BUZZ-U.S. STOCKS ON THE MOVE-Intel, Mobileye, Alcatel, 58.com
(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. stocks opened higher on Wednesday, with Intel leading the advance a day after the chipmaker gave a reassuring revenue outlook. The Dow Jones industrial average was up 0.51 percent at 18,129.05 and the S&P 500 was up 0.49 percent at 2,106.09.
** INTEL CORP, $32.346, +2.72 pct
The chipmaker forecast revenue broadly in line with Wall Street's expectations and signaled a hefty cut in capital expenditures this year.
** MOLYCORP INC, $0.74, +37.98 pct
The rare earth miner said it has been chosen by Siemens AG to supply rare earth minerals over next 10 years from its Mountain Pass, California facility.
** SMITH & WESSON HOLDING CORP, $14.565, +12.04 pct Continued...