MARKET PULSE-Signet, Oculus Innovative, Arrowhead, Spirit Airlines
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks were slightly lower on Wednesday after the release of the minutes from the Federal Reserve's latest policy meeting. The Dow Jones industrial average was down 0.03 percent at 16,126.34, the S&P 500 was down 0.14 percent at 1,838.26 and the Nasdaq Composite was down 0.39 percent at 4256.22.
** SIGNET JEWELERS LTD, $92.6, +16.82 pct
** ZALE CORP, $20.89, +40.11 pct
Signet Jewelers is buying smaller rival Zale for about $690 million, an acquisition it said would strengthen its place in the U.S. jewelry sector and let it tap new markets.
** CHELSEA THERAPEUTICS INTERNATIONAL LTD, $6.35, +28.28 pct
The company's drug Northera, which treats a rare form of low blood pressure associated with neurological disorders such as Parkinson's disease, has won U.S. approval, the Food and Drug Administration said on Tuesday.