BUZZ-U.S. STOCKS ON THE MOVE-Lending Club,, Krispy Kreme, Unilife

Mon May 9, 2016 11:48am 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,; for the Morning News Call newsletter, 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...