BUZZ-U.S. STOCKS ON THE MOVE-Qualcomm, Nokia, Alamos
(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 edged lower on Monday: Dow Jones industrial average futures were down 0.13 percent at 17,949, S&P 500 futures were down 0.16 percent at 2,092.25 and Nasdaq 100 futures were down 0.02 percent at 4,413.75.
** QUALCOMM INC, Friday close $69.16, +5.26 pct premarket
Activist investor Jana Partners is asking the chipmaker to consider spinning off its chip unit from its patent-licensing business to boost the chipmaker's sagging stock price, the Wall Street Journal reported, citing a quarterly letter that will be sent to Jana investors on Monday.
** ALAMOS GOLD INC, Friday close $5.89
** AURICO GOLD INC, Friday close $2.99
Canadian gold producers Alamos Gold and AuRico Gold said they would merge in a deal valued at about $1.5 billion.
** NOKIA, Friday close $8.06, +1.74 pct premarket Continued...