BUZZ-U.S. Stocks on the Move-Echo Therapeutics, Bed Bath, Atossa, Ericsson

Wed Sep 24, 2014 7:08am 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 e-mini futures were lower on Wednesday: Dow Jones industrial average futures were up 0.21 percent at 16,999, S&P 500 futures were up 0.23 percent at 1,976.75 and Nasdaq 100 futures were up 0.27 percent at 4,048.

** ECHO THERAPEUTICS INC, Tuesday close $1.1448, -72.92 pct premarket

The medical device maker's shares were set to open at an all-time low after the company warned it may file for bankruptcy. The company has suspended product development and research and manufacturing programs to cut costs and warned that its current liquidity was not enough to fund operations beyond Sept. 30.

** ERICSSON, Tuesday close $12.79, -0.31 pct premarket

UBS downgraded the world's biggest mobile network equipment maker's stock to "neutral" from "buy".

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