January 12, 2016 / 3:06 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Burlington Stores, Eldorado, Skullcandy

(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 opened higher on Tuesday as crude oil prices edged off 12-year lows after flirting with $30 per barrel. The Dow Jones industrial average was up 0.95 percent at 16,555.12, the S&P 500 was up 1.01 percent at 1,943.05 and the Nasdaq Composite was up 1.48 percent at 4,706.73.

** ELDORADO GOLD CORP, $2.51, -18.24 pct

The Canadian miner expects the suspension of much of its mining activities in Greece after confrontation with the country’s leftist-led government will cost more than 600 jobs, its chief executive said on Tuesday.

** BURLINGTON STORES INC, $48.25, +12.84 pct

The off-price retailer forecast “approximately flat” comparable sales for the fourth quarter even in a tough retail environment.

** SKULLCANDY INC, $3.3657, -26.03 pct

The audio products maker cut its fourth-quarter sales forecast.

** HORIZON PHARMA PLC, $19.71, +8.96 pct

The specialty drug maker raised its 2016 sales forecast.

** LULULEMON ATHLETICA INC, $59.905, +9.46 pct

The Canadian yogawear retailer raised its fourth-quarter revenue forecast, a month after it trimmed its full-year revenue expectations, as holiday season sales exceeded its estimates.

** APPLE INC, $100.49, +1.99 pct

The iPhone maker’s stock tops $100 again as BofA Merrill raises to “buy”.

** ANTHEM INC, $135.77, +5.77 pct

The health insurer said on Tuesday it expected an adjusted net income of more than $10.80 per share for 2016 compared with $10.16 estimated for 2015.

** AMKOR TECHNOLOGY INC, $5.75, +1.59 pct

The semiconductor assembling and testing company bought the remaining stake in Japan-based J-Devices Corp.


United Airlines, part of United Continental, said on Monday its passenger unit revenue may have fallen more than expected in the fourth quarter just ended, after the November attacks in Paris shook traveler demand and sharply lower oil prices hurt sales to the Houston hub carrier’s energy clients.

** SAP, $80.73, +2.76 pct

Europe’s largest software company on Tuesday met or slightly beat its 2015 revenue and profit targets, driven by strong year-end software licence renewals and customers moving to newer Internet-based software. (Compiled by Abhirup Roy in Bengaluru; Editing by Maju Samuel)

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