BUZZ-U.S. Stocks on the Move-Destination Maternity, GFI Group, Zeltiq

Wed Jul 30, 2014 1:48pm EDT
 
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(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 indexes fell on Wednesday. The Dow Jones industrial average was down 0.33 percent at 16,857.14 and the S&P 500 was down 0.16 percent at 1,966.82.

** TWITTER INC, $46.88, +21.48 pct

The company halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer's World Cup, assuaging concerns for now that the online messaging service had peaked.

** DESTINATION MATERNITY CORP, $18.26, -19.02 pct

The baby products retailer said it expected its full-year net sales to fall 3.0-3.8 percent and its comparable sales to decline 2.3-3.0 percent. The company also forecast full-year adjusted earnings of 97 cents to $1.07 per share, below the average analyst estimate of $1.70, according to Thomson Reuters I/B/E/S. Destination Maternity reported lower-than-expected third-quarter profit and sales due to weak demand.

The stock was the top percentage loser on the Nasdaq.   Continued...