BUZZ-U.S. STOCKS ON THE MOVE-Comcast, Time Warner Cable, Stemcells

Fri Apr 24, 2015 9:27am 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. stocks were set to open higher on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to extend its run after surpassing on Thursday a 15-year-old record. Dow Jones industrial average futures were up 0.13 percent at 18,004, S&P 500 futures were up 0.23 percent at 2,111.75 and Nasdaq 100 futures were up 0.76 percent at 4,515.75.

** COMCAST CORP, Thursday close $59.23, +1.27 pct premarket

** TIME WARNER CABLE INC, Thursday close $148.76, +0.83 pct premarket

The companies said they abandoned their proposed $45 billion merger. Media company executives and diverse consumer and industry groups had worried the deal would create a monolith with too much control over what Americans do online and watch on TV.

** 3D SYSTEMS CORP, Thursday close $30.15, -11.18 pct premarket

The 3D printer maker estimated first-quarter revenue and profit well below the average analyst estimate, saying a weaker euro and yen and the aftershock of lower oil prices had forced its aerospace, automotive and healthcare clients to curb orders.

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