September 21, 2015 / 11:30 AM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Apple, Atmel, GoPro, Lennar, Merck

(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 edged higher on Monday: Dow Jones industrial average futures were up 0.51 percent at 16,401, S&P 500 futures were up 0.49 percent at 1,960 and Nasdaq 100 futures were up 0.44 percent at 4,346.

** APPLE INC, Friday close $113.45, +0.48 pct premarket

The iPhone maker said it is cleaning up its iOS App Store to remove malicious iPhone and iPad programs identified in the first large-scale attack on the popular mobile software outlet.

** ATMEL CORP, Friday close $7.27, +17.47 pct premarket

Chipmaker Dialog Semiconductor said it had agreed to buy U.S. peer Atmel for about $4.6 billion, as the Anglo-German company seeks to expand its industrial product portfolio.

** GOPRO INC, Friday close $35.15, -4.52 pct premarket

The U.S. video camera maker’s shares could plunge to $25 from a recent $35 as its latest product launch underwhelms consumers and competition comes on strong, Barron’s said in a report.

** LENNAR CORP, Friday close $51.75, +3.29 pct premarket

The U.S. homebuilder reported a 26 percent rise in quarterly profit as it sold more homes at higher prices, and said orders rose 10.3 percent.

** MERCK & CO INC, Friday close $52.13, +1.00 pct premarket

An experimental antibody developed by the drugmaker was shown in pivotal studies to reduce by about 10 percentage points the risk that infection with Clostridium difficile bacterium, which can cause a deadly diarrhea, will recur.

** RALPH LAUREN CORP, Friday close $109.38, +1.00 pct premarket

The U.S. clothing design company looks like a buying opportunity, according to a report in Barron’s financial newspaper, which said the company’s investment in new technology should lead to rising profit in coming years.

** FIAT CHRYSLER AUTOMOBILES, Friday close $14.51, -2.48 pct premarket

United Auto Workers President Dennis Williams said he hopes to have ratification votes on a proposed labor contract for 40,000 U.S. Fiat Chrysler Automobiles workers completed in 10 days.

** PRICELINE GROUP INC, Friday close $1,294.47, +0.43 pct premarket

The online travel services company is looking at ways to grow its operation in Cuba in light of new rules the United States announced that ease trade and investment restrictions with the Communist-ruled island.

** TELECOM ITALIA SPA, Friday close $12.32

Telecom Italia is open to all options regarding its Inwit tower unit, the chief executive of the Italian telecoms group said , adding there was “strong interest” for it but no offer on the table.

** BARRICK GOLD CORP, Friday close $6.75

There has been strong interest in a package of six U.S. gold assets that the gold producer Barrick Gold Corp wants to sell, a senior Barrick executive said, adding that he expects a deal to close before year end.

** JPMORGAN CHASE & CO, Friday close $60.94

Hong Kong Exchanges and Clearing’s (HKEx) chairman has backed company Chief Executive Charles Li following a report in the Wall Street Journal linking Li to hiring practices at his former employer JPMorgan Chase that are being investigated. (Compiled by Kshitiz Goliya in Bengaluru; Editing by Maju Samuel)

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