BUZZ-U.S. STOCKS ON THE MOVE-Citigroup, 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 0.52 percent at 16,909, S&P 500 futures were up 0.74 percent at 1,998.75 and Nasdaq 100 futures were up 0.83 percent at 4,362.25.
** TRANSITION THERAPEUTICS INC, Wednesday close $1.93, +15.03 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, -1.25 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.
** CITIGROUP INC, Wednesday close $50.72, +2.92 pct premarket
The third biggest U.S. bank by assets reported a 51 percent rise in quarterly profit as a fall in operating, legal and repositioning costs more than made up for lower revenue. Continued...