BUZZ-U.S. STOCKS ON THE MOVE-Alibaba, Venaxis, Harman, Gevo
(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 little changed in early trading on Thursday following two days of losses on the benchmark S&P 500, supported by strong labor market data on a busy day for corporate earnings. The Dow Jones industrial average was down 0.08 percent at 17,178.46, the S&P 500 was down 0.44 percent at 1,993.29 and the Nasdaq Composite was down 0.51 percent at 4,614.475.
** ALIBABA GROUP HOLDING LTD, $88.589, -10.02 pct
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, $92.49, +4.18 pct
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.
** FACEBOOK INC, $76.59, +0.46 pct Continued...