BUZZ-U.S. STOCKS ON THE MOVE-Kraft Foods, Kofax, Apollo Education

Wed Mar 25, 2015 9:01am EDT
 
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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 were little changed in light volume on Wednesday ahead of industrial orders data, with deals indicating investors still see value in the market despite indexes trading near all time highs. Dow Jones industrial average e-mini futures were down 0.05 percent at 17,940, S&P 500 e-mini futures were up 0.02 percent at 2,085.5 and Nasdaq 100 e-mini futures were up 0.07 percent at 4,432.25.

** KRAFT FOODS GROUP INC, Tuesday close $61.325, +34.63 pct premarket

The maker of Velveeta cheese and Oscar Mayer meats will merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Berkshire Hathaway Inc, to form North America's third-largest food and beverage company.

** KOFAX LTD, Tuesday close $7.5, +45.60 pct premarket

** LEXMARK INTERNATIONAL INC, Tuesday close $40.79, +5.42 pct premarket

Lexmark, known for its printers, said it would buy Kofax in an about $1 billion deal that would double the size of its enterprise software business.

** NATIONSTAR MORTGAGE HOLDINGS INC, Tuesday close $31.14, -8.96 pct premarket   Continued...