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