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Shares of FireEye Inc. fell 1.5% in premarket trade Tuesday after the security company updated investors on its loss guidance for the year. The company is now anticipating adjusted loss per share between $1.20 and $1.27, versus a range of $1.25 to $1.32, provided when the company reported quarterly earnings in February. It continues to anticipate revenue in the range of $815 million to $845 million. Analysts on average are anticipating fiscal 2016 loss per share of $1.29 on revenue of $830.5 million. FireEye provided a financial outlook in conjunction with its 2016 annual analyst briefing.

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Shares of Dick’s Sporting Goods Inc. fell more than 7.5% in premarket trade after the company missed profit expectations for the fourth quarter. Dick’s Sporting Goods reported net income of $128.99 million, or $1.13 per share, compared with $155.54 million, or $1.30 earnings per share in the prior year period. The FactSet consensus for per-share earnings was $1.15. Sales for the quarter increased about 3.7% to $2.24 billion, compared with $2.16 billion during the same time last year. Sales were just below the FactSet consensus of $2.28 billion. The sports apparel and equipment retailer said same-store sales declined 2.5% in the fourth quarter due to unseasonably warm weather. The company said in a statement it plans to invest $50 million to $55 billion in 2016 to enhance the shopping experience, build equity and transition its eCommerce business. During the fourth quarter the company also bought back $57 million in shares and increased its dividend by 10%. Dick’s Sporting Goods’ shares are up more than 24% in the year so far, outperforming the S&P 500 index, which is down 2%.

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United Continental Holdings Inc. said Tuesday it was buying 25 new 737-700 aircraft from Boeing Co. , in addition to a previous order of 40 737s, as part of its effort to update its fleet. The air carrier said it was accelerating the retirement its 747 fleet of aircraft from scheduled service by the end of 2018. As a result, the company said it will convert orders for 787 aircraft originally expected to be delivered in 2020 into four 777-300ER aircraft and five 787-9 aircraft beginning in 2017. “Retiring the 747 fleet and replacing those aircraft with more customer-pleasing, current generation aircraft creates a more reliable and efficient fleet that provides a better overall experience for our customers traveling on long-haul flights,” said Acting Chief Financial Officer Gerry Laderman. UAL’s stock, which was inactive in premarket trade, has gained 0.5% year to date, while the S&P 500 has lost 2.1%.

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U.S. stock futures fell in early trading on Tuesday after downbeat China trade data and as investors began to take profits on gains for crude prices. Dow Jones Industrial Average futures fell 81 points, or 0.5%, to 16,965, while S&P 500 index futures dropped 11.10 points, or 0.6%, to 1,988.25. Nasdaq 100 futures slid 27.75 points, or 0.7%, to 4,272.25. The S&P 500 and Dow industrials extended gains to a fifth day on Monday, driven by oil , which powered to its highest settlement of the year. However, investors appeared to be cashing in on some of those gains for U.S. oil on Tuesday, as prices fell 38 cents to $37.52. Meanwhile, fresh data from China showed exports in dollar terms fell for the eighth straight month, dropping 25.4% on an annual basis in February. Economists surveyed by The Wall Street Journal expected a 15% slide.

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A Nashville jury awarded sports reporter Erin Andrews $55 million in damages following the release of nude videos taken of her filmed through a peephole, according to media reports Monday. Andrews had petitioned for $75 million, suing both the stalker who filmed the video, Michael Barrett, and the Nashville Marriott at Vanderbilt, owned by West End Hotel Partners, and operated at the time by Windsor Capital Group. Andrews verified the court win in a Twitter statement thanking her legal team and supporters.

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From:: Stock Market News