BUZZ-U.S. STOCKS ON THE MOVE-Agenus, BHP Billiton, Violin

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) Wall Street was set to open higher after data showed that the U.S. private sector added more jobs than expected in May and the European Central Bank left interest rates unchanged at record lows: Dow Jones industrial average futures were up 0.38 percent at 18,069, S&P 500 futures were up 0.32 percent at 2,113.5 and Nasdaq 100 futures were up 0.62 percent at 4,531.

** GENESCO INC (NYSE: GCO - news) , Tuesday close $66.5,-2.51 pct premarket

Goldman Sachs (NYSE: GS-PB - news) cut its rating on the footwear retailer's stock to "sell", according to Streetinsider.com

** BHP BILLITON (NYSE: BBL - news) , Tuesday close $45.04,-1.67 pct premarket

The world's biggest mining company warned on Wednesday that a global oversupply of commodities that is putting pressure on prices is likely to be prolonged.

** G-III APPAREL GROUP LTD, Tuesday close $60.09,+8.17 pct premarket

At least four brokerages raised their price targets on the stock after the apparel and accessories maker raised its full-year profit and sales forecast, above analysts' estimates, on strong orders for the fall season and growth in wholesale business.

** CATALENT INC (NYSE: CTLT - news) , Tuesday close $29.35,-2.01 pct premarket

The drug developer priced a secondary public offering of 14 million common shares at $29 each.

** AMBARELLA INC (NasdaqGS: AMBA - news) , Tuesday close $92.21,+2.27 pct premarket

At least eight brokerages raised their price targets and one upgraded the stock after the video-processing chip maker reported better-than-expected revenue and profit for the first quarter on Tuesday.

** AGENUS INC (NasdaqCM: AGEN - news) , Tuesday close $7.95,+3.77 pct premarket

The drug developer extended its research term under an existing deal and license agreement with Merck (Swiss: MER.SW - news) & Co Inc until April 2016 to discover cancer drugs using Agenus technology platform.

** VIOLIN MEMORY INC (NYSE: VMEM - news) , Tuesday close $3.16,-11.39 pct premarket

At least one brokerage cut its price target on the stock after the flash storage provider reported a worse-than-expected 33 percent fall in first-quarter revenue. The company said it continued to experience short-term effects of transitioning customers to its new flash storage platform.

** SYNCHRONOSS TECHNOLOGIES INC (NasdaqGS: SNCR - news) , Tuesday close $42.53, +19.42 pct premarket

The software maker is working with financial advisor Qatalyst Partners LP on a possible sale that could be valued at more than $2 billion, The Wall Street Journal reported on Tuesday, citing people familiar with the matter.

** FORD MOTOR CO (NYSE: F - news) , Tuesday close $15.26, +0.33 pct premarket

Toyota Motor Corp said it reached an agreement with Ford Motor to explore collaboration for the implementation of Ford's SmartDeviceLink technology in future Toyota and Lexus vehicles.

** HEWLETT-PACKARD CO, Tuesday close $33.88, +0.80 pct premarket

Chief Executive Meg Whitman said the separation of HP Inc and Hewlett-Packard Enterprise would be effective on Nov. 1.

** ALCATEL LUCENT SA, Tuesday close $3.93, +1.78 pct premarket

The telecom gear maker said it would provide 100G optical technology to Telecom Italia SpA (Other OTC: TIAJF - news) for delivery of ultra-broadband Internet and TV services.

** MYLAN NV, Tuesday close $72.28, +1.55 pct premarket

** TEVA PHARMACEUTICAL INDUSTRIES LTD, Tuesday close $60.58, +0.21 pct premarket

Teva Pharmaceutical is looking to buy more shares in Mylan (Berlin: 6MY.BE - news) , positioning itself for a possible legal challenge to the generics drugmaker that has spurned its takeover bid, people familiar with the matter said.

** LINKEDIN CORP, Tuesday close $204.81, +2.63 pct premarket

JP Morgan added the business networking website operator to its U.S. equity analyst focus list. The brokerage maintained its "overweight" rating on the stock.

** GOPRO INC (Xetra: A1XE7G - news) , Tuesday close $58.4, +3.39 pct premarket

JP Morgan raised its price target on the wearable-camera maker's stock to $75 from $70.

** NICE SYSTEMS LTD (NasdaqGS: NICE - news) , Tuesday close $63.3, +1.85 pct premarket

JP Morgan upgraded its rating on the software maker's U.S.-listed shares to "overweight" from "neutral" and raised its price target to $72 from $68.

** WENDY'S CO, Tuesday close $11.1, +2.70 pct premarket

The hamburger chain said it would buy back $1.4 billion of shares by the end of 2016 and cut its full-year adjusted earnings forecast to reflect the sale of its bakery operations. (Compiled by Abhirup Roy in Bengaluru)