BUZZ-U.S. STOCKS ON THE MOVE-Yum Brands, Nu Skin, GoPro, Contravir
(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. stocks were marginally higher in volatile trading on Wednesday as investor worries about corporate earnings grew and a rally in crude oil prices ended. The Dow Jones industrial average was up 0.23 percent at 16,828.17, the S&P 500 was up 0.31 percent at 1,986 and the Nasdaq Composite was up 0.20 percent at 4,757.688.
** YUM BRANDS INC, $67.9, -18.60 pct
** MCDONALD'S CORP, $101.29, -0.60 pct
Yum Brands, the owner of KFC, Taco Bell and Pizza Hut restaurants, lowered its full-year earnings per share outlook, citing slower-than-expected China sales recovery and stronger forex headwinds.
McDonald's also has significant exposure to China.
** RIO TINTO, $38.09, +7.54 pct
** BHP BILLITON, $34.23, +4.71 pct Continued...