BUZZ-U.S. STOCKS ON THE MOVE-Morgan Stanley, Weight Watchers, Hasbro

Mon Oct 19, 2015 10:16am 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. stocks opened lower on Monday after a swathe of weak results led by Morgan Stanley and Halliburton. Dow Jones industrial average futures were down 0.13 percent at 17,092, S&P 500 futures were down 0.19 percent at 2,021.75 and Nasdaq 100 futures were down 0.01 percent at 4,434.25.

** MORGAN STANLEY, $32.14, -5.33 pct

The Wall Street bank's profit slumped for the second straight quarter as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a U.S. interest rate hike and concerns about China's cooling economy.

** MICROSEMI CORP, $36.31, -2.81 pct

** PMC-SIERRA INC, $11.7013, +14.27 pct

Microsemi offered to buy PMC-Sierra in deal valued at about $2.2 billion, trumping Skyworks Solutions Inc's offer of $2 billion.   Continued...