US STOCKS-Wall St to open lower after retail sales, claims data

jueves 13 de febrero de 2014 10:10 GYT

* Cisco falls after results, outlook

* Comcast to buy Time Warner

* Whole Foods drops after cutting forecast

* Initial claims rise, retail sales fall

* Futures down: Dow 105 pts, S&P 12.5 pts, Nasdaq 23.75 pts

By Chuck Mikolajczak

NEW YORK, Feb 13 (Reuters) - U.S. stocks were set for a lower open on Thursday, weighed by a disappointing outlook from Cisco Systems and weaker-than-expected data on consumer spending and the labor market.

* Cisco fell 3.3 percent to $22.09 in premarket trading and was poised to weigh on each of the major U.S. indexes after the network-gear maker forecast a drop of 6 to 8 percent in revenue in the current quarter.

* Futures extended declines after weaker-than-expected labor market and retail sales data. Initial claims for state unemployment benefits rose to a seasonally adjusted 339,000 from 331,000 the week before and above the 330,000 forecast. Retail sales fell 0.4 percent in January, against a forecast for sales to be unchanged, while December was revised lower to a 0.1 percent decline.   Continuación...