BUZZ-U.S. Stocks on the Move-21Vianet, Ctrip, DreamWorks, Habit
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U.S. stock index futures pointed to slight losses at the open on Wednesday as jobless claims rose to their highest level since September, though market moves were light going into the Thanksgiving holiday. Dow Jones industrial average e-mini futures were down 0.04 percent at 17,800, S&P 500 e-mini futures were down 0.02 percent at 2,067 and Nasdaq 100 e-mini futures were up 0.05 percent at 4,294.75.
** 21VIANET GROUP INC, Tuesday close $20.76, -14.16 pct premarket
Stifel Nicolaus and Canaccord Genuity cut their ratings on the Chinese data center services company's stock to "hold" from "buy" citing weaker-than-expected core results, lackluster forecast and unresolved fraud allegations as reasons for the downgrade. 21Vianet reported lower-than-expected Q3 profit on Tuesday and cut its full-year revenue forecast.
** CTRIP.COM INTERNATIONAL LTD, Tuesday close $58.46, -10.73 pct premarket
The Chinese online travel company said it expects to report a Q4 loss of 400-500 mln yuan ($65.2-$81.5 mln), due to "aggressive" investments in second-tier cities and new businesses. The company expects Q4 margins to tumble 26 points sequentially and 35 points year-on-year and does not expect profitability to recover significantly in the near-term.
** SEADRILL LTD, Tuesday close $20.71, -10.24 pct premarket Continuación...