BUZZ-U.S. STOCKS ON THE MOVE-Seagate, SunEdison, Pier 1 Imports
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U.S. stocks were little changed higher on Thursday as investors assessed quarterly earnings from big banks: Dow Jones industrial average futures were down 0.04 percent at 17,821, S&P 500 futures were down 0.06 percent at 2,074.75 and Nasdaq 100 futures were down 0.16 percent at 4,540.5.
** SEAGATE TECHNOLOGY PLC, $28.92, -14.77 pct
** WESTERN DIGITAL CORP, $41.72, -6.88 pct
Analysts at six brokerages cut price targets on Seagate's shares, after the company on Wednesday estimated Q3 revenue and gross margin below its forecast. Analysts at Craig-Hallum also cut their price target on Western Digital's stock on Seagate's gloomy estimates.
** SUNEDISON INC, $0.6701, +81.06 pct
** TerraForm Power Inc, $10.44, +4.19 pct Continued...