September 18, 2015 / 12:17 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Adobe Systems, Kinross Gold, BHP Billiton

(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 e-mini futures fell on Friday, a day after the Federal Reserve held off on raising interest rates: Dow Jones industrial average futures were down 0.92 percent at 16,505, S&P 500 futures were down 0.94 percent at 1,969 and Nasdaq 100 futures were down 1.00 percent at 4,336.25.

** ADOBE SYSTEMS INC, Thursday close $80.31, -2.25 pct premarket

The Photoshop maker’s lower-than-expected revenue and profit forecast for the current quarter overshadowed a strong rise in net subscriptions for its Creative Cloud software suite. The company also said that David Wadhwani, head of its digital media, was leaving to pursue a CEO opportunity.

** BANK OF AMERICA, Thursday close $15.86, -1.01 pct premarket

New York City’s $165 billion pension funds will vote to strip the banker’s CEO Brian Moynihan of his chairman title, a spokesman for the funds told Reuters on Thursday.

** KINROSS GOLD CORP, Thursday close $1.69, +1.78 pct premarket

The Canadian miner lowered on Thursday its full-year capital spending and overhead costs forecasts and raised the lower end of its production outlook.

** BHP BILLITON, Thursday close $35.38, -1.53 pct premarket

The global miner expected coal prices to stay weak in the near term, but saw the fuel remaining an important part of the world’s energy mix for decades, even amid a push to cut carbon emissions, its coal chief said on Friday.

** MCDONALD’S CORP, Thursday close $97.84

The world’s biggest restaurant chain’s shareholder group is renewing its call for the fast-food chain to stop buying any meat from animals raised with antibiotics vital to fighting human infections. The move from the Congregation of Benedictine Sisters of Boerne, Texas, comes amid growing concern from public health experts that the overuse of such drugs is contributing to rising numbers of life-threatening human infections from antibiotic-resistant bacteria dubbed “superbugs.”

** MCKESSON CORP, Thursday close $204.7

UDG Healthcare Plc said it would sell its drug distribution units in Ireland and Northern Ireland and a unit in its commercial services business to the U.S. drug wholesaler for 407.5 million euros ($466 million).

** ADVAXIS INC, Thursday close $19.71

The drug developer said its experimental cancer vaccine was found more effective in improving survival rates of cervical cancer patients than standard therapy, validating the technology behind its pipeline of cancer treatments.

** ALLERGAN PLC, Thursday close $301.05

The company said on Thursday the U.S. Food and Drug Administration approved its new antipsychotic drug to treat bipolar disorder and schizophrenia. The drug, Vraylar, carries a boxed warning on increased risk of death associated with its use in older people with dementia-related psychosis, the FDA said on its website.

** TEXAS INSTRUMENTS INC, Thursday close $48.15

The chipmaker said it planned to buy back shares worth up to $7.5 billion as part of a new repurchase program. The company said Thursday’s buyback program was in addition to the $1.8 billion remaining at the end of June from a previous plan.

** FORTRESS INVESTMENT GROUP LLC, Thursday close $5.64

The alternative asset manager and two partners have offered to buy embattled Brazilian engineer UTC Engenharia SA’s stake in Aeroportos Brasil, which controls Brazil’s Viracopos airport, a person with knowledge of the matter said on Thursday.

** DISCOVERY COMMUNICATIONS, Thursday close $28.29

The company’s Chief Executive David Zaslav said there were opportunities in Europe to develop the factual content that would drive the company’s growth in a multi-platform age, led by its Olympics coverage from 2018. (Compiled by Manish Parashar in Bengaluru; Editing by Kirti Pandey)

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