BUZZ-U.S. STOCKS ON THE MOVE-McDermott International, First Solar

Tue May 26, 2015 9:17am 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 lower on Tuesday ahead of a raft of data and after Federal Reserve Chair Janet Yellen indicated that the central bank could raise interest rates this year. Dow Jones industrial average futures were down 0.26 percent at 18,177, S&P 500 futures were down 0.35 percent at 2,117 and Nasdaq 100 futures were down 0.41 percent at 4,510.25.

** MCDERMOTT INTERNATIONAL INC, Friday close $4.67, +8.99 pct premarket

The energy-focused construction company said it received order for 12 offshore jackets from Saudi Aramco.

The contract, to be included in the second-quarter backlog, will be completed by end of the first quarter of 2016. This is the second contract from Saudi Aramco this year.

** EMC CORP, Friday close $26.84, +0.75 pct premarket

The data storage product maker said it would buy privately held Virtustream for about $1.2 billion in cash.

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