BUZZ-U.S. Stocks on the Move-GWG, Travelport, Cone Midstream, P&G

Thu Sep 25, 2014 11:14am 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 were lower on Thursday, on the heels of the biggest gain for the S&P 500 in a month and following data on the labor market and durable goods.

The Dow Jones industrial average was down 1.11 percent at 17,018.74, the S&P 500 was down 1.16 percent at 1,975.07 and the Nasdaq Composite was down 1.56 percent at 4,484.126.

** TRAVELPORT WORLDWIDE LTD, $16.9, +5.63 pct

** ORBITZ WORLDWIDE INC, $7.76, -2.51 pct

** BLACKSTONE GROUP LP, $31.46, -0.60 pct

Travelport's shares rose as much as 10.6 percent in their market debut, valuing the provider of booking and payment services to the travel industry at about $2.13 billion.

The Blackstone-backed company's IPO was priced at $16 per share, the top end of the expected range. Travelport has a stake in Orbitz.   Continued...