COMPANY NEWS Cimarex Energy (XEC) to Replace Intl Game Tech (IGT) in S&P 500; IGT, Live Nation (LYV), Arris (ARRS) to join S&P MidCap 400, XEC, Masimo (MASI), Brink’s (EAT) to be deleted; MASI, EAT, Chesapeake Lodging (CHSP) to join S&P SmallCap 600, LYV, ARRS, JOSB to be deleted Intel (INTC) raised its Q2 and FY14 outlook and said it now expects some revenue growth for the year as compared to the previous outlook of approximately flat. The company said the change in outlook is driven mostly by strong demand for business PCs AMD (AMD) said it will create two business groups, the Computing and Graphics groups, and named Lisa Su as COO Pershing filed a lawsuit seeking judgment regarding Allergan (AGN) actions (VRX) Citigroup (C) announced an agreement to sell its consumer bank in Greece Express (EXPR) said it would establish a special committee after receiving Sycamore offer Nektar Therapeutics (NKTR) said the AADPAC voted that the FDA should not require cardiovascular outcomes trials for the peripherally-acting mu-opioid receptor antagonist class of drugs Cimarex Energy (XEC) will replace International Game (IGT) in S&P 500 as of 6/20 close Aratana (PETX) in License Pact with Vet-Stem for Stem Cell Technology Bard’s (BCR) Lutonix 035 Catheter Wins FDA Advisory Panel Backing China Ming Yang (MY) to Erect 6MW Wind Turbine Generator in Norway China Eastern to Buy 80 B737 Airplanes from Boeing (BA) ConocoPhillips (COP) Partner FAR Starts Process to Sell Kenya Stake Glaxo (GSK) Says Eltrombopag Study Met Primary Goal of Phase 3 Study Liberty Property (LPT) Buys 5 Industrial Buildings in Durham, N.C. RealD (RLD) Sees May Box Office on Enabled Screens $330m Supertel Hospitality (SPPR) Reports Sale of Four Hotels for $7.75m Statoil (STO) Says CLOV Deepwater Development in Angola Now on Stream TG Therapeutics (TGTX) Sees 90% Response Rate in Phase 2 TG-1101 with Ibrutinib Vivus (VVUS) Files Suit Vs Actavis for Infringement of Qsymia Patents Veolia (VE) Says Benzene in Lanzhou Water Due to External Pollution EARNINGS Companies that beat consensus earnings expectations last night and today include: Oculus (OCLS), ARI Network (ARIS) Companies that missed consensus earnings expectations include: Culp (CFI), Finisar (FNSR) Companies that matched consensus earnings expectations include: Capstone Turbine (CPST) Abraxas (AXAS) Boosts 2014 Production Forecast for Second Time in June Ameritrade Discloses Order Routing Rev. Sharing of $236m for FY13 Alaska Air (ALK) Sees Year Capacity 35,800-36,300, Up 7% Capstone Turbine (CPST) 4Q Loss 1c Vs Est. Break-Even Copa Holdings (CPA) May System-Wide Traffic Rose 12.6% Y/y Finisar (FNSR) 1Q Adj. EPS View Misses Est., Rev. View Beats (Watch: JDSU, CIEN) Intel (INTC) Raises 2Q, Yr Rev., Gross Margin Views (Watch: AMD, HPQ, other Tech) Luby’s (LUB) Sees Yr. Comp. Sales Up 0.5%, Saw Up to 1% Rise Scorpio Tankers (STNG) Sees 2Q Adj. Loss/Shr 6c-10c, Est. Loss 1c NEWSPAPERS/WEBSITES Univision held preliminary talks for sale with CBS (CBS), Time Warner (TWX): WSJ Google (GOOG) planning to launch health service called Google Fit: Forbes Apollo (APO) in discussions to buy Encana's (ECA) Bighorn properties in Alberta: WSJ Liberty Global (LBTYA), Discovery (DISCA) in talks regarding F1 stake: Bloomberg Questcor's (QCOR) Acthar risks not included in Mallinckrodt's (MNK) merger proxy: NYT Ford (F) to pay 200,000 owners for lower-than-promised mpg claims: Detroit News Sharp (SHCAY) places large bet on smaller LCD panels: Nikkei Lululemon (LULU) looks expensive: Barron's Ameriprise (AMP) Said to Sweeten Broker Signing Bonuses: Reuters American Securities (CG) Plans Auto Part Merger For IPO: Reuters Apollo Global (APO) in Talks to Buy Encana’s (ECA) Bighorn Properties: WSJ China Said to Draft Policy Paper for Macau: Morning Post Reports Caterpillar (CAT) Truck and Bus Engines Are Focus of Lawsuits: WSJ LG Display (LPL) to Ship More Than 5m OLED TV Panels Next Yr: Edaily Microsoft (MSFT), J&J (JNJ) Among Cos. Cutting Tax Rate w/ Cash Offshore: FT Twitter (TWTR) Media Chief Chloe Sladden Is Leaving: Re/code Talisman Energy (TLM) Reviewing Asia Assets for Possible Sale: Reuters