BUZZ-U.S. STOCKS ON THE MOVE-Jinpan International, Civeo, Neuroderm
(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 indexes fell on Tuesday, with major indexes pulling back from record levels as the recent trend of modest moves and low volume continued in the next-to-last trading day of the year. The Dow Jones industrial average was down 0.32 percent at 17,980.64, the S&P 500 was down 0.35 percent at 2,083.35 and the Nasdaq Composite was down 0.40 percent at 4,787.594.
** CIVEO CORP, $4.11, -50.30 pct
The company, which provides temporary housing for oilfield workers and miners, slashed its workforce on Monday and said revenue could fall by a third as slumping crude prices force oil producers to cut costs.
** JINPAN INTERNATIONAL LTD, $6.487, -11.74 pct
The company's Chief Executive Zhiyuan Li and investor FNOF E&M Investment Ltd withdrew their proposal to take Jinpan private.
** IAMGOLD CORP, $2.56, +7.11 pct Continued...