BUZZ-U.S. STOCKS ON THE MOVE-Time Warner, Fitbit, Etsy, Cray

Wed Aug 3, 2016 8:03am 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 lower ahead of a raft of corporate results and data, including a report on private-sector hiring. Dow Jones industrial average futures were down 0.20 percent at 18,211, S&P 500 futures were down 0.20 percent at 2,148.5 and Nasdaq 100 futures were down 0.21 percent at 4,704.5.

** TIME WARNER INC, Tuesday close $75.78, +3.22 pct premarket

The company reported a higher-than-expected quarterly profit as it signed up more viewers for its premium Home Box Office network, and disclosed a 10 percent stake in streaming TV service Hulu.

** BIOGEN INC, Tuesday close $330.11, -1.02 pct premarket

The biotechnology company has drawn takeover interest from drug companies including Merck & Co Inc and Allergan Plc , the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

** ELECTRONIC ARTS INC, Tuesday close $76.78, -1.54 pct premarket

The video-game publisher, known for titles such as "FIFA" and "Star Wars Battlefront", reported a surprise first-quarter profit, helped by higher downloads of its games.   Continued...