BUZZ-U.S. Stocks on the Move-BlackBerry, AcelRx, Repros, Diamond Foods, Nike

Fri Sep 26, 2014 8:35am EDT
 
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U.S. stock index futures were inching higher on Friday after major indexes suffered their biggest drop since July, ahead of data on economic growth and consumer optimism.

Dow Jones industrial average futures were up 0.25 percent at 16,942, S&P 500 futures were up 0.19 percent at 1,965.25 and Nasdaq 100 futures were up 0.24 percent at 4,017.

** BLACKBERRY LTD, Thursday close $9.8, +1.73 pct premarket

The Canadian smartphone maker said its second-quarter loss narrowed to $207 million from $965 million a year earlier in early sign turnaround efforts may be working. Still, revenue fell nearly 42 percent to $916 million, missing the average analyst estimate of $949.63 million.

** ACELRX PHARMACEUTICALS INC, Thursday close $6.72, -17.71 pct premarket

The U.S. FDA said it would take another six months to review a marketing application on the drugmaker's recently rejected pain management device.   Continued...