BUZZ-U.S. STOCKS ON THE MOVE-Flowers Foods, Expedia, TripAdvisor

Thu Feb 11, 2016 9:10am EST
 
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(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 set to open sharply lower on Thursday, with investors piling into safe haven assets as another fall in oil prices and cautious comments from Federal Reserve Chair Janet Yellen rekindled doubts about global economic health. Dow Jones industrial average futures were down 1.61 percent at 15,610, S&P 500 futures were down 1.61 percent at 1,817 and Nasdaq 100 futures were down 1.52 percent at 3,906.75.

** TWITTER INC, Wednesday close $14.98, -5.07 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, -13.14 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, +8.32 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...