BUZZ-U.S. STOCKS ON THE MOVE-Patriot National, Scorpio Bulkers, Twitter
(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) Wall Street was higher for the first time in five days on Wednesday as lower chances of an interest rate hike offered solace to investors amid jitters of Britain's possible exit from the European Union. Dow Jones industrial average futures were up 0.25 percent at 17,706, S&P 500 futures were up 0.23 percent at 2,079.25 and Nasdaq 100 futures were up 0.01 percent at 4,425.75.
** PATRIOT NATIONAL INC, $9.04, +30.64 pct
** EBIX INC, $48.2, +1.01 pct
Software maker Ebix offered to buy the insurance outsourcing company for $9.50 per share.
** STONE ENERGY CORP, $5.84, +12.09 pct
The oil and gas producer said it had increased borrowing base to $360 mln from $300 mln and that it had repaid $56.8 mln.