BUZZ-U.S. STOCKS ON THE MOVE-Transition Therapeutics, Valeant, Netflix
(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 futures rose on Thursday as investors await key economic data and earnings reports. Dow Jones industrial average futures were up 0.43 percent at 16,894, S&P 500 futures were up 0.60 percent at 1,996 and Nasdaq 100 futures were up 0.76 percent at 4,359.5.
** TRANSITION THERAPEUTICS INC, Wednesday close $1.93, +27.46 pct premarket
The drug developer said its experimental drug reduced severe agitation and aggression in Alzheimer's patients, citing data from a large study.
** UNITEDHEALTH GROUP INC, Wednesday close $122.07, +0.31 pct premarket
The largest U.S. health insurer reported a better-than-expected profit in the third quarter, helped by higher revenue from its Optum pharmacy management business and new enrollments.
** WAL-MART STORES INC, Wednesday close $60.03, -0.98 pct premarket
The world's biggest retailer warned on Wednesday that higher wages as well as spending on e-commerce and lower prices would cut earnings per share as much as 12 percent next fiscal year. Continued...