BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Kohl's, Sprint, Shake Shack

Thu Aug 13, 2015 8:36am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(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 e-mini futures rose on Thursday: Dow Jones industrial average futures were up 0.18 percent at 17,398, S&P 500 futures were up 0.17 percent at 2,087.75 and Nasdaq 100 futures were up 0.24 percent at 4,544.25.

** TESLA MOTORS INC, Wednesday close $238.17, +1.88 pct premarket

The electric-car maker said it planned to raise about $500 million through the sale of 2.1 million shares. Chief Executive Elon Musk has indicated an interest in buying nearly 84,000 shares for about $20 million in the offering.

** CISCO SYSTEMS INC Wednesday close $27.9, +3.62 pct premarket

The network equipment maker reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere.

  Continued...