May 20, 2016 / 12:08 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Applied Materials, Interoil, Tesla

(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. stock index futures were higher on Friday, a day after the S&P 500 fell to its lowest since March as investors fretted about a rate hike as early as June: Dow Jones industrial average futures were up 0.26 percent at 17,460, S&P 500 futures were up 0.25 percent at 2,043.75 and Nasdaq 100 futures were up 0.35 percent at 4,332.5.

** TESLA MOTORS INC, Thursday close $215.21, +0.92 pct premarket

The electric car maker has raised $1.46 billion in fresh capital from the sale of its 6.8 million new common stock offering, according to IFR.

** APPLIED MATERIALS INC, Thursday close $19.91, +8.14 pct premarket

The world’s largest supplier of tools used to make semiconductor chips forecast a higher-than-expected third-quarter profit on the back of strong demand for chips used in smartphones and solid-state drives.

** INTEROIL CORP, Thursday close $31.65, +26.45 pct premarket

Australia’s Oil Search Ltd agreed to a $2.2 billion deal to acquire InterOil, aiming to pave the way for two rival liquefied natural gas projects led by global majors to work together in Papua New Guinea.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Thursday close $26.26, -0.19 pct premarket

The beleaguered Canadian drugmaker said it received a notice of default from bondholders for the delay in filing its first-quarter report.

** GAP INC, Thursday close $17.28, +0.46 pct premarket

Gap said it would shut 75 Old Navy and Banana Republic stores in overseas markets as the struggling apparel retailer focuses on its North American market to revive its fortunes.

** GOLDMAN SACHS GROUP INC, Thursday close $154.7, +0.52 pct premarket

The bank’s infrastructure fund GSIP is mulling the sale of all or part of its Spanish energy business, Redexis, in the second half of the year, five sources familiar with the matter told Reuters.

** AUTODESK INC, Thursday close $57.52, -0.38 pct premarket

Autodesk reported lower-than-expected quarterly revenue as the design software maker transitions to a subscription model.

** DEAN FOODS CO, Thursday close $17.91

U.S. authorities on Thursday charged a former chairman of Dean Foods and a professional Las Vegas gambler with engaging in an insider trading scheme that netted more than $40 million and included a tip that benefited professional golfer Phil Mickelson.

** PIONEER NATURAL RESOURCES CO, Thursday close $162.84

The U.S. shale oil producer said on Thursday that Chief Executive Officer Scott Sheffield will retire at the end of the year and be replaced by Tim Dove, the company’s chief operating officer. (Compiled by Anya George Tharakan in Bengaluru; Editing by Anil D‘Silva)

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