BUZZ-U.S. STOCKS ON THE MOVE-Nike, Amaya, SunEdison, Valeant

Wed Mar 23, 2016 10:04am EDT
 
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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 slightly lower on Wednesday morning, dragged down by energy and materials stocks, as investors remained wary of taking on risk in a week marred by the attacks in Brussels and shortened by the Good Friday holiday. The Dow Jones industrial average was down 0.18 percent at 17,551.79, the S&P 500 was down 0.28 percent at 2,044.13 and the Nasdaq Composite was down 0.45 percent at 4,800.045.

** NIKE INC, $62.16, -4.22 pct

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.

** AMAYA INC, $11.2499, -21.05 pct

Quebec's securities regulator filed insider trading charges against Canadian gambling website operator Amaya's chief executive, David Baazov.

** SUNEDISON INC, $1.29, -13.42 pct   Continued...