MARKET PULSE-Hyperdynamics, BroadSoft, Realogy, Trex, Cadiz, Mattson

Mon May 5, 2014 12:34pm EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stocks were little changed on Monday as upbeat economic data was offset by concerns over an escalation of tensions between Ukraine and pro-Russia separatists. The Dow Jones industrial average was up 0.77 point at 16,513.66, the S&P 500 up 1.34 points at 1,882.48 and the Nasdaq Composite up 4.337 points at 4,128.235.

** HYPERDYNAMICS CORP, $2.77, +85.91 pct

The oil and gas company said its project partner Tullow Oil had lifted the force majeure declared on its offshore exploration block in Guinea.

Hyperdynamics said it was trying to satisfy the conditions necessary to resume production, including a clarification that a U.S. regulatory investigation of the company would not hurt Tullow's operations under the production sharing contract.

** CADIZ INC, $7.8059, +26.31 pct

The Orange County superior court on Friday upheld the validity of the environmental approvals for a water conservation, recovery and storage project by the land and water resources developer. The trial court denied all six petitions challenging the project's environmental review.