BUZZ-U.S. STOCKS ON THE MOVE-Aeropostale, Apollo, Banco Santander

Thu Jan 8, 2015 1:25pm EST
 
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(Adds Apple, China Jo-Jo, Pier 1, Conn's Inc, Protalix, Isis, Biogen, Stage Stores, Pfizer, Stemline, Cyren, Andersons, Pacific Sunwear, Regulus, PDF Solutions, Boston Scientific, oil stocks; Updates American Eagle, Yahoo) (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. stocks surged for a second day on Thursday, after equities snapped a five-session streak of losses in the prior session, on expectations for continued acceleration in the U.S. economy and more aggressive action by the European Central Bank. The Dow Jones industrial average was up 1.74 percent at 17,889.95, the S&P 500 was up 1.73 percent at 2,060.99 and the Nasdaq Composite was up 1.59 percent at 4,724.61.

** FORD MOTOR CO, $15.365, +2.16 pct

The carmaker raised its quarterly dividend 20 percent; to pay 15 cents per share first-quarter dividend. Ford on Monday reported 1 percent rise in December sales.

** APPLE INC, $111.81, +3.77 pct

Janney Capital Markets analysts said the company was likely to beat Wall Street expectations in the first quarter on the back of strong iPhone sales, according to TheStreet.

Analysts raised iPhone sales estimate to 62 million from 60 million and earnings and revenue forecasts to slightly above average estimate. Apple said App Store billings rose 50 percent in 2014.   Continued...