BUZZ-U.S. STOCKS ON THE MOVE-Twitter, Endurance Specialty, Salesforce.com
(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 rose for the first time in three days on Wednesday, powered by gains in financial and energy shares.
The Dow Jones Industrial Average was up 0.68 percent at 18,291.17, the S&P 500 was up 0.50 percent at 2,161.26 and the Nasdaq Composite was up 0.69 percent at 5,326.06.
** TWITTER INC, $24.5, +4.17 pct
The microblogging service provider is expected to field bids this week, the Wall Street Journal reported, citing sources.
** SALESFORCE.COM INC, $67.12, -7.59 pct
Brokerage Mizuho Securities expressed its concern about the cloud-based software maker's quest to buy Twitter, saying any deal could destroy about $12 billion-$17 billion of value, which could take 2-3 years to recapture if all goes well.
** ENDURANCE SPECIALTY HOLDINGS LTD, $91.75, +4.44 pct Continued...