BUZZ-U.S. STOCKS ON THE MOVE-Kohl's, Coty, Cisco, Paragon Offshore
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U.S. stock indexes fell on Thursday as strong economic data raised the probability that the Federal Reserve could raise interest rates as early as September, rather than later this year. The Dow Jones industrial average was down 0.16 percent at 17,375.45, the S&P 500 was down 0.14 percent at 2,083.08 and the Nasdaq Composite was up 0.06 percent at 5,047.308.
** TESLA MOTORS INC, $239.99, +0.76 pct
The electric-car maker said it planned to raise about $500 million through the sale of 2.1 million shares. Chief Executive Elon Musk has indicated an interest in buying nearly 84,000 shares for about $20 million in the offering.
** CISCO SYSTEMS INC, $29.06, +4.16 pct
The network equipment maker reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere.