BUZZ-U.S. STOCKS ON THE MOVE-HeartWare, NewBridge, airline stocks
(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) Wall Street recovered from earlier losses in muted trading on Tuesday, helped by a rise in health care stocks, but gains were constrained by renewed fears of slowing growth in China. The Dow Jones industrial average was up 0.03 percent at 17,136.54, the S&P 500 was unchanged at 2,017.48 and the Nasdaq Composite was up 0.08 percent at 4,842.503.
** TWITTER INC, $30.23, +5.15 pct
The microblogging website operator will lay off up to 336 employees, or about 8 percent of its workforce, as co-founder Jack Dorsey readies to revive growth in the company's user base in his second stint as chief executive.
** WAUSAU PAPER CORP, $10.115, +38.75 pct
Swedish paper and hygiene products maker SCA said on Tuesday it had agreed to buy U.S. tissue maker Wausau Paper for $513 million in cash, in another step to focus on products ranging from tissues to incontinence protection.
** HEARTWARE INTERNATIONAL INC, $36.505, -17.09 pct Continued...