BUZZ-U.S. STOCKS ON THE MOVE-Nike, SunEdison, Lumber, Valeant
(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 little changed on Wednesday as investors remained cautious a day after the attacks in Brussels and ahead of the Good Friday market holiday. Dow Jones industrial average futures were up 0.03 percent at 17,509, S&P 500 futures were up 0.07 percent at 2,044 and Nasdaq 100 futures were up 0.07 percent at 4,437.5.
** NIKE INC, Tuesday close $64.9, -4.62 pct premarket
At least four brokerages cut price targets on the world's biggest footwear maker's stock after it reported lower-than-expected third-quarter revenue as a strong dollar reduced the value of sales from overseas markets.
** SUNEDISON INC, Tuesday close $1.49, -10.07 pct premarket
The troubled solar company is in talks with holders of its second-lien loans to fund a debtor-in-possession financing facility for $300 million, Debtwire reported on Tuesday, citing sources.
** LUMBER LIQUIDATORS HOLDINGS INC, Tuesday close $13.94, +4.16 pct premarket
The hardwood flooring retailer said it had settled with the California Air Resources Board issues relating to an inquiry into some China-sourced laminates that emitted excessive amounts of formaldehyde. Continued...