BUZZ-U.S. STOCKS ON THE MOVE-Qualcomm, Nokia, Netflix, Clovis
(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 pulled back after three straight days of gains as the corporate earnings season was poised to kick into high gear with a slew of reports this week. Dow Jones industrial average futures were down 0.18 percent at 17,941, S&P 500 futures were down 0.20 percent at 2,091.25 and Nasdaq 100 futures were down 0.02 percent at 4,413.75.
** QUALCOMM INC, Friday close $69.16, +4.90 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, +0.00 pct premarket
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, +1.24 pct premarket Continued...