BUZZ-U.S. STOCKS ON THE MOVE-Dow Chemical, eBay, Relypsa, Valeant
(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 higher on Thursday after McDonald's and eBay reported strong quarterly results and jobless claims data pointed to improvements in the labor market. The Dow Jones industrial average was up 1.11 percent at 17,358.58, the S&P 500 was up 1.05 percent at 2,040.16 and the Nasdaq Composite was up 1.11 percent at 4,893.631.
** MCDONALD'S CORP, $109.01, +6.31 pct
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.
** EBAY INC, $26.9946, +11.50 pct
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.
** TEXAS INSTRUMENTS INC, $57.46, +10.71 pct Continued...