BUZZ-U.S. STOCKS ON THE MOVE-Chipotle, Buffalo Wild Wings, Marathon Petroleum
(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. stocks gave up early gains and turned negative on Wednesday after data showed that the economy's service sector expanded at a slower-than-expected rate, raising concerns that weakness in manufacturing is spreading to other sectors. The Dow Jones industrial average was down 0.09 percent at 16,139.43, the S&P 500 was down 0.63 percent at 1,890.98 and the Nasdaq Composite was down 1.07 percent at 4,468.47.
** CHIPOTLE MEXICAN GRILL INC, $461.04, -3.08 pct
The burrito chain said a federal criminal probe linked to a food-safety incident at a California restaurant has widened into a national investigation. Fourth-quarter sales at established restaurants fell 14.6 percent, the first decline in Chipotle's 10-year existence as a public company.
** BUFFALO WILD WINGS, $142.25, -5.17 pct
Johnson County's Department of Health and Environment was investigating reports of gastrointestinal illness that has sickened at least 10 people who visited BWLD's Grill and Bar in Overland Park, Kansas
** MARATHON PETROLEUM CORP, $36.39, -9.64 pct Continued...