BUZZ-U.S. STOCKS ON THE MOVE-Arris, eBay, Facebook, Qualcomm

Thu Apr 23, 2015 7:30am EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s) Dow Jones industrial average futures were down 0.25 percent at 17,901, S&P 500 futures were down 0.21 percent at 2,095.75 and Nasdaq 100 futures were down 0.21 percent at 4,436.

** APPLE INC, Wednesday close $128.62, -0.25 pct premarket

The iPhone maker will launch the Apple Watch with a whisper rather than a bang on Friday, an unusual start for the company that may reflect early uncertainty about demand for Apple Inc boss Tim Cook's first new product. The company has not revealed how many orders it has received in the run-up to the April 24 launch, a contrast to previous launches of iPhones and iPads. Apple stores will not have any watches to sell on Friday, even though some luxury shops around the world will.

** GENERAL MOTORS CO, Wednesday close $37.16, +0.65 pct premarket

The company's return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models.

** QUALCOMM INC, Wednesday close $68.94, -2.73 pct premarket   Continued...