BUZZ-U.S. Stocks on the Move-Dynegy, Peregrine Semiconductor, Aeropostale

Fri Aug 22, 2014 9:00am 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 index e-mini futures were down on Friday: Dow Jones industrial average futures were down 0.04 percent at 17,009, S&P 500 futures were down 0.10 percent at 1,987.5 and Nasdaq 100 futures were down 0.01 percent at 4,047.

** CITIGROUP INC, Thursday close $51.07, -0.20 pct premarket

The bank has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the U.S. Securities and Exchange Commission, the Wall Street Journal reported.

** PEREGRINE SEMICONDUCTOR CORP, Thursday close $7.69, +61.25 pct premarket

Murata Electronics North America Inc said it would buy the rest of the chipmaker it does not already own in an all-cash deal valued at $465 million. The offer price of $12.50 per share is at a premium of 62.5 percent to Peregrine stock's Thursday close of $7.69.

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