MARKET PULSE-Memsic, DuPont, RadioShack, Netflix, Coach

Tue Apr 23, 2013 9:13am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s)

April 23 (Reuters) - Some U.S. stocks on the move on Tuesday:

FUTURES POINT TO THIRD DAY OF GAINS ON EARNINGS

index futures pointed to a higher open on Tuesday, indicating stocks could notch a third straight day of gains as strong earnings improved sentiment. S&P 500 futures were up 0.37 percent. Dow Jones industrial average futures were up 0.48 percent and Nasdaq 100 futures were up 0.69 percent.

** MEMSIC INC, Monday close $2.71, up 51 pct premarket

The chip component maker said it will be acquired by IDG-Accel China Capital II for about $88.5 million, or $4.225 per share. IDG's affiliates currently own about 19.5 percent of Memsic's shares.

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