BUZZ-U.S. Stocks on the Move-Euro Tech, Extreme Networks, Hasbro
(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. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and the Gaza Strip continue to garner investor focus. The Dow Jones industrial average was down 0.65 percent at 16,989.56, the S&P 500 was down 0.56 percent at 1,967.05 and the Nasdaq Composite was down 0.54 percent at 4,408.07.
** EURO TECH HOLDINGS CO LTD, $5.3, +28.33 pct
The water treatment equipment supplier got an approval certificate from China's Classification Society (CCS) for the company's 300 cubic meter per hour ballast water treatment systems (BWTS)
Euro Tech's stock was the biggest percentage gainer on the Nasdaq with more than 950,000 shares traded by 1055 ET, compared with a 10-day moving average of 6,006.
** EXTREME NETWORKS INC, $4.92, +12.59 pct
The Ethernet switch maker reported fourth-quarter adjusted profit and revenue above analysts' expectations, helped mainly by new business in North America. The company said it expected a profit of 6-8 cents per share, excluding items, and adjusted revenue of between $154 million and $156 million for the quarter. Analysts on average had expected earnings of 3 cents per share on revenue of $146.7 million, according to Thomson Reuters I/B/E/S.
** HASBRO INC, $51.69, -2.86 pct Continued...