BUZZ-U.S. STOCKS ON THE MOVE-Mylan, AIG, On Deck, Quintiles

Tue May 3, 2016 7:59am 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 index futures were sharply lower on Tuesday after weak Chinese economic data raised concerns about the health of the global economy: Dow Jones industrial average futures were down 0.67 percent at 17,679, S&P 500 futures were down 0.72 percent at 2,059.25 and Nasdaq 100 futures were down 0.72 percent at 4,337.5.

** MYLAN NV, Monday close $42.71, +3.02 pct premarket

Drugmaker Mylan posted a 17 percent rise in quarterly revenue, helped by higher generic drug sales, and stood by its full-year revenue and adjusted profit forecast.

** AMERICAN INTERNATIONAL GROUP INC, Monday close $56.59, -3.07 pct premarket

The biggest U.S. commercial insurer by premiums reported a lower-than-expected quarterly operating profit as income from underwriting and returns on investments declined.

** ON DECK CAPITAL INC, Monday close $8.3, -36.75 pct premarket   Continued...