Wall Street futures mixed; U.S. jobs data awaited

* Futures for the S&P 500 (SPc1: ) were up 0.1 percent, Dow
Jones (DJc1: ) futures were down 0.1 percent and Nasdaq (NDc1: )
futures were up 0.1 percent at 1023 GMT.

* On the macro economic front, investors await U.S.
employment data. Challenger, Gray & Christmas Inc releases its
report on job cuts for February at 1230 GMT. The ADP Employment
report for February is released at 1315 GMT.

* At 1500 GMT, the Institute for Supply Management releases
its February non-manufacturing index. Economists in a Reuters
survey forecast a reading of 51.0 versus 50.5 in January.

* On the earnings front, investors may focus on
fourth-quarter results from Big Lots (BIG.N: ) and The Progressive
Corp (PGR.N: ).

* Shares of Verifone Holdings Inc (PAY.N: ) slid 7.1 percent
to $19.18 in extended trade on Tuesday after the company posted
a quarterly profit above market estimates, but forecast an
in-line second-quarter profit (Read more your timing to make a profit.). [ID:nN02184144] [ID:nSGE6210L7]

* In corporate news, Pfizer Inc (PFE.N: ) is set to present a
nearly $4 billion offer for German generic-drug maker Ratiopharm
GmbH this week, competing against rival bids from Teva
Pharmaceutical Industries Ltd (TEVA.TA: ) and Actavis, sources
familiar with the situation said. [ID:nN02189931]

* The top two U.S. mall owners will square off before a
judge on Wednesday to shape the outcome of the largest U.S. real
estate bankruptcy ever. [ID:nN02167652]

General Growth Properties Inc (GGWPQ.PK: ) will ask Judge
Allan Gropper of the federal bankruptcy court in Manhattan to
give it six more months to be the only party that can present a
plan to emerge from bankruptcy.

* Two key U.S. senators have nearly cut a deal on financial
regulation reform and a summary of it is being drafted, sources
said on Tuesday, but other senators remain deeply divided on
basic reform issues. [ID:nN02154030]

* President Barack Obama will usher in the last act of his
push to overhaul the $2.5 trillion U.S. healthcare system on
Wednesday by arguing that his retooled plan, incorporating more
ideas from rival Republicans, is essential to the good of the
country. [ID:nN02195152]

* New York Democrat Charles Rangel, admonished last week by
an ethics panel, will give up the powerful chairmanship of the
tax-writing Ways and Means Committee in the House of
Representatives, NBC reported on Tuesday. [ID:nN02196527]

* Oil was steady below $80 on Wednesday and the dollar fell
to its lowest in more than two months against the yen.

* In Asia, Japan’s Nikkei (.N225: ) rose 0.3 percent supported
by hopes for a bailout package for debt-ridden Greece.

* But European shares retreated in early trading on
Wednesday from a near six-week closing high in the previous
session, with banking and energy stocks slipping. The
FTSEurofirst 300 (.FTEU3: ) index fell 0.1 percent.

* U.S. stocks (Read more about the stock market today. ) ended slightly higher on Tuesday as mergers
and acquisitions supported selected sectors, but investors
pulled back from recent gains in some big-cap technology and
bank shares.

* The Dow Jones industrial average (.DJI: ) gained 0.02
percent, the Standard & Poor’s 500 Index (.SPX: ) added 0.2
percent and the Nasdaq Composite Index (.IXIC: ) rose 0.3 percent.

Stock Market Report

(Reporting by Joanne Frearson)

Wall Street futures mixed; U.S. jobs data awaited