BUZZ-U.S. STOCKS ON THE MOVE-Molycorp, Harvest Natural, Lexicon
(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 up slightly on Wednesday following strong earnings results from large-cap banks and other companies who managed to beat lowered expectations. Dow Jones industrial average futures were up 0.28 percent at 18,015, S&P 500 futures were up 0.27 percent at 2,096.75 and Nasdaq 100 futures were up 0.20 percent at 4,406.5.
** INTEL CORP, Tuesday close $31.49, +3.08 pct premarket
The chipmaker forecast revenue broadly in line with Wall Street's expectations and signaled a hefty cut in capital expenditures this year.
** ALCATEL LUCENT SA, Tuesday close $4.93, -15.21 pct premarket
** NOKIA, Tuesday close $7.96, +0.88 pct premarket
Finnish telecom network equipment maker Nokia has agreed to buy Alcatel-Lucent in an all-share transaction that values its smaller French rival at 15.6 billion euros ($16.6 billion).
** LEXICON PHARMACEUTICALS INC, Tuesday close $0.9098, +11.01 pct premarket Continued...