BUZZ-U.S. STOCKS ON THE MOVE-Verizon, McDonald's, Gilead, Tokai Pharma, Exact Sciences

Tue Jul 26, 2016 8:17am 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, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures were flat on Tuesday as investors braced for a flurry of corporate earnings, including those of Apple, and ahead of the Federal Reserve's policy meeting.

Dow Jones industrial average futures were down 0.12 percent at 18,397, S&P 500 futures were down 0.03 percent at 2,161.5 and Nasdaq 100 futures were up 0.16 percent at 4,661.

** VERIZON COMMUNICATIONS INC, Monday close $55.87, -1.36 pct premarket

The No. 1 U.S. wireless carrier by subscribers, reported a bigger-than-expected fall in quarterly revenue on Tuesday as it took a charge related to a strike by its wireline workers and more customers opted for cheaper plans.

** YAHOO INC, Monday close $38.32, -0.84 pct premarket

Yahoo shareholders may be left betting on how quickly, if at all, the former Web pioneer can cash in on its multibillion-dollar stakes in two Asian peers after Monday's deal to sell its core internet assets to Verizon.   Continued...