORTHROP GRUMMAN CORP, Tuesday close $88.76, up 5 pct premarket
Northrop Grumman, one of the largest U.S. weapons makers, reported higher second-quarter earnings on Wednesday and raised its forecast for the full year, despite Pentagon budget cuts.
** TRANSITION THERAPEUTICS INC, Tuesday close $3.97, up 21 pct premarket
The Canadian biopharmaceutical company said it acquired development and marketing rights for Eli Lilly's experimental drug for arthritis pain.
** AT&T INC, Tuesday close $35.81, down 1 pct premarket
The company posted a quarterly profit on Tuesday that missed Wall Street expectations as it was hit by rising costs, and its shares fell 1 percent in late trade.
** PANERA BREAD CO, Tuesday close $182.01, down 7 pct premarket
The company on Tuesday reported quarterly profit that missed analysts' views and cut its full-year forecast after sales growth at company-owned bakery-cafes fell short of expectations, sending shares tumbling more than 5 percent in after-hours trade.
** SAREPTA THERAPEUTICS INC, Tuesday close $46.43, up 6.8 pct premarket
The company said it plans to apply for U.S. regulatory approval for its rare disease drug in the first half of 2014 after the Food and Drug Administration told the drugmaker it was open to consider an application.
** EMC CORP, Tuesday close $25.33, up 4 pct premarket
The world's largest data storage equipment maker reported a quarterly profit that met analysts' expectations, helped by growth at its cloud software unit, VMware Inc.
** FORD MOTOR CO, Tuesday close $16.94, up 4 pct premarket
The maker of the top-selling F-150 pickup truck reported a better-than-expected second-quarter profit, buoyed by strong truck sales, higher vehicle prices and narrower losses in Europe.
** WELLPOINT INC, Tuesday close $87.51, up 2 pct premarket
The company reported a much higher-than-expected quarterly profit on Wednesday, helped by lower than forecast medical costs in its employer-based insurance business and improvements in Medicaid operations after the purchase of Amerigroup in December.
** ELI LILLY & CO, Tuesday close $50.99, up 4 pct premarket
The company reported higher-than-expected quarterly earnings, helped by cost cuts and strong sales growth of Cymbalta, a depression treatment that will soon lose patent protection, and the drugmaker raised its full-year profit forecast.
** CATERPILLAR INC, Tuesday close $85.52, down 2 pct premarket
Caterpillar reported a 43.5 percent drop in quarterly profit and cut its outlook for the year, saying its dealers were still reducing inventories and demand was weak from the mining industry.
** ELECTRONIC ARTS INC, Tuesday close $23.82, up 8 pct premarket
The video game publisher said its first quarter loss was narrower than Wall Street expectations because of strong cost controls and digital sales that offset weak revenue from packaged games.
** POLYCOM INC, Tuesday close $11.18, down 13 pct premarket
Brokerages BMO Capital Markets and UBS Investment Research cut their price target on the videoconferencing company's stock after it said on Tuesday that Chief Executive Andrew Miller has stepped down after irregularities were found in his expense submissions.
The company posted second-quarter results that beat analysts' estimates due to higher demand for its products.
** EVERCORE PARTNERS INC, Tuesday close $44.18, up 7 pct premarket
The boutique investment bank posted higher-than-expected second-quarter profit due to higher revenue from investment banking and management.
Investment banking revenue rose 19 percent to $180.03 million on an adjusted pro forma basis.
** DELTA AIR LINES INC, Tuesday close $20.45
Delta Air reported a quarterly profit against a year-earlier loss as fuel costs fell.
** ILLUMINA INC, Tuesday close $73.77, up 8 pct premarket
The life sciences tools maker on Tuesday reported second-quarter results that beat analysts' estimates as product sales rose. The com
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