BUZZ-U.S. STOCKS ON THE MOVE-China Finance, Array Biopharma, Joy Global

Wed Dec 16, 2015 8:56am 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. stock index e-mini futures were higher on Wednesday ahead of a widely expected hike in interest rates by the Federal Reserve later in the day. Dow Jones industrial average futures were up 0.59 percent at 17,654, S&P 500 futures were up 0.54 percent at 2,056.5 and Nasdaq 100 futures were up 0.52 percent at 4,629.75.

** CHINA FINANCE ONLINE CO LTD, Tuesday close $4.56, +41.23 pct premarket

The web-based financial services company reported a net income for the third quarter, compared with a loss a year earlier, helped by strong revenue from its financial services business.

** ARRAY BIOPHARMA INC, Tuesday close $3.83, +31.33 pct premarket

The company said its experimental drug helped patients with a form of melanoma live longer without their cancer progressing, in an ongoing late-stage study.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Tuesday close $109.59, +2.66 pct premarket

The Canadian drugmaker cut its revenue and profit forecasts for 2015, but said it still expected double-digit percentage sales growth through higher volumes in 2016. nL3N1453RF]   Continued...