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U.S. STOCKS ON THE MOVE-PepsiCo, Morgan Stanley, Sprint, Qualcomm, railroads, chipmakers

Reuters

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The Morning News Call newsletter:

Wall Street was set to open higher on Wednesday, as upbeat economic data from China and a jump in Qualcomm shares sparked gains in chipmakers, with sentiment also lifted by largely positive earnings reports.

** HMS Holdings Corp : up 3.0 pct premarket

Cantor Fitzgerald upgrades to 'buy' on attractive risk/reward tradeoff

** TherapeuticsMD Inc : up 5.5 pct premarket

Rises on $300 mln financing deal to support product launches

** Moleculin Biotech Inc : up 16.1 pct premarket

Jumps on new data from cancer drug testing

** DPW Holdings Inc : up 40.5 pct premarket

Soars on bright outlook

** Bank of New York Mellon Corp : down 7.3 pct premarket

BNY Mellon profit misses estimates on lower fee revenue

Slides on first profit miss in 2 years

** International Business Machines Corp : down 3.6 pct premarket

Street View: IBM's story in progress, with all eyes on RHT

** Pinduoduo Inc : up 1.7 pct premarket

Keybanc calls Pinduoduo new online disruptor, starts with 'overweight'

** Pentair Plc : down 1.6 pct premarket

Pentair slips after biggest quarterly results miss in at least 2 years


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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