BUZZ-U.S. STOCKS ON THE MOVE-Twitter, Staples, 3D printer makers
(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 extended their gains in afternoon trading on Tuesday as the benchmark S&P 500 index continued a rally from the prior session, fueled by hopes of a deal on Greek debt and by rising oil prices. The Dow Jones industrial average was up 1.58 percent at 17,635.83, the S&P 500 was up 1.18 percent at 2,044.75 and the Nasdaq Composite was up 0.18 percent at 4,685.38.
** TWITTER INC, $40.02, +6.83 pct
The microblogging site said promoted tweets, or tweets by brands, to appear on third-party mobile apps, websites under new advertising distribution program. Its first partners are newsreader app Flipboard and Yahoo Japan.
** MARVEL TECHNOLOGY GROUP LTD, $15.86, +2.99 pct
Lenovo Group Ltd may be interested in buying part or all of the chipmaker, thestreet.com reported, citing a Chinese newspaper. (bit.ly/1z8jd0h)
** NOKIA CORP, $7.843, +3.20 pct
The Finnish network equipment maker's board proposed that its annual general meeting authorize the board to resolve to repurchase up to 365 million Nokia shares, using funds in the unrestricted shareholders' equity. Continued...