BUZZ-U.S. STOCKS ON THE MOVE-Alibaba, Venaxis, Harman, Coach, Kate Spade

Thu Jan 29, 2015 9:20am 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. stocks were set to climb on Thursday, rebounding after two days of sharp losses on strong labor market data, with a busy day for corporate earnings dictating the moves of some major stocks. Dow Jones industrial average futures were up 0.32 percent at 17,155, S&P 500 futures were up 0.25 percent at 1,996.5 and Nasdaq 100 futures were up 0.12 percent at 4,129.

** ALIBABA GROUP HOLDING LTD, Wednesday close $98.45, -8.26 pct premarket

The Chinese E-commerce company's quarterly revenue fell short of analysts' expectations, showing signs of a slowdown in the company's scorching growth.

** MCDONALD'S CORP, Wednesday close $88.78, +3.12 pct premarket

The world's biggest fast-food chain, fresh off one of its worst financial years in decades, on Wednesday said Chief Executive Don Thompson would leave at the end of February and be succeeded by Chief Brand Officer Steve Easterbrook.

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