January 12, 2016 / 6:18 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-HeartWare, Skullcandy, Tenet, Eldorado

(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 flat in afternoon trading on Tuesday, after an early rally was wiped out as crude oil prices once again held the markets hostage. The Dow Jones industrial average was up 0.05 percent at 16,406.86, the S&P 500 was up 0.08 percent at 1,925.17 and the Nasdaq Composite was up 0.34 percent at 4,653.835.

** ELDORADO GOLD CORP, $2.46, -19.87 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.

** DEL TACO RESTAURANTS INC, $10.45, +10.58 pct

The restaurant operator’s stock ended a streak of seven days of declines on strong fourth-quarter and full-year forecasts.

** INTRAWEST RESORTS, $8.63, +22.76 pct

The North American mountain resort company commenced a tender offer.


The company said on Monday it had detected certain software algorithms in its heart device, MVAD, that could be increasing risk of blood clots in a trial.

** TENET HEALTHCARE, $24.19, -6.17 pct

The hospital operator reiterated its Q4 EBITDA outlook, but sources point to co’s statement at a conference that it sees Q4 facility admissions declining 1.8 pct y-o-y as possible reason for the stock’s weakness.

** BURLINGTON STORES INC, $48.16, +12.63 pct

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

** SKULLCANDY INC, $3.09, -32.09 pct

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

** HORIZON PHARMA PLC, $19.0621, +5.37 pct

The specialty drug maker raised its 2016 sales forecast.

** LULULEMON ATHLETICA INC, $58.05, +6.07 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.

** FLUIDIGM CORP, $9.09, +3.65 pct

The life sciences research company forecasts strong finish to the year.

** SEABRIDGE, $7.57, -7.57 pct

** BARRICK GOLD, $7.788, -4.44 pct

** RIO TINTO, $23.68, -4.28 pct

** GOLDCORP, $11.21, -4.92 pct

** NEWMONT MINING, $16.735, -1.62 pct

** ROYAL GOLD, $30.87, -7.69 pct

** SILVER WHEATON, $11.02, -6.45 pct

U.S.-listed shares of gold miners down as gold falls for a third straight session, hit by strong dollar and bounce in European stocks.

** GAMESTOP CORP, $27.65, -5.89 pct

The video game retailer is set for the worst day since November as it cut the top end of its fourth-quarter EPS and same-store sales forecast.

** APPLE INC, $99.57, +1.06 pct

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

** ANTHEM INC, $134.59, +4.85 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.

** SAP, $80.38, +2.32 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.

** INTEL INC, $32.47, +1.28 pct

JP Morgan resumes coverage of the world’s largest chipmaker with an “overweight” rating.

** PLAINS ALL AMERICAN PIPELINE, $21.35, +4.86 pct

Jumped after $1.5 billion equity raise. (Compiled by Abhirup Roy in Bengaluru; Editing by Maju Samuel)

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