BUZZ-U.S. STOCKS ON THE MOVE-Apple, PepsiCo, TeamHealth, KB Home

Wed Feb 11, 2015 1:20pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(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 on Wednesday as investors looked to a meeting of euro zone finance ministers for clues on the tone of negotiations to deal with Greece's debt crisis. The Dow Jones industrial average was down 0.56 percent at 17,768.61, the S&P 500 was down 0.45 percent at 2,059.2 and the Nasdaq Composite was up 0.10 percent at 4,782.90.

** APPLE INC, $123.79, +1.45 pct

JP Morgan raised its price target on Apple to $145 from $140, estimating that the company would ship 26 million watches in 2015 and 55 million in 2016.

** PEPSICO INC, $99.91, +1.96 pct

The beverage maker reported a better-than-expected fourth-quarter profit, driven by a 3 percent rise in revenue at its North American snack business.

  Continued...