BUZZ-U.S. STOCKS ON THE MOVE-Silicon Image, Tetraphase, Rite Aid

Thu Dec 18, 2014 8:13am 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 futures surged on Thursday, putting the S&P 500 on track to extend gains from the prior session, as oil prices showed hints of stabilizing and ahead of data on the labor market. U.S. stock index e-mini futures were up on Thursday: Dow Jones industrial average futures were up 1.04 percent at 17,535, S&P 500 futures were up 1.07 percent at 2,035.75 and Nasdaq 100 futures were up 1.31 percent at 4,217.25.

** SILICON IMAGE INC, Wednesday close $6.74, -30.42 pct premarket

The chipmaker said it expects revenue to fall 10 percent in 2015 due to fewer mobile design wins from one its largest customers.

** TETRAPHASE PHARMACEUTICALS INC, Wednesday close $33.19, +16.30 pct premarket

The drug developer said its antibiotic to treat complicated intra-abdominal infections was as effective as Merck & Co Inc's ertapenem in a late-stage study.

** APPLE INC, Wednesday close $109.41, +1.77 pct premarket   Continued...