BUZZ-U.S. Stocks on the Move-Dreamworks Animation, Groupon, Exelixis
(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. stocks were set to fall at the open on Monday as manufacturing growth across Asia and Europe eased in November, while retailers could be pressured as Thanksgiving weekend in-store sales failed to impress. Dow Jones industrial average e-mini futures were down 0.25 percent at 17,767, S&P 500 e-mini futures were down 0.33 percent at 2,059.5 and Nasdaq 100 e-mini futures were down 0.24 percent at 4,328.
** DREAMWORKS ANIMATION SKG INC, Friday close $23.84, -6.67 pct premarket
FBR Capital Markets cut its rating on the stock to "underperform" from "market perform", according to theflyonthewall.com (bit.ly/1CxRvlz)
The analysts cited weaker-than-expected "Penguins of Madagascar" opening, theflyonthewall.com says.
** EXELIXIS INC, Friday close $1.66, -7.83 pct premarket
The company says its experimental prostate cancer drug failed to meet the main goal of a second late-stage study. Continued...