REFILE-BUZZ-U.S. Stocks on the Move-Time Warner, MGIC, Apple, IBM, Textron

Wed Jul 16, 2014 8:42am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Corrects Time Warner's name in headline) (For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index e-mini futures were slightly higher on Wednesday: Dow Jones industrial average futures were up 0.37 percent at 17,051, S&P 500 futures were up 0.46 percent at 1,977 and Nasdaq 100 futures were up 0.68 percent at 3,939.25.

** TIME WARNER INC, Tuesday close $71.01, +15.90 pct premarket

** TWENTY-FIRST CENTURY FOX INC, Tuesday close $35.19, +0.60 pct premarket

Rupert Murdoch's 21st Century Fox said it made a bid to buy media conglomerate Time Warner Inc but was rebuffed. The bid was worth roughly $80 billion, or $85 per share in cash and stock, a source familiar with the situation told Reuters.

** INTERNATIONAL GAME TECHNOLOGY INC, Tuesday close $15.5, +9.03 pct premarket

Italy's GTECH will buy U.S. slot machine maker International Game Technology for $6.4 billion including debt, shifting the lottery operator's centre of gravity away from its struggling domestic market.

  Continued...