March 18, 2016 / 12:14 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Adobe, Eagle Pharma, Enpro, TransCanada

(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. stock index futures were higher on Friday, a day after the Dow Jones industrial average turned positive for the year, as investors took to riskier assets. Dow Jones industrial average futures were up 0.21 percent at 17,422, S&P 500 futures were up 0.23 percent at 2,035 and Nasdaq 100 futures were up 0.15 percent at 4,399.75.

** ADOBE SYSTEMS INC, Thursday close $89.96, +7.05 pct premarket

The photoshop maker raised its full-year profit and revenue forecast that topped market expectations, bolstered by strong demand for its Creative Cloud package of software tools.

** EAGLE PHARMACEUTICALS INC, Thursday close $53.68, -16.15 pct premarket

The drugmaker said the U.S. Food and Drug Administration rejected its drug to prevent blood clots in certain patients undergoing heart surgery.

** ENPRO INDUSTRIES INC, Thursday close $58.35, +8.83 pct premarket

The company said it has agreed to a $480 million settlement to resolve current and future personal injury claims related to its asbestos-lined gaskets used in pipes, valves and other industrial applications.

** TRANSCANADA CORP, Thursday close $38.08, -4.15 pct premarket

** COLUMBIA PIPELINE GROUP INC, Thursday close $23.51, +5.91 pct premarket

The company behind the controversial Keystone XL oil pipeline said on Thursday it will buy Columbia Pipeline Group for $10.2 billion, creating one of North America’s largest regulated natural gas transmission businesses.

** TITAN MACHINERY INC, Thursday close $12.56, -9.00 pct premarket

The heavy equipment retailer sees fourth-quarter adjusted loss of $1.31 per share and quarterly revenue of about $335 million, both below analysts’ average estimates. (Compiled by Arunima Banerjee in Bengaluru; Edited by Don Sebastian)

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