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BUZZ-U.S. STOCKS ON THE MOVE-Century Aluminum, Express Inc, Frontline

Wed, 26th Aug 2015 13:52

(For faster updates on individual market-movers, Eikon usersplease use search string "STXBZ US"; for the Day Aheadnewsletter, http://link.reuters.com/mex49s; for the Morning NewsCall newsletter, http://link.reuters.com/nex49s)U.S. stock indexes were up on Wednesday. The Dow Jonesindustrial average was up 2.16 percent at 16,005.07, theS&P 500 was up 2.20 percent at 1,908.77 and the NasdaqComposite was up 2.39 percent at 4,613.98.

** SCHLUMBERGER LTD, $70.71, -2.50 pct

** CAMERON INTERNATIONAL, $61.37, +44.50 pct

Schlumberger, the world's No.1 oilfield services company, agreed to buy oilfield equipment provider Cameron in a dealvalued at $14.8 bln.

Cameron shareholders will get $66.36 - $14.44 in cash and0.716 of a Schlumberger share - for each share held, a premiumof 56.3 percent to Cameron's Tuesday close.

** ABERCROMBIE & FITCH CO, $19.85, +14.94 pct

The apparel retailer reported surprise second-quarterprofit, helped by higher demand for Hollister and abercrombieKids brands.

** GOOGLE INC C, $614.3353, +5.55 pct

** GOOGLE INC A, $646, +5.47 pct

Goldman Sachs added the tech giant's stock to its"conviction buy" list. Broker put a $800 price target onGoogle's Class A shares, implying a 31 percent rise from currentlevels.

** AMAZON.COM INC, $484.65, +3.92 pct

Evercore Partners raises the e-commerce company's stock to"buy" from "hold". Out of 43, 36 brokerages rate the stock "buy"or higher while 7 rate it "hold".

** OSHKOSH CORP, $40.71, +5.69 pct

The U.S. specialty truck maker won a $6.75 billion contractto build 17,000 light tactical vehicles to replace the agingHumvees used by the U.S. Army and Marine Corps.

** QUALCOMM INC, $55.31, +2.65 pct

The chipmaker said it agreed to sell its UK L-Band spectrumto Vodafone Group Plc and Hutchison 3G UK Ltd in twoseparate deals. Qualcomm did not disclose the terms of the deal.

** CENTURY ALUMINUM CO, $4.16, -10.54 pct

The company, which is owned by Glencore PLC, saidon Tuesday it will idle its Hawesville, Kentucky, smelter, thefirst aluminum plant to shut in years as sinking prices andincreased Chinese exports harm producers.

** FRONTLINE LTD, $2.47, +6.47 pct

The Norwegian shipping company said it will start quarterlydividend as soon as it completes merger with Frontline 2012 Ltd,which was spun off 3 years ago.

** EXPRESS INC, $19.16, +13.37 pct

The apparel retailer raised full-year adjusted profitforecast for second time in 2015 and reported second-quarterprofit and sales above expectations, helped bybetter-than-expected rise in comparable sales.

(Compiled by Arunima Banerjee in Bengaluru; Editing by SrirajKalluvila)

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