BUZZ-U.S. STOCKS ON THE MOVE-Nike, Tempur Sealy, Sarepta, Origin Agritech
(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 little changed on Wednesday as investors awaited Federal Reserve Chair Janet Yellen's testimony before a Congressional Committee.
Dow Jones industrial average futures were up 0.09 percent at 18,155, S&P 500 futures were up 0.05 percent at 2,153.75 and Nasdaq 100 futures were up 0.10 percent at 4,865.5.
** NIKE INC, Tuesday close $55.34, -2.15 pct premarket
At least six brokerages cut their price targets on the sportswear and footwear maker's stock as future orders missed analysts' estimates for the third time in a row.
** TEMPUR SEALY INTERNATIONAL INC, Tuesday close $74.45, -21.96 pct premarket
The mattress maker and retailer said it expected a 1-3 percent fall in its full-year revenue, compared with a year earlier, and cut its adjusted EBITDA forecast.
** ORIGIN AGRITECH LTD, Tuesday close $2.33, +36.48 pct premarket
The agricultural biotechnology company said on Tuesday that it would sell its China-based commercial corn seed production and distribution unit for about $60 mln to Beijing Shihui Agricultural Development Co Ltd. Continued...