BUZZ-U.S. STOCKS ON THE MOVE-Twitter, gold stocks, Mylan, Cisco
(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 plunged on Thursday, with risk-averse investors piling into safe haven assets as another sharp fall in oil prices and cautious comments from Federal Reserve Chair Janet Yellen raised fresh doubts about the health of the economy. Dow Jones industrial average futures were down 1.59 percent at 15,613, S&P 500 futures were down 1.58 percent at 1,817.5 and Nasdaq 100 futures were down 1.75 percent at 3,898.
** TWITTER INC, Wednesday close $14.98, -5.94 pct premarket
The company reported its first quarter with no growth in users since it went public, stoking fresh concerns on how long it will take for the company to reverse the trend.
** MYLAN NV, Wednesday close $50.54, -13.79 pct premarket
The generic drugmaker said it would acquire Meda AB in a $7.2 billion cash-and-stock deal in its third attempt to buy the Swedish company.
** EXPEDIA INC, Wednesday close $94.35, +9.27 pct premarket
The company on Wednesday forecast a rise in 2016 earnings in part from recent acquisitions, pushing shares up even though the company warned that the Nov. 13 Paris attacks hurt travel demand and its fourth-quarter profit fell below analysts' estimates. Continued...