BUZZ-U.S. STOCKS ON THE MOVE-GE, American Apparel, Potash, Spark Therapeutics

Mon Oct 5, 2015 8:32am 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, U.S. stock index e-mini futures rose on Monday after Friday's tepid jobs data raised fresh doubts if the economy was strong enough to absorb an interest rate increase this year: Dow Jones industrial average futures were up 0.67 percent at 16,486, S&P 500 futures were up 0.69 percent at 1,956.5 and Nasdaq 100 futures were up 0.65 percent at 4,288.75.

** GENERAL ELECTRIC CO, Friday close $25.47, +3.73 pct premarket

Nelson Peltz's Trian Fund Management said it had bought $2.5 billion in shares of the industrial conglomerate since May, making it one of the company's top 10 shareholders.

GE is now Trian's largest investment with a beneficial ownership of 98.5 million shares, or a roughly 1 percent stake.

** TWITTER INC, Friday close $26.31, +1.60 pct premarket

Twitter named interim Chief Executive Jack Dorsey as its permanent CEO on Monday. Dorsey has served as interim CEO for the past three months, after Dick Costolo stepped down on July 1.

** AMERICAN APPAREL INC, Friday close $0.1123, -24.31 pct premarket   Continued...