BUZZ-U.S. STOCKS ON THE MOVE-Nu Skin, Qlik, AIG, Square, Select Comfort
(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 opened higher on Friday, led by a rebound in energy and financial stocks after a steep selloff through the week. The Dow Jones industrial average was up 0.78 percent at 15,782.86, the S&P 500 was up 0.79 percent at 1,843.58 and the Nasdaq Composite was up 0.61 percent at 4,292.809.
** GROUPON INC, $2.8199, +25.89 pct
The company reported a higher-than-expected quarterly profit, as strong sales in North America and restructuring of its businesses boosted margins. Piper Jaffray ups PT.
** SELECT COMFORT CORP, $15.355, -25.13 pct
The mattress maker reported lower-than-expected Q4 revenue, hurt by lost sales and higher costs due to issues with its enterprise resource planning software implementation. At least six brokerages cut PT on the stock.
** SQUARE INC, $9.28, +7.66 pct Continued...