October 22, 2015 / 1:21 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-McDonald's, eBay, Valeant, Relypsa

7 Min Read

(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 was set to open higher on Thursday after strong results from McDonald's and eBay lifted sentiments and jobless claims data supported evidence of a strengthening labor market. Dow Jones industrial average futures were up 0.77 percent at 17,187, S&P 500 futures were up 0.65 percent at 2,021.5 and Nasdaq 100 futures were up 0.86 percent at 4,437.

** MCDONALD'S CORP, Wednesday close $102.54, +7.86 pct premarket

The world's biggest restaurant chain by sales reported its first rise in quarterly global same-restaurant sales in more than a year as demand recovered in China, where it had struggled after a food safety scandal, and menu changes boosted sales in the United States.

** AMERICAN EXPRESS CO, Wednesday close $76.51, -3.61 pct premarket

The world's largest credit card issuer reported a quarterly profit that missed analysts' estimates as costs rose and a strong dollar ate into revenue from its international business.

** TEXAS INSTRUMENTS INC, Wednesday close $51.9, +8.02 pct premarket

The company reported better-than-expected quarterly profit and revenue, helped by higher sales of its analog and embedded chips.

** EBAY INC, Wednesday close $24.21, +8.01 pct premarket

The company reported a stronger-than-expected quarterly profit and raised its full-year adjusted profit forecast, helping to allay concerns about the company's prospects following the spinoff of PayPal, its main engine of growth.

** ZAFGEN INC, Wednesday close $10.72, +4.48 pct premarket

The drug developer will continue with the open-label portion of the late-stage study of its drug, beloranib, in patients with Prader-Willi syndrome and mid-stage study of the drug in patients with severe obesity complicated by type 2 diabetes.

** WAFERGEN BIO-SYSTEMS INC, Wednesday close $1.05, +5.71 pct premarket

The genetic analysis provider said it signed a supply agreement for use of its Apollo 324 gene sequencing sample preparation system with privately held Reprogenetics.

** DOW CHEMICAL CO, Wednesday close $47.48, +4.99 pct premarket

The company said it would "review all options" for its agrosciences business, after the unit reported its third straight quarter of sales decline on Thursday.

** KINDER MORGAN INC, Wednesday close $31.42, -4.68 pct premarket

The U.S. pipeline operator on Wednesday raised its quarterly dividend but said the payout would grow a bit slower next year.

** RELYPSA INC, Wednesday close $16.15, -28.79 pct premarket

The U.S. Food and Drug Administration approved the drugmaker's oral drug, that carries a warning, to treat potentially fatal levels of potassium in patients with chronic kidney disease or heart problems.

** VALEANT PHARMACEUTICALS, Wednesday close $118.61, -4.49 pct premarket

The company's stock fell following Citron's report costing investor billions, but analysts at bulge-bracket banks sat tight on their recommendations.

** AT&T INC, Wednesday close $33.6, -0.42 pct premarket

The company said on Wednesday that consensus revenue estimates for its third-quarter were "inflated" as they differed from its own accounting, which includes results from DirecTV, acquired by the No. 2 U.S. wireless carrier in July. It is expected to report results after market.

** COCA-COLA CO, Wednesday close $42.19, +0.09 pct premarket

An environmental protection bureau in northwest China said police temporarily detained an executive at a company bottling facility in Gansu province after they found the facility had falsified pollution data.

** DUNKIN' BRANDS GROUP INC, Wednesday close $41.04, +0.76 pct premarket

The company reported better-than-expected quarterly revenue, helped by increased royalties from franchisees and higher sales at company-operated restaurants.

** ELI LILLY & CO, Wednesday close $77.01, +1.42 pct premarket

The drugmaker reported a nearly 2 percent rise in revenue, helped by higher demand for its diabetes and cancer drugs.

** PERRIGO CO PLC, Wednesday close $155.24, -1.40 pct premarket

The drugmaker said it would cut about 800 jobs and buy back $2 billion worth of common shares as it looks to stave off a hostile bid from Mylan NV.

** TECK RESOURCES LTD, Wednesday close $6.38

The Canadian miner swung to a quarterly loss due to a C$2.2 billion asset impairment charge in its steel-making coal and other businesses.

** FIAT CHRYSLER AUTOMOBILES NV, Wednesday close $15.2, +0.66 pct premarket

The company's stock rose following the Wall Street debut of its luxury unit, Ferrari.

** PULTEGROUP INC, Wednesday close $19.45, -4.88 pct premarket

The no.3 U.S. homebuilder, reported a 23 percent fall in quarterly profit as it sold fewer homes.

** LAZARD LTD, Wednesday close $45.24

The investment bank and asset manager reported a better-than-expected quarterly profit, helped by a rise in advisory fees related to mergers and acquisitions.

** 3M CO, Wednesday close $149.82, +0.79 pct premarket

The maker of Scotch tape and Post-it notes reported a 5 percent decline in third-quarter net sales and said it would cut about 1,500 jobs next year, citing a global economic slowdown.

** TWITTER INC, Wednesday close $29.3, -0.17 pct premarket

In his second public appearance since being named Twitter's permanent chief executive earlier this month, Jack Dorsey on Wednesday apologized to the developers who work with the social media company to create apps.

** JUNIPER NETWORKS INC, Wednesday close $29.8

The network gear maker is expected to report third quarter revenue above average anlaysts' estimate, according to StarMine data.

** STRYKER CORP, Wednesday close $99.79

The medical technology company is expected to report its third-quater revenue in line with analysts' estimates, according to StarMine data.

** AMAZON.COM INC, Wednesday close $555.77, +1.16 pct premarket

The e-commerce company is expected to report third quarter revenue above analyst estimates, according to StarMine data, helped by higher sales in North America and growth in its web services business.

** PANDORA MEDIA INC, Wednesday close $19.26, +0.21 pct premarket

The Internet radio company is ecpected to report revenue above analyst expectations, according to StarMine data, as it earns more from mobile and desktop advertisements.

** ALPHABET INC, Wednesday close $671.8, +0.59 pct premarket

Wall Street will look for whether Google, which has now morphed itself into a holding company Alphabet Inc, will be able to beat profit estimates again after halting six quarters of misses last quarter.

** MICROSOFT CORP, Wednesday close $47.2, +0.51 pct premarket

Analysts expect Microsoft to miss profit expectations, according to StarMine, hurt by a decline in global PC shipments. (Compiled by Manish Parashar in Bengaluru; Editing by Maju Samuel)

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