BUZZ-U.S. STOCKS ON THE MOVE-Red Hat, Qunar, Bed Bath & Beyond, BHP

Thu Jun 23, 2016 7:47am 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,; for the Morning News Call newsletter, U.S. stock index futures were at their highest level in a month on Thursday as investors saw an increased chance of Britain remaining in the European Union, a scenario that would avert a possible financial crisis. Dow Jones industrial average futures were up 0.87 percent at 17,842, S&P 500 futures were up 0.89 percent at 2,095.25 and Nasdaq 100 futures were up 0.96 percent at 4,436.5.

** QUNAR CAYMAN ISLANDS LTD, Wednesday close $26.42, +7.87 pct premarket

The Chinese online travel agency said on Thursday a unit of private equity fund Ocean Imagination LP offered to take the company private.

** RED HAT INC, Wednesday close $79.75, -5.49 pct premarket

The world's largest commercial distributor of the Linux operating system said it would buy software management provider 3scale, but cut its full-year adjusted profit outlook mainly due to costs related to the deal.

** BED BATH & BEYOND INC, Wednesday close $43.18, -4.01 pct premarket

The home furnishing retailer posted an unexpected drop in first quarter same-store sales as stores sales were hit by customers' shift to online sales.   Continued...