BUZZ-U.S. Stocks on the Move-Zynga, Vivint Solar, Paragon Offshore
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock indexes were little changed on Tuesday. The Dow Jones industrial average was up 0.04 percent at 17,619.98, the S&P 500 was up 0.01 percent at 2,038.49 and the Nasdaq Composite was unchanged at 4,651.822.
** ALIBABA GROUP HOLDING LTD, $114.869, -3.59 pct
** YAHOO INC, $48.4101, -2.02 pct
Chinese e-commerce company Alibaba said with three hours left, more than $8 billion worth of goods had been sold during Tuesday's annual Singles' Day online shopping frenzy.
However, Atlantic Equities analyst James Cordwell said the company's year-over-year gross merchandise volume growth of 38 percent so far on Singles' Day was lower than the 49 percent growth in the quarter ended September.
Up to Monday's close, Alibaba's stock had gained 38.7 percent in the past month. Yahoo owns 16 percent stake in Alibaba.
** AMSURG CORP, $49.88, -3.78 pct Continued...