BUZZ-U.S. Stocks on the Move-Sprint, AIG, RetailMeNot, Herbalife

Tue Nov 4, 2014 6:53am EST
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; 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 fell on Tuesday: Dow Jones industrial average futures were down 0.11 percent at 17,266, S&P 500 futures were down 0.17 percent at 2,007.5 and Nasdaq 100 futures were down 0.16 percent at 4,150.75.

** SPRINT CORP, Monday close $6.2, -9.03 pct premarket

The third-largest U.S. carrier said on Monday it would fire 2,000 employees and lowered its 2014 adjusted earnings forecast as the company attempts to cut costs and turn around several quarters of losses.

** ALIBABA GROUP HOLDING LTD, Monday close $101.8, +3.04 pct premarket

The Chinese e-commerce giant's first full quarterly report card to Wall Street investors on Tuesday will be scrutinized by the hopeful seeking validation for lofty stock price targets and studied by the few skeptics searching for inauspicious signs.

** HERBALIFE LTD, Monday close $55.9, -15.56 pct premarket   Continued...