BUZZ-U.S. STOCKS ON THE MOVE-Barnes & Noble, Violin Memory, bank stocks
(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) The Dow Jones industrial average rose about 2 percent on Friday, its biggest gain in three months, after U.S. jobs data suggested the economy was robust enough for the Federal Reserve to raise interest rates for the first time in nearly a decade. The Dow Jones industrial average was up 1.99 percent at 17,825.22, the S&P 500 was up 1.82 percent at 2,086.95 and the Nasdaq Composite was up 1.88 percent at 5,132.005.
** BARNES & NOBLE INC, $9.62, -20.17 pct
The largest U.S. bookstore chain reported a surprise fall in quarterly comparable store sales, hurt by store closures, lower online sales and weak demand for its Nook tablets.
** FUELCELL ENERGY INC, $8.13, -16.97 pct
The fuel cell maker announced a 1-for-12 reverse stock split, effective Friday, which will reduce the number of authorized shares of common stock to 39.6 million from 475 million.
** ULTA SALON COSMETICS AND FRAGRANCE INC, $183.815, +12.64 pct Continued...