BUZZ-U.S. STOCKS ON THE MOVE-Pfizer, New York REIT, Archer Daniels

Tue Aug 2, 2016 9:17am 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,; for the Morning News Call newsletter, U.S. stocks were set to open lower on Tuesday as investors assessed earnings reports and economic data.

Dow Jones industrial average futures were down 0.11 percent at 18,305, S&P 500 futures were down 0.17 percent at 2,160.75 and Nasdaq 100 futures were down 0.12 percent at 4,739.

** PROCTER & GAMBLE CO, Monday close $86.41, +0.74 pct premarket

The maker of Tide detergent and Gillette shaving products reported better-than-expected quarterly sales and profit, helped by strong demand for its baby, feminine and home care products.

** PFIZER INC, Monday close $37.31, -1.69 pct premarket

The largest U.S. drugmaker reported better-than-expected quarterly revenue and profit, driven by sales of newer drugs and the acquisition of hospital products company Hospira.

** NEW YORK REIT INC, Monday close $9.48, +5.38 pct premarket

New York REIT and privately held JBG Companies have agreed to end an agreement to form an $8.4 billion real estate investment trust focused on New York and Washington, D.C.   Continued...