BUZZ-U.S. STOCKS ON THE MOVE-Microsoft, Potash Corp, Peabody
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U.S. stock index futures fell on Wednesday as a rout in Chinese markets deepened and as investors continue to keep a wary eye on developments in the Greek debt crisis. Dow Jones industrial average e-mini futures were down 0.74 percent at 17,550, S&P 500 futures were down 0.75 percent at 2,058.25 and Nasdaq 100 futures were down 0.71 percent at 4,390.75.
** MICROSOFT CORP, Tuesday close $44.3, -0.68 pct premarket
The world's largest software company plans to announce a new round of layoffs as early as Wednesday as it tries to cut costs further, the New York Times reported.
** SYMANTEC CORP, Tuesday close $22.79
** CARLYLE GROUP LP, Tuesday close $27.94
Software security company Symantec is in talks to sell its Veritas data storage business to private equity firm Carlyle Group, a person familiar with the matter said on Tuesday. Continued...