BUZZ-U.S. STOCKS ON THE MOVE-Valeant, SolarWinds, Pearson, Athersys
(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 little changed on Wednesday as healthcare stocks resumed their slide for a second day, offsetting gains by General Motors and technology stocks. Dow Jones industrial average futures were up 0.47 percent at 17,188, S&P 500 futures were up 0.33 percent at 2,027.25 and Nasdaq 100 futures were up 0.51 percent at 4,447.5.
** FERRARI, $56.97, +9.56 pct
Shares of the company opened at $60 in debut, more than 15 percent above the IPO price of $52/share.
** GENERAL MOTORS CO, $35.17, +5.05 pct
The company reported record quarterly earnings before charges for the third quarter, as strong demand for trucks in North America and improved profit margins in China overcame declining revenues.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, $114.53, -21.95 pct Continued...