BUZZ-U.S. STOCKS ON THE MOVE-Adobe Systems, Tracon, Parsley Energy
(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 fell on Friday, a day after the Federal Reserve decided to keep interest rates unchanged due to concerns over global economic growth. The Dow Jones industrial average was down 1.65 percent at 16,400.08, the S&P 500 was down 1.34 percent at 1,963.44 and the Nasdaq Composite was down 1.12 percent at 4,839.346.
** ADOBE SYSTEMS INC, $83.2, +3.60 pct
The Photoshop maker reported a 21 percent jump in quarterly revenue, as more customers subscribed to its creative and marketing software products provided over the Internet.
** PARSLEY ENERGY INC, $14.93, -9.73 pct
The oil and gas producer announced an offering of 13 million shares of its Class A common stock. The offering size represents about 9.2 percent of the company's total outstanding shares as of May 12.
** FREEPORT-MCMORAN INC, $10.92, -9.38 pct Continued...