BUZZ-U.S. Stocks on the Move-Agios, Staples, Lowe's, Cliffs, PetSmart
(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 index e-mini futures were flat on Wednesday: Dow Jones industrial average futures were unchanged at 17,652, S&P 500 futures were unchanged at 2,048.5 and Nasdaq 100 futures were up 0.06 percent at 4,240.5.
** AGIOS PHARMACEUTICALS INC, Tuesday close $83.81, +9.47 pct premarket
The drug developer said its experimental blood cancer drug, AG-120, showed significant clinical activity in an early stage trial.
Canaccord Genuity raised its price target on the stock to $111 from $97, the highest among the six brokerages covering the stock.
** STAPLES INC, Tuesday close $12.76, +3.45 pct premarket
The largest office supply retailer reported higher-than-expected quarterly sales and profit as demand recovered for core office supplies such as paper and ink products after six quarters of decline.
** PETSMART INC, Tuesday close $73.62, +3.30 pct premarket Continued...