March 23, 2016 / 2:09 PM / in 2 years

BUZZ-U.S. STOCKS ON THE MOVE-Nike, Amaya, SunEdison, Valeant

(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 indexes were slightly lower on Wednesday morning, dragged down by energy and materials stocks, as investors remained wary of taking on risk in a week marred by the attacks in Brussels and shortened by the Good Friday holiday. The Dow Jones industrial average was down 0.18 percent at 17,551.79, the S&P 500 was down 0.28 percent at 2,044.13 and the Nasdaq Composite was down 0.45 percent at 4,800.045.

** NIKE INC, $62.16, -4.22 pct

At least four brokerages cut price targets on the world’s biggest footwear maker’s stock after it reported lower-than-expected third-quarter revenue as a strong dollar reduced the value of sales from overseas markets.

** AMAYA INC, $11.2499, -21.05 pct

Quebec’s securities regulator filed insider trading charges against Canadian gambling website operator Amaya’s chief executive, David Baazov.

** SUNEDISON INC, $1.29, -13.42 pct

The troubled solar company is in talks with holders of its second-lien loans to fund a debtor-in-possession financing facility for $300 million, Debtwire reported on Tuesday, citing sources.

** BARRICK GOLD CORP, $13.35, -7.93 pct

** NEWMONT MINING CORP, $25.52, -6.83 pct

** SEABRIDGE GOLD INC, $10.19, -6.77 pct

** IAMGOLD CORP, $2.04, -6.85 pct

** ELDORADO GOLD CORP, $3.22, -4.45 pct

** KINROSS GOLD CORP, $2.92, -7.89 pct

** YAMANA GOLD INC, $2.895, -8.96 pct

** FIRST MAJESTIC SILVER CORP, $6.27, -7.66 pct

** ENDEAVOUR SILVER CORP, $2.4, -8.40 pct

Gold and silver miners’ U.S.-listed shares were down on Wednesday as metal prices fell after the dollar strengthened on hawkish comments from U.S. Federal Reserve officials.

Gold fell more than 2 percent to its lowest level in 3 weeks, while silver declined 1.3 percent

** SHELL MIDSTREAM PARTNERS, $33.25, -2.29 pct

Royal Dutch Shell’s affiliate’s units fall after MLP announced a follow-on set to price before markets open on Wednesday. The company is offering 8.5million units with bookrunner Barclays marketing units at a bracketed discount of 6.7-9.6 percent to Tuesday’s $34.03 last sale.

** VALEANT PHARMACEUTICALS, $32.88, +3.10 pct

The embattled Canadian drugmaker’s U.S.-listed shares are set to add to 17 percent gain since Friday close and on track for the best week in 2016. Valeant said on Monday its CEO will leave and billionaire investor William Ackman will join the board. (Compiled by Yashaswini Swamynathan in Bengaluru; Edited by Don Sebastian)

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