BUZZ-U.S. Stocks on the Move-Staples, Office Depot, Sanofi, Amazon

Thu Dec 11, 2014 6:54am 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, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stock index e-mini futures rose slightly on Thursday: Dow Jones industrial average futures were up 0.10 percent at 17,560, S&P 500 futures were up 0.12 percent at 2,029 and Nasdaq 100 futures were down 0.04 percent at 4,225.5.

** STAPLES INC, Wednesday close $14.815, +4.62 pct premarket

** OFFICE DEPOT INC, Wednesday close $6.725, +4.09 pct premarket

Activist investor Starboard Value LP has bought a 6 percent stake in Staples and raised its stake in Office Depot to 10 percent, in a move that could raise pressure for a combination of the office-supply retailers, the Wall Street Journal reported, citing sources.

** GOOGLE INC, Wednesday close $528.04, +0.47 pct premarket

Google said it was closing its news-linking service in Spain next week due to new legislation under which publishers can charge search engines for using their content.

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