BUZZ-U.S. STOCKS ON THE MOVE-LinkedIn, Baidu, Valeant, Solarcity
(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. stock index futures were slightly higher on Friday ahead of earnings reports from energy giants Exxon and Chevron and data on consumer spending. Dow Jones industrial average futures were up 0.11 percent at 17,703, S&P 500 futures were up 0.12 percent at 2,085.5 and Nasdaq 100 futures were up 0.12 percent at 4,667.25.
** LINKEDIN CORP, Thursday close $217, +13.79 pct premarket
The company's quarterly revenue and profit handily beat analysts' estimates as the world's biggest professional networking website operator earned more from its recruitment services business and from advertisements and paid memberships.
** BAIDU INC, Thursday close $168.99, +7.57 pct premarket
China's biggest Internet search company reported a 36 percent rise in quarterly revenue as more advertising money flowed into the company's core search engine business.
** VALEANT PHARMACEUTICALS INTERNATIONAL, Thursday close $111.5, -5.83 pct premarket
The Canadian drugmaker said it is terminating all ties with Philidor due to allegations relating to the specialty pharmacy distributor's business practices.