BUZZ-U.S. Stocks on the Move-Magnum Hunter, Omnova, Liposcience, Yahoo
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)
U.S. stocks opened modestly lower on Thursday after the S&P 500 notched its biggest gain in a month and following data on the labor market and durable goods.
The Dow Jones industrial average was down 0.57 percent at 17,112.41 at 950 ET, the S&P 500 was down 0.67 percent at 1,985.01 and the Nasdaq Composite was down 0.83 percent at 4,517.242.
** LIPOSCIENCE INC, $5.19, +62.70 pct
** LABCORP, $102.85, -0.99 pct
Diagnostic test maker LabCorp said it would to buy the medical device maker for $85.3 million, or $5.25 a share, in cash.
** OMNOVA SOLUTIONS INC, $5.931, -15.39 pct
The chemical maker's third-quarter adjusted net income from continuing operations fell 36.7 percent to $2.2 million. Net sales fell 3.5 pct to $252.1 million, mainly as its coated publication paper business struggles with lower-priced contracts struck earlier in the year. Continued...