BUZZ-U.S. STOCKS ON THE MOVE-Intercept, Carmax, Darden, Red Hat
(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. stock indexes were lower in early morning trading on Friday as crude oil prices headed for their third straight weekly loss on global oversupply concerns. The Dow Jones industrial average was down 1.00 percent at 17,321.67, the S&P 500 was down 0.84 percent at 2,024.78 and the Nasdaq Composite was down 0.59 percent at 4,972.904.
** INTERCEPT PHARMACEUTICALS INC, $156.47, -5.71 pct
The U.S. Food and Drug Administration has postponed by three months its decision on Intercept Pharmaceuticals' marketing application for its lead drug, to treat a kind of liver disease.
** CARMAX INC, $50.91, -10.92 pct
The largest U.S. used-car seller reports Q3 revenue and profit below average analyst estimates as store traffic decreased
** KNIGHT TRANSPORTATION INC, $22.89, -6.61 pct Continued...