BUZZ-U.S. STOCKS ON THE MOVE-Applied Materials, Interoil, Tesla

Fri May 20, 2016 7:53am 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 higher on Friday, a day after the S&P 500 fell to its lowest since March as investors fretted about a rate hike as early as June: Dow Jones industrial average futures were up 0.26 percent at 17,460, S&P 500 futures were up 0.25 percent at 2,043.75 and Nasdaq 100 futures were up 0.35 percent at 4,332.5.

** TESLA MOTORS INC, Thursday close $215.21, +0.92 pct premarket

The electric car maker has raised $1.46 billion in fresh capital from the sale of its 6.8 million new common stock offering, according to IFR.

** APPLIED MATERIALS INC, Thursday close $19.91, +8.14 pct premarket

The world's largest supplier of tools used to make semiconductor chips forecast a higher-than-expected third-quarter profit on the back of strong demand for chips used in smartphones and solid-state drives.

** INTEROIL CORP, Thursday close $31.65, +26.45 pct premarket

Australia's Oil Search Ltd agreed to a $2.2 billion deal to acquire InterOil, aiming to pave the way for two rival liquefied natural gas projects led by global majors to work together in Papua New Guinea.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Thursday close $26.26, -0.19 pct premarket   Continued...