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Lululemon's CEO said a dispute among board members is like "our parents are fighting," adding to the company's challenges.
*Oil rises on Iraq violence, energy shares higher. *Lululemon falls on results; Restoration Hardware up. The bull market is old and wrinkly, but nowhere near dead, "said Paul Schatz, chief investment officer at Heritage Capital in Woodbridge, Connecticut.
U.S. stock index futures pointed higher on Thursday, with retail sales figures set to be the main focus for the session.
*Retail sales rise less than expected in May. *Lululemon falls on results, Restoration Hardware up. NEW YORK, June 12- U.S. stock index futures pointed to a flat open on Thursday as a round of disappointing data gave investors few reasons to buy, even after the S&P 500' s biggest one-day drop in three weeks.
Some of the names on the move ahead of the open.
*Geron rallies in premarket after FDA move. NEW YORK, June 12- U.S. stock index futures were flat on Thursday as investors looked ahead to data on retail sales and the labor market, taking a pause after the S&P 500' s biggest one-day drop in three weeks. *There could be catalysts at 8:30 a.m., with the release of retail sales and jobless claims data.
Canadian yogawear retailer Lululemon's quarterly net profit fell 60 percent as tax expenses rose.
June 12- Canadian yogawear retailer Lululemon Athletica Inc's quarterly net profit fell 60 percent as tax expenses rose. The company also said its Chief Financial Officer John Currie would retire by the end of the fiscal year, ending February 2015.
Some of Wednesday's midday movers:
June 11- Lululemon Athletica Inc's founder and biggest shareholder, Chip Wilson, lashed out at the yogawear retailer's board on Wednesday, announcing he had voted not to re-elect the company's new chairman, Michael Casey, and one other director.
June 11- Yogawear retailer Lululemon Athletica Inc founder Chip Wilson said he voted against the re-election of Chairman Michael Casey and RoAnn Costin to the board. Casey and Costin, president of a Boston- based private equity company, have been members of Lululemon board since 2007..
June 11- Yogawear retailer Lululemon Athletica Inc founder Chip Wilson said he voted against the re-election of Chairman Michael Casey and RoAnn Costin to the board.
Stocks could continue their quiet march into record territory with few catalysts to force a change in direction before the Fed meets next week.
If the market is to advance much further, Cramer says it will need help. Reads on two important catalysts come in the week ahead.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Taking a summer internship at David Einhorn's Greenlight Capital, Regis Philbin reveals what his first day was like.
An analyst said he expects VF Corp to continue adding one or two meaningful acquisitions about every other year.
Tuesday's midday movers:
Target CEO Gregg Steinhafel's name has been added to the list of retail execs caught in a nasty game of musical chairs.
April 24- Athletic gear maker Under Armour Inc warned that growth in 2014 might not be as strong as last year when the company benefited from the relaunch of its bags business and robust winter sales. Under Armour' shares traded down as much as 10 percent after the company's downbeat comments.