August 23, 2018 / 1:22 PM / 7 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Alibaba, L Brands, Synopsys, Hormel

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U.S. stock index futures struggled to move higher on Thursday as new tariffs took effect in the U.S.-China trade war and markets speculated on the future path of interest rate hikes.

At 9:07 ET, Dow e-minis were down 0.03 percent at 25,709. S&P 500 e-minis were down 0.02 percent at 2,860.75, while Nasdaq 100 e-minis were down 0.10 percent at 7,426. The top three NYSE percentage gainers premarket: ** Leju Holdings Ltd, up 17.2 pct ** Pier 1 Imports Inc, up 10.0 pct ** Eros International Plc, up 7.2 pct The top three NYSE percentage losers premarket: ** Qudian Inc, down 12.2 pct ** Puxin Ltd, down 10.4 pct ** Stage Stores, down 6.5 pct The top three Nasdaq percentage gainers premarket: ** Lexinfintech Holdings Ltd, up 12.0 pct ** Sellas Life Sciences Group Inc, up 9.8 pct ** Innovate Biopharmaceuticals Inc, up 8.5 pct The top three Nasdaq percentage losers premarket: ** Pavmed Inc, down 22.5 pct ** iPass Inc, down 9.1 pct ** Stein Mart Inc, down 7.9 pct

** Alibaba Group Holding Ltd: up 3.9 pct premarket BUZZ-Gains on quarterly revenue beat ** L Brands Inc: down 5.7 pct premarket BUZZ-Slips after results; analysts see rough ride ahead ** Synopsys Inc: up 6.3 pct premarket BUZZ-Rises after results top estimates ** Hormel Foods Corp: down 4.6 pct premarket ** Sanderson Farms Inc: down 4.2 pct premarket BUZZ-Packaged meat cos: Drop on weak Q3 sales from Hormel, Sanderson ** Williams-Sonoma Inc: up 7.2 pct premarket BUZZ-Rises as sales top estimates on online strength ** Aetna Inc: down 0.4 pct premarket BUZZ-Cantor Fitzgerald downgrades to “neutral” ** Acadia Pharmaceuticals Inc: up 3.0 pct premarket BUZZ-Cantor’s top biotech picks ** Sibanye Gold Ltd: down 1.3 pct premarket ** Gold Fields Ltd: down 2.0 pct premarket ** Harmony Gold Mining Co: down 1.8 pct premarket BUZZ-Gold miners down on new tariffs, stronger dollar ** Tempur Sealy International Inc: up 4.7 pct premarket BUZZ-Don’t sleep on Mattress Firm opportunity -KeyBanc ** Finisar Corp: up 2.6 pct premarket ** Acacia Communications Inc: up 3.1 pct premarket BUZZ-Piper Jaffray upgrades Acacia, Finisar to ‘overweight’ [nL3N1VE45C ** LexinFintech Holdings Ltd: up 12.0 pct premarket BUZZ-Jumps on strong quarterly report ** Lantronix Inc: up 3.3 pct premarket BRIEF-Reports quarterly revenue growth of 9 pct ** Stein Mart Inc: down 7.9 pct premarket BRIEF-Reports quarterly loss per share of $0.02 ** The Children’s Place Inc: down 0.9 pct premarket BUZZ-Delivers beat-and-raise quarter on strong comp sales ** Leju Holdings Ltd: up 17.2 pct premarket BUZZ-Leju Holdings: Set for its best day ever on Q2 beat ** Mountain Province Diamonds Inc: up 2.3 pct premarket BUZZ-Gains after BMO upgrades to “buy” ** Innovate Biopharmaceuticals Inc: up 8.5 pct premarket BUZZ-Up on data service deal for lead drug’s trial ** CHF Solutions Inc: up 0.9 pct premarket BRIEF-CHF Solutions received registration from FDA Thailand to allow sale of Aquadex Flex Flow in thailand ** PAVmed Inc: down 22.5 pct premarket BUZZ- Falls after carpel tunnel device fails to get marketing approval (Compiled by Bharath Manjesh in Bengaluru)

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