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

Mon Oct 5, 2015 9:17am 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, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index e-mini futures rose on Monday after tepid U.S. jobs data on Friday hardened views that the Federal Reserve will not raise interest rates this year: Dow Jones industrial average futures were up 0.68 percent at 16,488, S&P 500 futures were up 0.69 percent at 1,956.5 and Nasdaq 100 futures were up 0.60 percent at 4,286.75were up 0.61 percent at 4,287.25.

** GENERAL ELECTRIC CO, Friday close $25.47, +3.14 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.

** SPARK THERAPEUTICS INC, Friday close $43.93, +40.00 pct premarket

The drug developer said its experimental gene therapy met main goal of improving vision in patients with a type of inherited eye disorder, in late-stage study.

** TWITTER INC, Friday close $26.31, +2.74 pct premarket   Continued...