BUZZ-U.S. Stocks on the Move-Weibo, Sinocoking, Rocket Fuel, Chimerix

Tue Sep 9, 2014 11:53am EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks fell on Tuesday, with the S&P 500 dropping under a key technical level for the third time in as many sessions, as investors took profits in the wake of a rally that has sent the benchmark S&P index to repeated records. The Dow Jones industrial average was down 0.37 percent at 17,048.8, the S&P 500 was down 0.28 percent at 1,995.9 and the Nasdaq Composite was down 0.26 percent at 4,580.541.

** APPLE INC, $99.49, +1.15 pct

Apple Inc is expected to unveil a smartwatch, its first new device in four years, in a gala event on Tuesday that may also mark its long-awaited entry into the mobile payments sphere and deliver a larger iPhone.

** GENERAL MILLS INC, $53.2, -0.58 pct

** ANNIE'S INC, $46.28, +38.11 pct

General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, said it would acquire organic food producer Annie's for about $820 million to expand its presence in the fast-growing U.S. natural foods market.

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