BUZZ-U.S. Stocks on the Move-Procera, Microchip, Juniper, Tesla
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U.S. stock index e-mini futures were lower on Friday: Dow Jones industrial average futures were down 0.42 percent at 16,541, S&P 500 futures were down 0.38 percent at 1,917.75 and Nasdaq 100 futures were down 0.84 percent at 3,937.
** PROCERA NETWORKS INC, Thursday close $8.55, -28.30 pct premarket
The network solution provider said it estimates revenue of $16 million for the third quarter ended Sept. 30, below the average analyst estimate of $22.6 million. The company forecast revenue of $70-$75 million for 2014, while analysts on average estimate $85.2 million. The company also expects adjusted net loss for the third quarter and full year.
** JUNIPER NETWORKS INC, Thursday close $20.94, -6.40 pct premarket
Juniper cut its third-quarter sales target late on Thursday, reflecting what it called lower-than-anticipated demand from service providers, particularly in the United States.