BUZZ-U.S. STOCKS ON THE MOVE-Second Sight Medical, Zep, Tesla Motors
(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 were little changed on Wednesday, with traders eyeing a $70 billion mega-deal in the energy space and ahead of minutes from the most recent meeting of the Federal Reserve's policy-setting committee: Dow Jones industrial average futures were up 0.13 percent at 17,809, S&P 500 futures were up 0.17 percent at 2,071.25 and Nasdaq 100 futures were up 0.16 percent at 4,340.75.
** ROYAL DUTCH SHELL PLC, Tuesday close $65.46, -5.56 pct premarket
** BP PLC, Tuesday close $40.25, +3.43 pct premarket
Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds ($70.2 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader U.S. ExxonMobil after a plunge in prices.
Shares of rival BP rose after the news.
** RITE AID CORP, Tuesday close $8.69, +0.69 pct premarket
The drugstore chain operator reported a better-than-expected quarterly profit, helped by strong prescription sales that also drove up same-store sales. Continued...