CORRECTED-BUZZ-U.S. STOCKS ON THE MOVE-Applied Materials, Interoil, DryShips, Amplify Snack

Fri May 20, 2016 2:16pm EDT
 
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(Corrects to "four" weeks from "five" in paragraph 1; removes reference to Dow)

U.S. stocks were higher in early afternoon trading on Friday, with the S&P on track to eke out their first weekly gains in four weeks as technology and financial stocks rose. The Dow Jones industrial average was up 0.53 percent at 17,527.68, the S&P 500 was up 0.68 percent at 2,053.98 and the Nasdaq Composite was up 1.30 percent at 4,773.919.

** APPLIED MATERIALS INC, $22.38, +12.41 pct

** MICRON TECHNOLOGY INC, $10.65, +5.76 pct

** BROADCOM LTD, $146.51, +2.64 pct

Applied Materials, 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.

** CAMPBELL SOUP CO, $59.71, -6.67 pct   Continued...