BUZZ-U.S. STOCKS ON THE MOVE-Yelp, Big 5, Nuvasive, General Dynamics
(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) Wall Street was higher on Wednesday as investors assessed earning ahead of a statement from the U.S. Federal Reserve that could give clues regarding the timing of a rate hike. The Dow Jones industrial average was up 0.56 percent at 17,729.85, the S&P 500 was up 0.46 percent at 2,102.94 and the Nasdaq Composite was up 0.17 percent at 5,097.975.
** NATURAL HEALTH TRENDS CORP, $34.89, +41.14 pct
The direct-selling and e-commerce company's revenue for the second quarter more than doubles to $69.7 mln, helped by strong demand in Hong Kong, its biggest business.
** CYTEC, $73.84, +26.46 pct
Belgian chemical group Solvay has agreed to buy U.S. peer Cytec for $5.5 billion, giving it a bigger presence in the lightweight materials business where demand from the aerospace industry is booming.Jefferies raises price target
** YELP INC, $24.06, -28.20 pct Continued...