April 15, 2015 / 12:27 PM / in 3 years

BUZZ-U.S. STOCKS ON THE MOVE-Molycorp, Harvest Natural, Lexicon

(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 up slightly on Wednesday following strong earnings results from large-cap banks and other companies who managed to beat lowered expectations. Dow Jones industrial average futures were up 0.28 percent at 18,015, S&P 500 futures were up 0.27 percent at 2,096.75 and Nasdaq 100 futures were up 0.20 percent at 4,406.5.

** INTEL CORP, Tuesday close $31.49, +3.08 pct premarket

The chipmaker forecast revenue broadly in line with Wall Street’s expectations and signaled a hefty cut in capital expenditures this year.

** ALCATEL LUCENT SA, Tuesday close $4.93, -15.21 pct premarket

** NOKIA, Tuesday close $7.96, +0.88 pct premarket

Finnish telecom network equipment maker Nokia has agreed to buy Alcatel-Lucent in an all-share transaction that values its smaller French rival at 15.6 billion euros ($16.6 billion).

** LEXICON PHARMACEUTICALS INC, Tuesday close $0.9098, +11.01 pct premarket

The drugmaker and partner Bristol-Myers Squibb Co pick drug candidate for development as a potential treatment for neuropathic pain.

** MOLYCORP INC, Tuesday close $0.5363, +39.85 pct premarket

The rare earth miner said it has been chosen by Siemens AG to supply rare earth minerals over next 10 years from its Mountain Pass, California facility.

** HARVEST NATURAL RESOURCES INC, Tuesday close $1.01, -20.79 pct premarket

Venezuelan state oil company PDVSA has offered to buy Harvest Natural’s stake in the Petrodelta joint venture, according to a source close to PDVSA, but the Texas-based oil and gas producer later said no “fair” proposal had been made.

** BIODEL INC, Tuesday close $1.03, +5.83 pct premarket

The drug developer said in a filing with SEC that its share offering of up to $30 million became effective.

** 58.COM INC, Tuesday close $67.87, -1.71 pct premarket

The Chinese classified advertising website and its competitor, Ganji.com, are in talks about a possible merger, a person with direct knowledge of the matter said, in a sign of further consolidation in the mainland’s hot technology sector.

** MONROE CAPITAL CORP, Tuesday close $15.25, -4.07 pct premarket

The business development company announced a stock offering on Tuesday.

** GOOGLE INC, Tuesday close $539.78, -0.36 pct premarket

Google said on Wednesday it strongly disagreed with the European Commission which accused the U.S. company of distorting Internet searches in its favor and launched an antitrust probe into its mobile operating system Android.

** BANK OF NEW YORK MELLON, Tuesday close $41.06

Britain’s markets regulator has fined the bank 126 million pounds ($185 million) for failing to keep customer money safe during the financial crisis.

** APPLE INC, Tuesday close $126.3, +0.18 pct premarket

Samsung Electronics <Co 005930.KS> has created a standalone team of about 200 employees to work exclusively on making screens for rival smartphone maker Apple products, Bloomberg reported, citing people with direct knowledge of the matter.

** PINNACLE ENTERTAINMENT INC, Tuesday close $34.11, +3.02 pct premarket

** GAMING AND LEISURE PROPERTIES INC, Tuesday close $36.35

Gaming and Leisure Properties, which buys real estate leased to casino operators, has raised its bid for Pinnacle Entertainment’s real estate, a person familiar with the deal said Tuesday.

** ALIBABA GROUP HOLDING, Tuesday close $85, -0.01 pct premarket

The Chinese e-commerce firm is injecting its online pharmacy operations into a Hong Kong-listed affiliate in a $2.5 billion deal to consolidate its healthcare enterprise and ride a boom in online health-related business.

** TARGET CORP, Tuesday close $83.06

** MASTERCARD INC, Tuesday close $89.12

Target is nearing a settlement with MasterCard to reimburse financial institutions about $20 million for costs incurred from the retailer’s massive data breach in 2013, the Wall Street Journal reported.

** BIOGEN INC, Tuesday close $423.57, +2.05 pct premarket

The biotech company said an experimental drug showed evidence of biological repair of the optic nerve in patients with acute inflammation of the optic nerve, but shares fell as analysts wondered how promising the mid-stage study results were.

** CSX CORP, Tuesday close $33.21, +1.02 pct premarket

The U.S. railroad company on Tuesday reported a higher quarterly net profit on increased freight volumes and higher rates charged to customers, and announced a $2 billion share repurchase program.

** BALLARD POWER SYSTEMS INC, Tuesday close $2.26, +5.75 pct premarket

The Canadian fuel-cell maker said it received an order from a Chinese customer to supply power modules for eight buses to be deployed in Chinese cities.

** GOPRO INC, Tuesday close $44.48, +2.07 pct premarket

Analysts at Piper Jaffray upgraded the wearable camera maker’s stock to “overweight”.

** JD.COM INC, Tuesday close $33.22, +0.24 pct premarket

China’s No. 2 e-commerce player on Wednesday launched its JD Worldwide cross-border online shopping platform, a challenger to Alibaba Group Holding Ltd’s Tmall Global service.

** WAL-MART STORES INC, Tuesday close $80.15, +0.12 pct premarket

A federal appeals court on Tuesday lifted an injunction that would have required Wal-Mart to let shareholders vote on a proposal to tighten oversight of its sale of guns with high-capacity magazines. (Compiled by Anannya Pramanick in Bengaluru; Edited by Maju Samuel)

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