BUZZ-U.S. STOCKS ON THE MOVE-Harman, OmniVision, Boulevard Acquisition
(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 lower on Thursday as the disappointing economic growth hurt investor sentiment for the second straight day, though new data showed jobless claims fell and consumer spending rose in March. The Dow Jones industrial average was down 0.47 percent at 17,950.19, the S&P 500 was down 0.51 percent at 2,096 and the Nasdaq Composite was down 0.54 percent at 4,996.475.
** APPLE INC, $127.09, -1.20 pct
The iPhone maker is facing limited availability of the Apple Watch after a key component supplied by a Chinese company was found to be defective, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
** GLU MOBILE INC, $6.73, +24.63 pct
Tencent Holdings Ltd, the dominant social networking and online entertainment company in China, has agreed to buy 14.6 percent of mobile game developer Glu for $126 million to expand in the U.S. gaming market.
** BAIDU INC, $207.58, -5.21 pct
China's dominant Internet search engine posted its slowest revenue growth rate in almost seven years in the first quarter of 2015, as customers spent less on its core online marketing business. Continued...