BUZZ-U.S. Stocks on the Move-E2open, RadioShack, Lululemon, Sigma

Thu Sep 11, 2014 9:21am 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. stock index futures pointed to a lower open on Thursday as jobless claims unexpectedly rose in the most recent week, the latest sign the labor market continues to struggle. Dow Jones industrial average e-mini futures were down 0.44 percent at 16,983, S&P 500 futures were down 0.41 percent at 1,986.75 and Nasdaq 100 futures were down 0.39 percent at 4,077.

** RADIOSHACK CORP, Wednesday close $0.931, -9.77 pct premarket

The troubled electronics retailer said it may need to file for bankruptcy if its cash situation worsens, after reporting its tenth straight quarterly loss.

UBS AG along with investment firm Standard General LP, is financing a rescue package for RadioShack, Bloomberg reported, quoting three people with knowledge of the matter.

** E2OPEN INC, Wednesday close $15.61, -28.38 pct premarket

The Web-based business software provider reported lower-than-expected first-quarter revenue on Wednesday and forecast full-year revenue below estimates.   Continued...