BUZZ-U.S. STOCKS ON THE MOVE-Lending Club, JD.com, Krispy Kreme, Unilife
(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. stocks were little changed in late morning trading on Friday as a bounce in healthcare shares struggled to offset declines in energy and material stocks.
The Dow Jones industrial average was down 0.25 percent at 17,695.95, the S&P 500 was up 0.04 percent at 2,057.89 and the Nasdaq Composite was up 0.35 percent at 4,752.593.
** LENDING CLUB CORP, $5.19, -26.90 pct
The online lending platform said CEO Renaud Laplanche had resigned after an internal probe found that $22 million of near-prime loans were sold to an investor on terms that didn't comply with the investor's instructions.
BREAKINGVIEWS-Lending Club shows limits of fintech disruption
** JD.COM, $22.86, -9.29 pct
The Chinese online retailer forecast slower revenue growth for the second quarter on Monday. Continued...