August 11, 2015 / 12:23 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Google, Symantec, Terex, Shake Shack

6 Min Read

('(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 e-mini futures fell on Tuesday after China, in a surprise move, devalued the yuan in its latest effort to prop up economic growth. The move strengthened the dollar, which weighed on oil, copper and gold prices.

Dow Jones industrial average futures were down 0.80 percent at 17,412, S&P 500 futures were down 0.73 percent at 2,084.5 and Nasdaq 100 futures were down 0.45 percent at 4,545.5.

** GOOGLE INC A, Monday close $663.14, +5.12 pct premarket

** GOOGLE INC C, Monday close $633.73, +5.19 pct premarket

The company overhauled its operating structure, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.

** SYMANTEC CORP, Monday close $22.91, +2.53 pct premarket

** CARLYLE GROUP LP, Monday close $25.17, +0.20 pct premarket

The antivirus maker said it would sell its data storage business, Veritas, for $8 billion in cash to a group that includes Carlyle Group and Singapore's sovereign wealth fund GIC.

** TEREX CORP, Monday close $21.83, +21.67 pct premarket

The U.S. heavy equipment maker and Finland's Konecranes Abp have agreed on an all-share merger to complement their businesses and achieve cost savings.

** APPLE INC, Monday close $119.72, -1.50 pct premarket

** EXXON MOBIL, Monday close $78.75, -1.71 pct premarket

** CATERPILLAR INC, Monday close $80.16, -1.57 pct premarket

** CHEVRON CORP, Monday close $85.89, -1.15 pct premarket

The four were the biggest losers among the 30 components on the Dow Jones industrial average.

** KRAFT HEINZ CO, Monday close $78.81, -2.42 pct premarket

The packaged food company formed by the merger of ketchup maker H.J. Heinz Co and Kraft Foods Group Inc said sales fell 4.9 percent at Kraft and 4.1 percent at ketchup maker Heinz in the last quarter before the merger was completed.

** SHAKE SHACK INC, Monday close $70.64, +6.17 pct premarket

The hamburger chain, known for its indulgent hormone- and antibiotic-free burgers and sides, reported better-than-expected quarterly profit and sales.

** ICU MEDICAL INC, Monday close $101.07, +15.89 pct premarket

The medical device maker posted a higher second-quarter profit, helped by lower costs, and raised its revenue and profit forecasts for the full year.

** YODLEE INC, Monday close $12.6, +37.06 pct premarket

** ENVESTNET INC, Monday close $45.21

Envestnet, a wealth management technology provider, said it would buy financial software maker Yodlee for about $560 million.

** TUBEMOGUL INC, Monday close $11.39, +22.91 pct premarket

The advertising software maker reported better-than-expected Q2 revenue, as it provided brand advertisers with advertising software to transform their media planning.

** NOVAVAX INC, Monday close $11.19, +8.58 pct premarket

A vaccine developed by Novavax was shown to prevent a common respiratory viral infection in a mid-stage study, taking it one step closer to becoming the first vaccine for the virus that affects almost all American children.

** ORGANOVO HOLDINGS INC, Monday close $3.4, -19.71 pct premarket

The provider of 3D bioprinting technology for the health industry posted a bigger quarterly loss as operating expenses rose 35 percent.

** NTELOS HOLDINGS CORP, Monday close $7.31, +22.44 pct premarket

** Shenandoah Telecommunications Co

NTELOS, a wireless service provider, will be bought by Shenandoah in an all-cash deal valued at about $640 million, including net debt.

** NEWMONT MINING CORP, Monday close $16.95, +0.83 pct premarket

** KINROSS GOLD CORP, Monday close $2.06, +3.40 pct premarket

** BARRICK GOLD CORP, Monday close $7.61, +1.97 pct premarket

Gold rose more than one percent on Tuesday as the dollar cut gains and European stocks fell and investors assessed the impact of China's move to devalue its currency and prop up its economy.

** TAKE-TWO INTERACTIVE SOFTWARE INC, Monday close $30.94, -3.14 pct premarket

The video-game publisher's adjusted profit missed Wall Street estimates for the first time in more than two years as expenses soared 30 percent.

** HERTZ GLOBAL HOLDINGS INC, Monday close $17.12, -4.21 pct premarket

The car rental company reported a 5 percent decline in quarterly revenue, hurt by a strong dollar and lower car rental volume in the United States.

** YUME INC, Monday close $4.6, -10.22 pct premarket

The video brand advertiser forecast third-quarter revenue below estimates on Monday.

Piper Jaffray and Needham downgraded the stock.

** SYMETRA FINANCIAL CORP, Monday close $29.52, +6.71 pct premarket

The U.S. life insurance company said it agreed to be bought by Japan's Sumitomo Life Insurance Co for about $3.8 billion in cash.

** CONOCOPHILLIPS, Monday close $50.2, -1.20 pct premarket

The U.S. oil and gas company is reviewing its portfolio in Indonesia and may soon seek buyers for a stake in a production sharing block it operates in the Natuna Sea, company and government sources said.

** RACKSPACE HOSTING INC, Monday close $31.73, +3.66 pct premarket

The web hosting company reported an 11 percent rise in quarterly revenue and raised its share buyback program to up to $1 billion. (Compiled by Anya George Tharakan in Bengaluru; Editing by Savio D'Souza)

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