BUZZ-U.S. STOCKS ON THE MOVE-Urban Outfitters, Gevo, Marvell Technology
Wall Street was set to open lower for the second straight day on Friday as oil prices retreated and worries about global growth pushed investors to seek refuge in safe haven assets. Dow Jones industrial average futures were down 0.62 percent at 17,862, S&P 500 futures were down 0.71 percent at 2,099.25 and Nasdaq 100 futures were down 0.81 percent at 4,475.25.
** GEVO INC, Thursday close $0.7, -32.86 pct premarket
The chemical and biofuel maker filed for a common stock offering of an undisclosed size, and intends to use net proceeds to fund working capital and for other general corporate purposes.
** MARVELL TECHNOLOGY GROUP LTD, Thursday close $10.26, -4.00 pct premarket
The chipmaker filed for a non-timely 10-Q. The company also said it expects net revenue for the first quarter to be substantially lower than a year earlier.
** H&R BLOCK INC Thursday close $21.54, +3.34 pct premarket Continued...