BUZZ-U.S. STOCKS ON THE MOVE-First Solar, Pier 1 Imports, Achillion

Wed Feb 11, 2015 7:10am 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,; for the Morning News Call newsletter,

U.S. stock index e-mini futures fell on Wednesday: Dow Jones industrial average futures were down 0.18 percent at 17,761, S&P 500 futures were down 0.13 percent at 2,059.5 and Nasdaq 100 futures were down 0.04 percent at 4,274.25.

** APPLE INC, Tuesday close $122.02, +0.37 pct premarket

** FIRST SOLAR INC, Tuesday close $48.54, +2.49 pct premarket

The iPhone maker will buy about $850 million of power from a new California solar farm to cut its energy bill, it said on Tuesday as its stock market value closed above $700 billion for the first time.

The First Solar plant, with the capacity to power the equivalent of 60,000 homes, will be used to supply electricity for Apple's new campus in Silicon Valley, and its other offices and 52 stores in the state, Chief Executive Tim Cook said at a Goldman Sachs technology conference in San Francisco.

** PIER 1 IMPORTS INC, Tuesday close $16.97, -32.06 pct premarket

The furniture retailer forecast 2015 profit below analysts' expectations, citing weak sales in January and February and higher supply chain costs.   Continued...