BUZZ-U.S. STOCKS ON THE MOVE- American Realty Capital, PetSmart
(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 futures were slightly higher on Wednesday, implying a modest rebound from a sharp decline in the previous session, though questions remains about when the Federal Reserve would adjust its rate policies. Dow Jones industrial average futures were up 0.24 percent at 17,708, S&P 500 futures were up 0.32 percent at 2,048.5 and Nasdaq 100 futures were up 0.23 percent at 4,341.25.
** AMERICAN REALTY CAPITAL PROPERTIES INC, Tuesday close $9.33, +4.82 pct premarket
The company named Glenn Rufrano, a former chief executive of Cushman & Wakefield, as its CEO, nearly three months after its top executives resigned due to an accounting error.
Rufrano will replace William Stanley, who has been interim CEO since David Kay left the post in December.
** GOOGLE INC, Tuesday close $559.85, +0.38 pct premarket
Google is in early talks to buy Bangalore-based start-up InMobi, in a move that would strengthen its offering in the increasingly competitive mobile advertising space, a source with direct knowledge of the matter said.