November 5, 2012 / 6:09 PM / in 5 years

MARKET PULSE-Apple, Nam Tai, BioMarin, Ebix, iCAD, Fuelcell, Radian

Nov 5 (Reuters) - Some U.S. stocks on the move on Monday:

(For more market insights, including options activity, click on STXNEWS/US; for the day ahead newsletter, link.reuters.com/mex49s)

WALL ST FLAT TO LOWER BEFORE U.S. VOTE

U.S. stocks were flat to slightly lower in thin trading on Monday a day before the presidential election as traders were reluctant to place bets until the winner of the very close race is known. The Dow Jones industrial average was down 0.12 percent, the S&P 500 down 0.12 percent and the Nasdaq Composite was up 0.16 percent.

** APPLE INC, $579.00, up 0.3 pct (1255 ET)

The world’s largest publicly traded company sold 3 million of its new iPads in the first three days the tablet computers were available, driving optimism for a strong holiday quarter despite intensifying competition.

** iCAD Inc, $3.12, up 45 percent (1223 ET)

The company said it received an improved payment policy for a radiation therapy from U.S. Centers for Medicare & Medicaid Services. The payment value for the therapy in the final rule is more than twice the previous amount.

** NAM TAI ELECTRONICS INC $14.50, up 36 pct (1219 ET)

The electronic components maker reported higher third-quarter results, helped by a ramp-up in production of its LCD modules used in tablets and smartphones.

** BIOMARIN PHARMACEUTICAL INC, $49.11, up 31 pct (1221 ET)

The company said a late-stage trial of its experimental genetic disorder drug met the main goal of improving patients’ walking ability when administered weekly.

** STRATEGIC HOTELS & RESORTS INC, $6.40, up 15 pct (1055 ET)

The Luxury hotel owner’s founder and CEO Laurence Geller stepped down on Friday, but brokerage JMP Securities raised its rating on the stock to “market outperform” citing a declining valuation and an EBITDA multiple that is in line with peers.

** FUELCELL ENERGY INC, $1.05, up 15 pct (1000 ET)

The U.S.-based company said it won a $181 million contract to supply 121.8 megawatt of fuel cell kits and services to partner POSCO Energy, an affiliate of South Korean steel producer POSCO.

** TURQUOISE HILL RESOURCES LTD , $9.08, up 11 pct (1222 ET)

The miner said it had signed a power supply agreement with China’s state-owned Inner Mongolia Power Corp, putting it on track to begin commercial production in the first half of next year.

** BRUKER CORP, $13.97, up 10 pct (1223 ET)

The maker of tools used in life sciences research raised its full-year outlook on better-than-expected quarterly results.

** MISSION WEST PROPERTIES INC, $8.90, up 7.7 pct (1140 ET)

Stifel Nicolaus raised the real estate investment trust to “buy” from “hold” after the company said it will sell all of its real estate assets for an enterprise value of about $1.3 billion.

** AMICUS THERAPEUTICS, $5.33, up 6.6 pct (0959 ET)

Amicus presented updated data from a mid-stage trial of its experimental Fabry disease treatment that showed that patients treated with the drug for an extended period of time showed less indicators of the disease in the kidney.

** KBW INC, $17.54, up 7.3 pct (1225 ET)

** STIFEL FINANCIAL CORP, $32.56, up 2 pct (1225 ET)

Stifel said it would buy smaller rival KBW in a cash-and-stock deal valued at about $575 million, creating a middle-market investment bank focused on the financial services industry.

** TESLA MOTORS INC, $30.70, up 6 pct (1229 ET)

The electric carmaker reported a bigger quarterly loss as it ramped up production of its Model S sedan, and maintained its 2012 revenue outlook. Revenue came to $50 million, up 16 percent from a year earlier and up 88 percent from the previous quarter. Analysts had expected $48.3 million.

** TRANSOCEAN LTD, $48.37, up 5 pct (0954 ET)

The world’s largest offshore rig contractor reported a higher-than-expected adjusted profit for the third quarter as it made more efficient use of its fleet.

** E*Trade Financial Corp $8.79 up 4.6 pct

The online financial services company said on Friday that it has initiated a review of its order handling practices after one of its directors questioned the efficiency of its services. [ID: nL3E8M28CC]

** DOVER CORP, $60.79, up 4 pct (1036 ET)

The U.S. industrial conglomerate said it will buy back $1 billion of its shares and shed non-core businesses.

** GENESEE & WYOMING INC,, $74.26, up 4 pct (0959 ET)

The railroad operator reported better-than-expected quarterly earnings for the fourth straight quarter as an increase in freight rates offset a decline in commodity volumes.

** EBIX INC, $16.38, down 27 pct (1055 ET)

The company, which supplies software and e-commerce services to the insurance industry, was being probed by the U.S. Securities and Exchange Commission, Bloomberg reported, but the company said it was unaware of any investigation.

** RADIAN GROUP, $4.59, down 15 pct (1225 ET)

Barron's said on Saturday that the mortgage insurer's balance sheet may be weaker than it appears and the company seems to face a substantial liquidity problem. r.reuters.com/xys73t

** PHARMACYCLICS INC, $49.25, down 14 pct (1222 ET)

The company stopped testing one dose of its experimental cancer product to treat multiple myeloma patients after early results showed that the drug was not as effective as expected in the 420 mg dose. The drug will continue to be tested in higher doses in myeloma patients and in another kind of blood cancer.

** CORINTHIAN COLLEGES INC, $2.49, down 9 pct (1032 ET)

The company said the U.S. Department of Education gave it a financial responsibility score that falls below the minimum requirement needed to allow its students easy access to federal student loans.

** VELTI PLC, $6.69, down 8 pct (1109 ET)

Janney Capital Markets downgraded the mobile marketing company’s stock to neutral on continued weakness in Europe. Janney also cut its fair value estimate to $10 from $14 on the stock.

** ENDO HEALTH SOLUTIONS INC, $27.13, down 7 pct (1226 ET)

The company reported a quarterly revenue below market estimates on lower sales of its prescription pain drug Opana ER, and the company cut its outlook for the year for the second time in two months.

** LIBERTY GLOBAL INC, $56.52, down 6 pct (1212 ET)

The U.S.-based cable group posted a surprise third-quarter loss as it lost 3,000 units in the Netherlands to competition and the impact of a price increase on its triple-play service, which include television, internet, and telephony.

** TIME WARNER CABLE INC, $92.51, down 5.7 pct (0956 ET)

The second largest U.S. cable operator reported a quarterly profit that missed estimates as the company lost more video subscribers than expected.

** McGRAW-HILL, $51.45, down 5 percent (1044 ET)

Australia’s federal court issued a landmark judgment that the company’s bond rating unit, Standard & Poor‘s, misled investors by giving its highest rating to derivatives that lost almost all their value in the run-up to the 2008 global economic crisis.

** BERKSHIRE HATHAWAY INC, $85.47, down 1.6 pct (0955 ET)

The conglomerate run by billionaire Warren Buffett said on Friday its third-quarter profit rose as strength in the railroad and utility businesses as well as investment gains offset weaker results in the insurance units. (Compiled by Avik Das in Bangalore)

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