BUZZ-U.S. STOCKS ON THE MOVE-JPMorgan, J&J, Wells Fargo, Micron, Intel

Tue Jul 14, 2015 8:23am 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; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures mostly fell on Tuesday as investor focus shifted from Greece to the U.S. earnings season and as oil prices took a beating on expectations of increased supply after an Iran nuclear deal.

Dow Jones industrial average futures were down 0.03 percent at 17,894, S&P 500 futures were down 0.05 percent at 2,093.5 and Nasdaq 100 futures were up 0.13 percent at 4,494.

** JPMORGAN CHASE & CO, Monday close $68.09, -0.38 pct premarket

The stock rose after the biggest U.S. bank by assets reported a stronger-than-expected rise in quarterly profit, but soon reversed course.

** MICRON TECHNOLOGY INC, Monday close $17.61, +12.10 pct premarket

China's state-backed Tsinghua Unigroup Ltd is preparing a $23 billion bid for the U.S. memory chip maker, in what would be the biggest Chinese takeover of a U.S. company, people familiar with the matter said.

** INTEL CORP, Monday close $29.73, -0.71 pct premarket   Continued...