BUZZ-U.S. Stocks on the Move-Cognizant, Time Warner, gold and silver miners
(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. stocks rose at the open on Wednesday after the Republican Party took control of the Senate in the midterm elections, as expected, and a report on the labor market was stronger than expected. The Dow Jones industrial average was up 0.42 percent at 17,456.73, the S&P 500 was up 0.42 percent at 2,020.59 and the Nasdaq Composite was up 0.36 percent at 4,640.435.
** TRIPADVISOR INC, $71.8399, -14.26 pct
The travel review website reported a quarterly profit that missed analyst estimates by a wide margin as marketing costs jumped by nearly two-thirds and referral revenue lagged the company's expectations.
** ELECSYS CORP, $17.3, +80.77 pct
Irrigation systems maker Lindsay Corp has agreed to buy the communications equipment maker for $70.5 million, or $17.50 per share in cash, a premium of about 83 percent to the stock's close on Tuesday.