BUZZ-U.S. STOCKS ON THE MOVE-Viggle, eLong, Aeropostale, Otonomy
(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 futures reverse course to trade lower on Friday after data showed consumer prices moderated in April but core inflation rose, suggesting the Federal Reserve would remain on track to raise interest rates later this year. Dow Jones industrial average futures were down 0.12 percent at 18,237, S&P 500 futures were down 0.18 percent at 2,124.25 and Nasdaq 100 futures were down 0.06 percent at 4,526.25.
** EXPEDIA INC, Thursday close $105.89, +3.22 pct premarket
** ELONG INC, Thursday close $20.65, +34.62 pct premarket
** CTRIP.COM INTERNATIONAL LTD, Thursday close $71.99, +6.96 pct premarket
Expedia said it sold its entire stake in Chinese online travel company eLong to rival Ctrip.com and others for about $671 million.
** VIGGLE INC, Thursday close $3.09, -15.86 pct premarket
The web-based entertainment and marketing services provider announces a public offering of common shares. The size of the offering was not disclosed. Continued...