BUZZ-U.S. Stocks on the Move-GameStop, Sotheby's, Alibaba
(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 rose on Friday: Dow Jones industrial average futures were up 0.68 percent at 17,815, S&P 500 futures were up 0.71 percent at 2,066.5 and Nasdaq 100 futures were up 0.72 percent at 4,275.75.
** ALIBABA GROUP HOLDING LTD, Thursday close $109.82, +2.21 pct premarket
The Chinese e-commerce company wowed the markets on Thursday with its ground-breaking $8 billion debut dollar bond, pricing it at levels in line with and even tighter than some of the world's best-known companies.
** GAMESTOP CORP, Thursday close $43.87, -9.85 pct premarket
The Video game products retailer posted quarterly revenue and profit well below analysts' estimates as the delayed release of "Assassin's Creed Unity," and flagging videogame software sales more than offset high demand for PlayStation 4 and Xbox One consoles.
** GOLDMAN SACHS GROUP INC, Thursday close $189.75, +0.75 pct premarket
The investment banking firm on Thursday took the lead in rejecting allegations by a U.S. Senate subcommittee that Wall Street banks were exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. Continued...