BUZZ-U.S. STOCKS ON THE MOVE-Intersil, Anadarko, Blue Buffalo

Tue Sep 13, 2016 8:41am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(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. stock index futures were lower on Tuesday as oil prices fell and investors reassessed the possibility of a near-term rise in U.S. interest rates.

Dow Jones industrial average futures were down 0.78 percent at 18,178, S&P 500 futures were down 0.76 percent at 2,142 and Nasdaq 100 futures were down 0.61 percent at 4,737.5.

** INTERSIL CORP, Monday close $19.76, +9.26 pct premarket

Renesas Electronics Corp on Tuesday said it has agreed to buy U.S. chipmaker Intersil Corp for $3.2 billion, an all-cash deal that bolsters the Japanese group's efforts to refocus the company around automotive chips.

** PANDORA MEDIA INC, Monday close $14.29, +2.17 pct premarket

The music streaming company said it had signed direct licensing deals with a number of music labels, including heavyweights Sony Music and Universal Music Group, beefing up its music collection to compete with Spotify and Apple Music.