BUZZ-U.S. Stocks on the Move-Conn's, Autozone, Bluebird Bio, Idera

Tue Dec 9, 2014 9:14am EST
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter,

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 0.81 percent at 17,706, S&P 500 futures were down 0.89 percent at 2,041.25 and Nasdaq 100 futures were down 0.93 percent at 4,239.

** CONN'S INC, Monday close $35.09, -35.88 pct premarket

The electronics and home appliance retailer withdrew its 2015 profit forecast. CFO Brian Taylor resigned and Mark Haley was appointed interim CFO. The company reported a third-quarter loss of 8 cents per share, compared with a profit of 66 cents per share a year earlier. Conn's, which has been exploring strategic alternatives, said it is "actively engaged" in preliminary discussions with multiple parties.

** AUTOZONE INC, Monday close $581.05, +3.78 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.