BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Mid-America Apartment, Valeant

Mon Aug 15, 2016 7:50am 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)

Dow Jones industrial average futures were up 0.22 percent at 18,563, S&P 500 futures were up 0.19 percent at 2,184.5 and Nasdaq 100 futures were up 0.20 percent at 4,814.

** TESLA MOTORS INC, Friday close $225.61, +0.49 pct premarket

The electric car maker removed the word "autopilot" and a Chinese term for "self-driving" from its China website after a driver in Beijing who crashed in "autopilot" mode complained that Tesla overplayed the function's capability and misled buyers.

** MID-AMERICA APARTMENT COMMUNITIES INC, Friday close $102.15, -3.08 pct premarket

** POST PROPERTIES INC, Friday close $62.22

Mid-America Apartment said it would buy Post Properties for about $3.88 billion to create the largest publicly traded multifamily apartment real estate investment trust by units.

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