October 10, 2018 / 1:23 PM / 6 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Sears, Scorpio Tankers, IDT Corp

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U.S. stock futures slipped to session lows on Wednesday as Treasury yields rose after data showed U.S. producer prices rose last month, suggesting there was no let up in inflation pressures.

At 8:58 ET, Dow e-minis were down 0.28 percent at 26,408. S&P 500 e-minis were down 0.35 percent at 2,878.25, while Nasdaq 100 e-minis were down 0.58 percent at 7,356. The top three NYSE percentage gainers premarket: ** IDT Corp, up 27.0 pct ** Nio Inc, up 10.4 pct ** Lions Gate Entertainment Corp, up 8.1 pct The top three NYSE percentage losers premarket: ** Natural Resource Partners L.P., down 9.6 pct ** Scorpio Tankers Inc, down 9 pct ** Chesapeake Granite Wash Trust, down 7.4 pct The top three Nasdaq percentage gainers premarket: ** Neovasc Inc, up 81.1 pct ** Novelion Therapeutics Inc, up 47.3 pct ** Motus GI Holdings, Inc, up 16.37 pct The top three Nasdaq percentage losers premarket: ** Sears Holdings Corp, down 23.2 pct ** AcelRx Pharmaceuticals Inc, down 37.7 pct ** One Horizon Group Inc, down 24.4 pct ** Sears Holdings Corp: down 23.2 pct premarket BUZZ-Tumbles on report of possible bankruptcy filing

** Scorpio Tankers Inc: down 9.0 pct premarket BUZZ-Sinks on planned $250 mln stock offering ** Discovery Inc: up 3.2 pct premarket BUZZ-Discovery: Scripps merger benefits just beginning, raises to “outperfom” ** Alibaba Group Holding Ltd: down 1.1 pct premarket BUZZ Alibaba:-Brokerages trim Q2 profit estimates on softer China online sales ** Nio Inc: up 10.4 pct premarket BUZZ-Rival Tesla’s shareholder discloses stake ** IDT Corp: up 27.0 pct premarket BUZZ-Jumps on share repurchase program ** PPG Industries Inc: up 3.0 pct premarket BUZZ-Up after Trian Fund discloses stake in co ** Edwards Lifesciences Corp: up 0.9 pct premarket BUZZ-Edwards Lifesciences “primary beneficiary” of long-term TAVR market growth - Leerink ** Myriad Genetics Inc: up 4.2 pct premarket BUZZ-Piper Jaffray upgrades to ‘overweight’ ** Akorn Inc: up 7.6 pct premarket BUZZ-Jumps after U.S. FDA approves eye lash deficiency treatment ** McDonald’s Corp: up 0.8 pct premarket BUZZ-Guggenheim upgrades, expects improving trends heading into 2019 ** Neovasc Inc: up 81.1 pct premarket BUZZ-Jumps after FDA grants ‘breakthrough’ status to its device ** Valeritas Holdings Inc: up 11.7 pct premarket BUZZ-Up after promising data from insulin patch study (Compiled by Arundhati Sarkar in Bengaluru)

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