BUZZ-U.S. Stocks on the Move-McDonald's, Bristol-Meyers, Cubist Pharma
Dec 8 - (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 futures dipped on Monday, indicating the S&P 500 may retreat from a record high, as soft data in China and Japan stoked global growth concerns. Dow Jones industrial average futures were down 0.31 percent at 17,897, S&P 500 futures were down 0.31 percent at 2,069.5 and Nasdaq 100 futures were down 0.34 percent at 4,298.75.
** MCDONALD'S CORP, Friday close $96.31, -3.23 pct premarket
McDonald's reported a steeper-than-expected fall in global same-restaurant sales in November and said current-quarter results would be hurt by the after-effects of a supplier scandal in China and a stronger dollar.
** BRISTOL-MYERS SQUIBB CO, Friday close $60.65
Eighty-seven percent of Hodgkin lymphoma patients responded to a Bristol-Myers Squibb drug that helps the immune system fight the blood cancer, according to data from a small, early stage trial released on Saturday.
** MERCK & CO INC, Friday close $61.49, -0.15 pct premarket Continued...