BUZZ-U.S. Stocks on the Move-Autozone, Bluebird Bio, Seadrill
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U.S. stock index futures declined on Tuesday, putting the S&P 500 on track to extend losses after suffering its biggest drop since Oct. 22 in the prior session on concerns about global growth. Dow Jones industrial average futures were down 0.70 percent at 17,726, S&P 500 futures were down 0.70 percent at 2,045 and Nasdaq 100 futures were down 0.74 percent at 4,247.5.
** AUTOZONE INC, Monday close $581.05, +2.06 pct premarket
The second-largest U.S. auto parts retailer reported a higher-than-expected quarterly profit, helped by lower gas prices and colder-than-usual weather that encouraged customers to ready their cars for a harsh winter.
** BLUEBIRD BIO INC, Monday close $48.89, +59.60 pct premarket
The drug developer said four beta-thalassemia patients transplanted with its LentiGlobin product, including one with the most severe form of the genetic blood disorder, were essentially cured, prompting several brokerages to raise their price targets on the stock. Roth Capital Partners raised its price target to $90 from $50, Piper Jaffray to $112 from $52, Suntrust Robinson to $115 from $57 and Wedbush Securities to $94 from $51