BUZZ-U.S. Stocks on the Move-eHealth, On Assignment, Avalanche Biotech
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U.S. stock indexes fell on Thursday. The Dow Jones industrial average was down 1.31 percent at 16,658.57 and the S&P 500 was down 1.60 percent at 1,938.61.
** MCDONALD'S CORP, $95.07, -0.92 pct
** YUM BRANDS INC, $69.17, -5.25 pct
A food safety scare in China is testing local consumers' loyalty to foreign fast-food brands, including McDonald's and Yum Brands, which owns the KFC and Pizza Hut chains.
** ON ASSIGNMENT INC, $26.67, -23.58 pct
The staffing company reported lower-than-expected second-quarter revenue and it forecast third-quarter earnings below the average analyst estimate. Revenue growth at On Assignment's largest business Apex, which provides information technology staffing and service, was lower than expected due to slower growth from large accounts. Continued...