August 13, 2015 / 12:40 PM / in 2 years

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Kohl's, Sprint, Shake Shack

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U.S. stock index e-mini futures rose on Thursday: Dow Jones industrial average futures were up 0.18 percent at 17,398, S&P 500 futures were up 0.17 percent at 2,087.75 and Nasdaq 100 futures were up 0.24 percent at 4,544.25.

** TESLA MOTORS INC, Wednesday close $238.17, +1.88 pct premarket

The electric-car maker said it planned to raise about $500 million through the sale of 2.1 million shares. Chief Executive Elon Musk has indicated an interest in buying nearly 84,000 shares for about $20 million in the offering.

** CISCO SYSTEMS INC Wednesday close $27.9, +3.62 pct premarket

The network equipment maker reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere.

** KOHL‘S CORP, Wednesday close $61.5, -6.81 pct premarket

The department store operator reported lower-than-expected same-store sales for the second quarter as a shift in tax-free holidays to August delayed back-to-school shopping.

** HARMONY GOLD MINING CO, Wednesday close $1.16, -5.17 pct premarket

** BARRICK GOLD CORP, Wednesday close $8.13, -2.34 pct premarket

** YAMANA GOLD INC, Wednesday close $2.32, -2.59 pct premarket

Gold fell nearly 1 percent on Thursday, snapping five sessions of gains, as concerns over further losses in the yuan after China devalued the currency this week eased, allowing stock markets and the dollar to rebound.

** MYLAN NV, Wednesday close $55.36, -0.83 pct premarket

** PERRIGO CO, Wednesday close $186.06, +0.94 pct premarket

Mylan, which is trying to buy smaller rival Perrigo through a hostile tender offer, lowered the level of support it requires from Perrigo shareholders to push through the takeover.

** SHAKE SHACK INC, Wednesday close $64.79, -8.32 pct premarket

The hamburger chain operator said its 4-million-share offering was priced at $60 per share, well below Shake Shack’s Wednesday closing price.

** CARETRUST REIT INC, Wednesday close $11.05, -5.61 pct premarket

The secondary offering of 14.2 million of the company’s shares was priced at $10.50 per share, below CareTrust’s Wednesday closing price of $11.05.

** SPRINT CORP, Wednesday close $3.88, +4.38 pct premarket

Japanese telecoms group SoftBank Group Corp, the majority owner of the U.S. wireless carrier, said it bought an additional 22.9 million shares in Sprint at a weighted average price of $3.80.

** NATIONAL GENERAL HOLDINGS CORP, Wednesday close $19.09, -2.57 pct premarket

The insurance company’s common stock offering was priced at $19 per share, slightly below National General’s closing price of $19.09 per share on Wednesday.

Compiled by Anya George Tharakan in Bengaluru; Editing by Kirti Pandey

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