BUZZ-U.S. STOCKS ON THE MOVE-Apple, NephroGenex, GoPro, Newell

Mon Dec 14, 2015 9:09am EST
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter, U.S. stocks were set to open little changed on Monday as investors brace for a widely expected rate hike and crude prices flirted with their 11-year lows. Dow Jones industrial average futures were up 0.07 percent at 17,273, S&P 500 futures were up 0.17 percent at 2,013.25 and Nasdaq 100 futures were up 0.06 percent at 4,541.75.

** TRINA SOLAR LTD, Friday close $9.55, +7.85 pct premarket

The Chinese solar panel maker said on Monday it received a preliminary proposal from its chief executive and Shanghai Xingsheng Equity Investment & Management Co to take the company private.

** ATARA BIOTHERAPEUTICS INC, Friday close $33.2, -36.14 pct premarket

The drug developer said it would stop developing its kidney drug after the treatment failed to meet the main goal of a mid-stage study.

** APPLE INC, Friday close $113.18, -1.30 pct premarket

Barclays and Morgan Stanley cut their price targets on the IPhone maker's stock. Morgan Stanley analysts in a note on Sunday said IPhone unit sales are expected to fall about 6 percent in FY16 as higher prices in markets outside the Americas, excluding China, and maturing smartphone penetration in developed markets weigh on upgrades and new user growth.   Continued...