BUZZ-U.S. Stocks on the Move-Summer Infant, Wayfair, Vivint Solar

Tue Nov 11, 2014 1:08pm EST
 
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(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 down 0.08 percent at 17,599.56, the S&P 500 was down 0.06 percent at 2,037 and the Nasdaq Composite was down 0.04 percent at 4,649.786.

** ALIBABA GROUP HOLDING LTD, $115.58, -3.00 pct

** YAHOO INC, $48.6999, -1.44 pct

Chinese e-commerce company Alibaba reported more than $9 billion in sales on China's Singles' Day on Tuesday.

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, $50.2, -3.16 pct   Continued...