August 25, 2015 / 4:07 PM / in 2 years

BUZZ-U.S. STOCKS ON THE MOVE-Atmel, Sanderson Farms, Aquinox, SunEdison

(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 indexes were up on Tuesday. The Dow Jones industrial average was up 2.15 percent at 16,211.98, the S&P 500 was up 2.26 percent at 1,935.91 and the Nasdaq Composite was up 3.17 percent at 4,669.565.

** APPLE INC, $108.9301, +5.63 pct

The iPhone maker’s shares recover all of Monday’s losses. The stock’s 21 percent decline from July peaks seen as overdone by some brokers, with Wells Fargo upgrading stock to “outperform” after having a “hold” on it since January 2014.

** BANK OF AMERICA CORP, $16.03, +4.84 pct

** JPMORGAN CHASE & CO, $62.53, +3.78 pct

** CITIGROUP INC, $52.54, +4.37 pct

** GOLDMAN SACHS GROUP INC, $186, +3.64 pct

** VISA INC, $70.24, +2.75 pct

** MASTERCARD INC, $90.11, +2.60 pct

China launched new economic stimulus measures on Tuesday, including a cut in interest rates, shortly after Chinese markets closed down more than 7 percent.

For a Breakingviews column, China’s sensible rate cut sends dangerous signals

** JINKOSOLAR HOLDING CO LTD, $19.56, +24.82 pct

** CANADIAN SOLAR INC, $18.16, +11.55 pct

** TRINA SOLAR LTD, $9.04, +16.65 pct

** RENESOLA LTD, $1.19, +1.71 pct

** FIRST SOLAR INC, $46.69, +7.06 pct

** SOLARCITY CORP, $45.6, +3.94 pct

Shares of most Chinese solar companies rose strongly after Beijing moved to prop up economic growth and Obama unveiled new incentives for solar adoption in the U.S.

SolarCity's largest shareholder, Elon Musk, buys 123,510 shares at $40.48/shr, according to a filing on Monday. (bit.ly/1NyODcJ)

** ALIBABA GROUP HOLDING, $69.5, +5.62 pct

** JD.COM INC, $25.825, +7.92 pct

** BAIDU INC, $147.84, +4.79 pct

** SINA CORP, $36.63, +8.34 pct

** YOUKU TUDOU, $16.73, +4.63 pct

** CHINA DANGDANG, $6.23, +4.01 pct

** JUMEI INTERNATIONAL HOLDING LTD, $10.91, +10.09 pct

** SOUFUN HOLDINGS, $5.895, +6.03 pct

** 500.COM, $14.54, +7.78 pct

** WEIBO CORP, $11.16, +15.41 pct

U.S.-listed shares of Chinese tech companies rose after China’s central bank cut interest rates for second time this year and lowered amount of reserves banks must hold.

** ATMEL CORP, $7.52, +14.11 pct

The chipmaker said it is exploring strategic alternatives and its Chief Executive Steven Laub has pushed back his retirement date to help with the process.

** ALLIANCE FIBER OPTIC PRODUCTS INC, $18.31, +13.87 pct

The fiber optic components maker said it plans to buy back shares worth up to $25 million.

** SANDERSON FARMS INC, $65.05, -4.20 pct

The U.S. poultry producer’s second-quarter revenue fell more than expected, hurt by weak export demand due to export bans after the U.S. bird flu epidemic.

** SUNEDISON INC, $10.42, -2.89 pct

The U.S. solar company’s shares retreated, dropped as much as 6.8 percent after being 5.6 percent higher in early trading, following Monday’s wild ride.

** AEROVIRONMENT INC, $23.75, +2.24 pct

The drone maker reported better-than-expected fourth-quarter adjusted earnings and revenues. However, 2015 revenues only increased 3 percent with mixed performance from unmanned aircraft systems and efficient energy systems businesses.

** AQUINOX PHARMACEUTICALS INC, $19.0299, +7.51 pct

Hedge fund RA Capital Management reported 9.6 percent passive stake, making it the drug developer’s fourth-largest shareholder.

** ENCANA CORP, $6.2, +6.35 pct

The Canadian energy company said it will sell its Haynesville, northern Louisiana natural gas assets for $850 million as part of broader plan to sell its natural gas holding to focus on oil.

** DAKTRONICS INC, $9.53, -13.76 pct

The electronic display system maker reported lower-than-expected first-quarter revenue as sales from live events business fell 36.7 percent and its profit more than halved to $3.8 million.

** DSW INC, $28, -9.30 pct

The footwear and accessories retailer’s second-quarter sales missed estimates amid cut backs on discounting and its comparable sales growth of 1.8 pct was also lower than the 3.8 percent rise expected by analysts polled by Consensus Metrix.

** BEST BUY CO INC, $33.39, +14.08 pct

The biggest U.S. electronics chain reported an unexpected increase in quarterly sales and said it expected consumer spending to remain strong this quarter.

** ACORDA THERAPEUTICS INC, $32.45, +12.05 pct

The drug developer said the U.S. patent office rejected an attempt by hedge fund manager Kyle Bass to challenge two patents on its flagship multiple sclerosis drug, Ampyra.

** BHP BILLITON PLC, $33.92, +5.41 pct

The world’s biggest miner reported its worst underlying profit in a decade on Tuesday, gutted by plunging iron ore, copper, coal and oil prices, and said it would cut spending more deeply to shore up dividends.

For a Breakingviews column, Miners’ dividends are a fragile commodity

** SEARS HOLDINGS CORP, $23.23, +5.69 pct

The struggling retailer named a former Johnson & Johnson executive to a new position as president of “hardlines” as it tries to stem the declining market positions of the Kenmore, Diehard and Craftsman brands.

** TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD, $19.46, +3.73 pct

The world’s No.1 contract chip manufacturer said it would stop making solar modules at the end of this month because the sector was not profitable.

** TOLL BROTHERS INC, $37.81, -0.66 pct

The largest U.S. luxury homebuilder reported lower-than-expected third-quarter revenue as a lull in demand last year meant that it handed over fewer homes in the quarter, and the company narrowed its 2015 home sales forecast.

Compiled by Arunima Banerjee in Bengaluru; Editing by Sriraj Kalluvila

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