BUZZ-U.S. Stocks on the Move-Aldeyra, eFuture, Digital Ally
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U.S. stocks held near the unchanged mark on Tuesday as investors digested the latest batch of solid economic reports on the heels of the strongest monthly performance for the S&P since February. The Dow Jones industrial average was down 0.31 percent at 17,045.23, the S&P 500 was down 0.25 percent at 1,998.44 and the Nasdaq Composite was up 0.27 percent at 4,592.73 points.
** IDREAMSKY TECHNOLOGY LTD, $21.93, +6.51 pct
Stifel Nicolaus starts covering the Chinese mobile games distributor's stock with "buy" rating and $27 price target, while Piper Jaffray & Co starts with "overweight" rating, $30 price target. Stifel analysts George Askew and Zim Yin said they believe iDreamSky is well placed to benefit from China's emerging mobile games industry, projected to grow at compound annual rate of 46 percent.
** ELDORADO GOLD CORP, $7.87, -4.95 pct
** GOLDCORP INC, $26.66, -5.02 pct Continued...