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

Thu Sep 11, 2014 9:50am 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,; for the Morning News Call newsletter,

U.S. stocks opened lower on Thursday following a report showing jobless claims unexpectedly rose in the most recent week, in the latest sign that the labor market continues to struggle. The Dow Jones industrial average was down 0.35 percent at 17,008.31, the S&P 500 was down 0.30 percent at 1,989.73 and the Nasdaq Composite was down 0.36 pct at 4,570.17.

** RADIOSHACK CORP, $0.9979, +7.19 pct

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, $10.5899, -32.16 pct

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