June 23, 2016 / 11:52 AM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Red Hat, Qunar, Bed Bath & Beyond, BHP

(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 at their highest level in a month on Thursday as investors saw an increased chance of Britain remaining in the European Union, a scenario that would avert a possible financial crisis. Dow Jones industrial average futures were up 0.87 percent at 17,842, S&P 500 futures were up 0.89 percent at 2,095.25 and Nasdaq 100 futures were up 0.96 percent at 4,436.5.

** QUNAR CAYMAN ISLANDS LTD, Wednesday close $26.42, +7.87 pct premarket

The Chinese online travel agency said on Thursday a unit of private equity fund Ocean Imagination LP offered to take the company private.

** RED HAT INC, Wednesday close $79.75, -5.49 pct premarket

The world’s largest commercial distributor of the Linux operating system said it would buy software management provider 3scale, but cut its full-year adjusted profit outlook mainly due to costs related to the deal.

** BED BATH & BEYOND INC, Wednesday close $43.18, -4.01 pct premarket

The home furnishing retailer posted an unexpected drop in first quarter same-store sales as stores sales were hit by customers’ shift to online sales.

** BHP BILLITON PLC, Wednesday close $28.05, +3.39 pct premarket

The Australian mining giant pulled a $500 million debt refinancing plan at one of Australia’s biggest coal export terminals after banks were reluctant to lend to the sector, said three sources with knowledge of the process.

** ROYAL BANK OF SCOTLAND GROUP PLC, Wednesday close $7.29, +3.70 pct premarket

The European bank has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in bad shipping debts at the lender over the past few months.

** ASTRAZENECA PLC, Wednesday close $28.7, +2.09 pct premarket

The drugmaker said it would take an $80 million writedown on stocks of its flu vaccine Flumist Quadrivalent, which is sprayed into the nose, after U.S. health authorities decided they would not use the product.

** BLACKBERRY LTD, Wednesday close $6.74, +0.74 pct premarket

The Canadian smartphone maker posted a 35 percent fall in first-quarter revenue and a third straight quarterly loss as it paid heavily to restructure its operations and write down the value of some assets.

** ACCENTURE PLC, Wednesday close $119.03, -0.11 pct premarket

The consulting and outsourcing company posted a better-than-expected 8.6 percent rise in quarterly net revenue, driven by demand for consulting services, particularly from customers in North America.

** BARNES & NOBLE INC, Wednesday close $10.44

Barnes & Noble expects new products and marketing initiatives to help it attract customers as the U.S. bookstore chain operator gears up to fight fierce competition from Amazon.com Inc. (Compiled by Anet Josline Pinto in Bengaluru; Edited by Don Sebastian)

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