BUZZ-U.S. STOCKS ON THE MOVE-McDermott, Ocwen, Tower Semiconductor

Tue Mar 3, 2015 7:32am 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. stock index e-mini futures fell on Tuesday: Dow Jones industrial average futures were down 0.10 percent at 18,229, S&P 500 futures were down 0.13 percent at 2,111.25 and Nasdaq 100 futures were down 0.10 percent at 4,472.5.

** MCDERMOTT INTERNATIONAL INC, Monday close $2.61, +23.37 pct premarket

The oilfield service provider reported a fourth-quarter profit, compared with a loss a year earlier. The company also forecast 2015 revenue much higher than analysts' average estimate.

** OCWEN FINANCIAL CORP, Monday close $8.54, +4.80 pct premarket

The mortgage servicer says it will sell residential mortgage servicing rights on $45 billion of Fannie Mae loans to an undisclosed buyer.

** ONCOLYTICS BIOTECH INC, Monday close $1.07, +13.08 pct premarket   Continued...