BUZZ-U.S. STOCKS ON THE MOVE-Broadcom, GM, Semtech, Western Digital

Thu May 28, 2015 7:35am 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,; for the Morning News Call newsletter, Dow Jones industrial average futures were down 0.21 percent at 18,103, S&P 500 futures were down 0.17 percent at 2,117.5 and Nasdaq 100 futures were down 0.11 percent at 4,537.25.

** GENERAL MOTORS CO, Wednesday close $35.81, +1.09 pct premarket

A U.S. bankruptcy judge on Wednesday put on hold dozens of lawsuits accusing the carmaker of concealing an ignition-switch defect while plaintiffs in those cases appeal an earlier ruling that found their cases were barred.

** SEMTECH CORP, Wednesday close $24.62, -6.30 pct premarket

B Riley downgraded the semiconductor maker's stock to "sell", according to, and cut its price target to $21 from $26.

** WESTERN DIGITAL CORP, Wednesday close $94.37, +1.64 pct premarket   Continued...