BUZZ-U.S. STOCKS ON THE MOVE-Rewalk Robotics, Teekay, Polaris, Apple
(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) Wall Street was set to snap a three-day rally on Thursday, dragged down by energy and materials stocks, a day after the Federal Reserve raised interest rates for the first time in nine years. The Dow Jones industrial average was down 1.04 percent at 17,563.62, the S&P 500 was down 1.20 percent at 2,048.17 and the Nasdaq Composite was down 1.02 percent at 5,019.493.
** REWALK ROBOTICS LTD, $12.1508, +102.51 pct
The company said the U.S. Department of Veterans Affairs issued a national policy for evaluation, training and procurement of the ReWalk exoskeleton for military veterans across the United States.
** TEEKAY LNG PARTNERS, $9.49, -48.37 pct
** TEEKAY CORP, $7.08, -59.52 pct
** TEEKAY OFFSHORE PARTNERS LP, $4, -48.72 pct
Teekay LNG slashed its quarterly dividend to 14 cents per share from 70 cents. RBC Capital Market analysts cut their price target to $23 from $29, while Seaport Global Securities downgraded the stock to "neutral" from "accumulate". Seaport analysts also downgrades parent Teekay Corp to "neutral" from "buy" and its unit, Teekay Offshore Partners LP to "neutral" from "accumulate". Continued...