(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 were largely lower on Friday, with energy shares likely to be under heavy pressure in a holiday-shortened session as crude oil tumbled to a four-year low. Dow Jones industrial average e-mini futures were up 0.02 percent at 17,813, S&P 500 e-mini futures were down 0.14 percent at 2,069.25 and Nasdaq 100 e-mini futures were up 0.26 percent at 4,329.
** EXXON MOBIL CORP, Wednesday close $94.48, -3.47 pct premarket
** CHEVRON CORP, Wednesday close $115.11, -3.34 pct premarket
** HESS CORP, Wednesday close $80.83, -5.34 pct premarket
** TALISMAN ENERGY INC, Wednesday close $5.79, -14.68 pct premarket
** PENN WEST PETROLEUM LTD, Wednesday close $4.37, -8.92 pct premarket
** SEADRILL LTD, Wednesday close $15.99, -5.94 pct premarket
** HALLIBURTON CO, Wednesday close $47.34, -4.94 pct premarket
** SCHLUMBERGER NV, Wednesday close $92.81, -5.06 pct premarket
** BAKER HUGHES INC, Wednesday close $62.58, -4.84 pct premarket
OPEC maintained production at 30mln/bpd and Brent crude fell to a fresh four-year low under $72 a barrel on Friday after OPEC decided not to cut output, a move investors said would leave the oil markets heavily over supplied.
European oil & gas slide lops off $32.5 bln in sector’s market-cap
** UNITED CONTINENTAL HOLDINGS, Wednesday close $56.6, +5.09 pct premarket
** AMERICAN AIRLINES GROUP, Wednesday close $44.97, +4.96 pct premarket
** DELTA AIR LINES INC, Wednesday close $44.24, +4.43 pct premarket
** JETBLUE AIRWAYS CORP, Wednesday close $13.6, +4.34 pct premarket
** SOUTHWEST AIRLINES CO, Wednesday close $39.28, +4.05 pct premarket
U.S. airline stocks gained after the Organization of the Petroleum Exporting Countries (OPEC) decided not to cut output, sending oil prices down.
** CARNIVAL CORP, Wednesday close $42.12, +1.95 pct premarket
** ROYAL CARIBBEAN CRUISES LTD, Wednesday close $70.24, +1.65 pct premarket
Cruise operators stocks also gained after OPEC cut its output. Fuel costs accounted for a fifth of Carnival’s cruise operating costs, while fuel costs as a percentage of Royal Caribbean’s revenue was 11.6 percent last year.
** STATOIL ASA, Wednesday close $21.83, -12.28 pct premarket
The energy company’s Oslo-listed stock suffered one of its biggest ever one-day percentage falls as analysts predicted that it would have to cut its quarterly dividend. “The current oil price gives a negative cash flow of 7 crowns per share. Then they can’t pay a dividend of 7 crowns,” said ABG Sundal Collier analyst John Olaisen, who cut his rating on the stock to “sell” and price target to 110 crowns.
** PETROBRAS SA, Wednesday close $10.6, -5.94 pct premarket
JPMorgan Securities strategists led by Adrian Mowat said on Friday that the impact of a drop in oil prices on Brazil could have mixed implications. In a client note, Mowat and his team said “the trickiest” impact to gauge would be in Brazil, where lower oil prices could bring about short-term positive consequences for the state-run oil company.
** AVANIR PHARMACEUTICALS INC, Wednesday close $15.01, -2.53 pct premarket
U.S. FDA rejected company’s migraine drug device, AVP-825. The regulator raised questions on some data submitted as part of the company’s marketing application.
** THE COCA-COLA CO, Wednesday close $44.29
SABMiller Plc and Coca-Cola will combine the operations which mix, bottle and distribute their soft drinks in Africa, creating a group with sales of $2.9 billion and ambitions to corner a fast-growing market.
** MEDTRONIC INC, Wednesday close $73.48
** COVIDIEN PLC <COV.N >, Wednesday close $100.54
The U.S. medical device maker gained European Union regulatory approval on Friday for its $43 billion takeover of Covidien after agreeing to sell its Irish rival’s drug-coated balloon catheter business.
Compiled by by Anya George Tharakan in Bangalore; Editing by Sriraj Kalluvila