BUZZ-U.S. STOCKS ON THE MOVE-Pep Boys, Transocean, Ferrari
(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 index futures were lower in thin volumes on Monday. Dow Jones industrial average futures were down 0.51 percent at 17,360, S&P 500 futures were down 0.50 percent at 2,041 and Nasdaq 100 futures were down 0.36 percent at 4,594.25.
** ALIBABA GROUP HOLDING LTD, Thursday close $83.71, -0.94 pct premarket
The world's biggest e-commerce company has agreed to invest $1.25 billion in Chinese online food delivery service Ele.me, leading business weekly Caixin reported on Friday.
** FERRARI NV, Thursday close $46.75
Ferrari North America Inc, a division of Ferrari, is recalling some 2016 California T vehicles due to the risk of a fuel leak in the engine compartment, according to a U.S. Department of Transportation (DOT) notice on Friday.
** PEP BOYS-MANNY MOE & JACK, Thursday close $17.51 Continued...