Thomson Reuters is projecting Zumiez, Gap ( GPS), and Macy's ( M) to post positive surprises, while saying Stage Stores ( SSI), Limited Brands ( LTD) and The Wet Seal ( WTSLA) are among the likely laggards. And finally, Pandora ( P) was a big mover to the upside in late trades on Wednesday after the streaming music company posted break-even results for its fiscal second quarter and gave a strong guidance. The company sees revenue ranging from $115 million to $118 million for its third quarter ending in October, ahead of Wall Street's current consensus estimate of $114.4 million. For the full year, Pandora expects revenue of $425 million to $432 million and a non-GAAP loss of 4 to 8 cents a share vs. the average analysts' view for a loss of 11 cents a share on revenue of $424.2 million. The stock was last quoted at $11.03, up 9.4%, on volume of nearly 2.1 million, according to Nasdaq.com. Sears Holdings Corp. ( SHLD) was a late loser on news the company is being removed from the S&P 500. Noting the public float for Sears' stock has been "well below the 50% threshold for inclusion for an extended period of time," S&P Dow Jones Indices said the struggling department store retailer will be nixed from the index after the close of trading on Sept. 4, replaced by LyondellBasell Industries ( LYB). Shares of Sears, which are up more than 70% so far in 2012, ticked lower in the wake of the news. -- Written by Michael Baron in New York. >To contact the writer of this article, click here: Michael Baron.