(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures pointed to a higher open on Tuesday, indicating major indexes would push even further into record territory, following a reading on economic growth that was much stronger than expected. Dow Jones industrial average e-mini futures were up 0.20 percent at 17,827, S&P 500 e-mini futures were up 0.17 percent at 2,071 and Nasdaq 100 e-mini futures were up 0.20 percent at 4,290.75.
** WORKDAY INC, Monday close $92.49, -8.64 pct premarket
The maker of cloud-based human resources software forecast fiscal year 2016 revenue below market estimates and Q4 revenue forecast indicates growth of roughly 66-67 percent for the year ending January, much slower than 71 percent growth in fiscal 2014.
At least 6 brokerages, including Goldman Sachs, cut price target on the stok by as much as $10 to as much as $90; Median price target on stock is $100.
** SINOCOKING COAL AND COKE CHEMICAL INDUSTRIES, Monday close $2.83, +27.21 pct premarket
The coal and coke processor says its aboveground plant for conversion of carbon dioxide into clean-burning syngas has achieved its initial production target of 25,000 cubic meters per hour. The company also said that gross revenue generated per day by facility is about $83,280, based on syngas price of $0.139 per cubic meter.
** REVOLUTION LIGHTING TECHNOLOGIES INC, Monday close $1.47, -17.69 pct premarket
The LED bulb maker prices offering of 8 mln shares, or about 10 pct of total shares outstanding, at $1.25/share. The pricing is at a discount of 15 percent to the stock's Monday close of $1.47. The company said it intends to use proceeds for general corporate purposes, including working capital and to finance possible acquisitions.
** PETROBRAS SA, Monday close $10.5, +5.52 pct premarket
Citigroup Global Markets analyst Pedro Medeiros raised its recommendation on U.S.-traded common shares of Petróleo Brasileiro SA to "buy" from "neutral" while cutting the price target to $13 from $17. In a client note, Medeiros said the stock's 54 percent drop in the past three months left the stock trading at attractive multiples relative to global rivals. The target on Brazil-traded common shares PETR3.SA was also cut to 17 reais from 21 reais.
** XCERRA CORP, Monday close $8.42, -7.36 pct premarket
The semiconductor test equipment maker said it expects revenue below analysts' average estimate in a seasonally slow Q2. The company forecast Q2 adjusted loss of 4-9 cents, compared with a profit expectation of 13 cents, assuming 54.2 mln basic shares outstanding.
** VIOLIN MEMORY INC, Monday close $5.29, +7.18 pct premarket The flash storage provider reported Q3 revenue that beat analysts' average estimate for the first time in five quarters; posted a lower-than-expected loss as costs fall. More large enterprises and cloud data centers begin to transition from disk to flash, according to CEO Kevin DeNuccio.
** SUNGY MOBILE LTD, Monday close $6.18, -9.87 pct premarket
The mobile internet product and service provider reported lower-than-expected Q3 profit, hurt by higher costs and lower margins. Revenue from mobile reading services also fell 28.4 percent due to fewer purchases of the company's online literary content.
** TIFFANY & CO, Monday close $105.01, +4.09 pct premarket
The upscale jeweler reported a better-than-expected rise in same-store sales, due to strong demand for high-end fashion jewelry in the Americas.
** CYBERARK SOFTWARE LTD, Monday close $47.01, -3.85 pct premarket
William Blair & Co downgrades the Israeli cyber-security service provider's stock to "market perform" from "outperform"; Nomura Equity Research downgrades to "neutral" from "buy," according to theflyonthewall.com. CyberArk can beat full-year revenue growth forecasts of about 42 pct, but growth may slow long term as it grows larger and the market becomes more penetrated, according to William Blair analysts.
** NUANCE COMMUNICATIONS INC, Monday close $15.31, +5.10 pct premarket
The voice recognition software maker reported a better-than-expected quarterly adjusted profit, helped by strong demand from healthcare clients. The company forecast an adjusted profit of $1.10-$1.20 per share on revenue of $2.02-$2.08 billion for 2015; analysts were expecting profit of $1.15 on revenue of $2.07 billion.
** YINGLI GREEN ENERGY HOLDING CO LTD, Monday close $2.99, -4.68 pct premarket
The Chinese solar panel said it expects average selling price for solar modules and gross margin to fall in the fourth quarter.
** PANDORA MEDIA INC, Monday close $19.74, -4.36 pct premarket
FBR Capital Markets downgraded the online music streaming service provider's stock to "underperform" from "market perform", according to StreetInsider.com.
** BHP BILLITON LTD, Monday close $56.08, -1.59 pct premarket
J.P. Morgan Cazenove cuts price target on the mining company's London-listed stock to 2,050 pence from 2,080 pence after company slashed its capex guidance for 2015 by $600 million. The company's move follows a significant fall in iron ore and oil prices in past few months.
** E COMMERCE CHINA DANGDANG, Monday close $12.41, -3.71 pct premarket
The Chinese online books and media retailer posted lower-than-expected Q3 profit, hurt by higher marketing expenses. The year-over-year and quarter-over-quarter increases in marketing expenses reflect increased investment in mobile advertising and new destination categories, company said. It also forecast Q4 revenue of about 2.5 billion yuan ($408 million), above analysts' average estimate of $401.5 million.
** PALO ALTO NETWORKS INC, Monday close $113.26, +1.37 pct premarket
The security software maker forecast current-quarter revenue and profit above analysts' expectations, reflecting strong demand for its products as more companies look to guard their data and networks from hackers. The seller of firewalls that prevent data breaches and block malware and viruses also reported better-than-expected first-quarter revenue and profit on Monday.
** C&J ENERGY SERVICES INC, Monday close $19.01, +5.21 pct premarket
** NABORS INDUSTRIES LTD, Monday close $16.4, -1.22 pct premarket
A Delaware court has held up the merger of Nabors Industries Ltd's unit with the oilfield services provider, saying C&J's board did not adequately shop the company, the Wall Street Journal reported, citing people familiar with the decision.
** DYCOM INDUSTRIES INC, Monday close $26.2
The engineering and construction contract services provider reported better-than-expected Q1 profit and Q2 earnings and revenue forecast largely above Wall Street estimates. (Compiled by Anya George Tharakan in Bangalore; Edited by Don Sebastian)