BUZZ-U.S. Stocks on the Move-Energy stocks, Lands' End, Synthesis

Wed Dec 10, 2014 1:03pm 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. stocks were lower near midday on Wednesday, weighed down by a sharp decline in the energy sector on the latest weakness in oil prices. The Dow Jones industrial average was down 0.86 percent at 17,647.51, the S&P 500 was down 0.76 percent at 2,044.21 and the Nasdaq Composite was down 0.65 percent at 4,735.57.

** GLAXOSMITHKLINE PLC, $43.22, -2.02 pct

Bank of America Merrill Lynch cut its rating to "underperform" from "neutral" on Britain's biggest drugmaker , citing near-term margin pressures, lower long-term expectations for new respiratory products and reduced buybacks given lower earnings.

** SEVENTY SEVEN ENERGY INC, $4.81, -14.87 pct

** REX ENERGY CORP, $5.17, -5.40 pct

** SANCHEZ ENERGY CORP, $7, -7.53 pct   Continued...