BUZZ-U.S. STOCKS ON THE MOVE-HP, PTC Therapeutics, Guess, Deere
(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 set to open higher on Wednesday as a barrage of data painted a picture of moderate economic growth, giving Federal Reserve policymakers more to chew on as they consider whether to raise interest rates next month. Dow Jones industrial average futures were up 0.23 percent at 17,805, S&P 500 futures were up 0.16 percent at 2,088 and Nasdaq 100 futures were up 0.18 percent at 4,674.25.
** HP INC, Tuesday close $14.64, -8.13 pct premarket
** HEWLETT PACKARD ENTERPRISE CO, Tuesday close $13.69, +2.34 pct premarket
HP Inc, which houses former Hewlett-Packard Co's legacy printer and PC business, forecast adjusted profit for the first quarter below market expectations as it struggles with weak sales of PCs and printers. Hewlett Packard Enterprise, which is headed by Meg Whitman and holds the corporate hardware and services businesses, maintained its adjusted profit forecast for the year.
** ABENGOA AG, Tuesday close $4.65, -47.53 pct premarket
Heavily indebted engineering Spanish firm Abengoa is seeking creditor protection after a new investor backed out of injecting fresh equity.