BUZZ-U.S. STOCKS ON THE MOVE-GlobeImmune, Michael Kors, Tiffany, Emerald Oil

Wed May 27, 2015 9:24am 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. stocks were set to open higher on Wednesday, a day after notching their steepest fall in three weeks as the dollar enjoyed its biggest rally in two years.

Dow Jones industrial average futures were up 0.11 percent at 18,072, S&P 500 futures were up 0.08 percent at 2,106.75 and Nasdaq 100 futures were up 0.16 percent at 4,487.

** MICHAEL KORS HOLDINGS LTD, Tuesday close $60.59, -17.81 pct premarket

Michael Kors reported its slowest growth in quarterly revenue since it went public in December 2011 as demand for its handbags and accessories weakened in North America.

** TIFFANY & CO, Tuesday close $85.53, +7.74 pct premarket

The luxury jeweler Tiffany reported better-than-expected quarterly profit and sales, helped by strong demand for its Tiffany T line and higher sales in the Americas and Europe.

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