BUZZ-U.S. STOCKS ON THE MOVE-Intersil, Apple, Anadarko, Blue Buffalo
(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) Wall Street looked set to open 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 0.73 percent at 18,187, S&P 500 futures were down 0.72 percent at 2,143 and Nasdaq 100 futures were down 0.58 percent at 4,739.25.
** 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, +0.42 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.