September 29, 2014 / 1:18 PM / in 3 years

BUZZ-U.S. Stocks on the Move-DreamWorks, Athlon, Tonix, Apple

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U.S. stock index futures were lower on Monday, indicating Wall Street's recent weakness would continue amid ongoing civil unrest in Hong Kong. Dow Jones industrial average futures were down 0.59 percent at 16,930, S&P 500 futures were down 0.63 percent at 1,963.5 and Nasdaq 100 futures were down 0.64 percent at 4,019.75.

** ATHLON ENERGY INC, Friday close $46.73, +24.61 pct premarket

** ENCANA CORP, Friday close $21.13

Encana, Canada's largest natural gas producer, said it would buy Athlon Energy for $5.93 billion in cash, excluding debt, as it accelerates its plan to focus on more-lucrative oil and natural-gas liquids (NGLs).

** TONIX PHARMACEUTICALS HOLDING CORP, Friday close $13.96, -53.44 pct premarket

The company said its lead pain drug had failed the main goal of a mid-stage study testing if it reduced pain experienced by patients by the 12th week of the trial.

** DREAMWORKS ANIMATION SKG INC, Friday close $22.36, +27.24 pct premarket

Japan's SoftBank Corp is in talks to acquire DreamWorks, the Hollywood studio behind the "Shrek" and "Madagascar" movie hits, a person with knowledge of the situation said.

** ALIMERA SCIENCES INC, Friday close $4.925, +16.75 pct premarket

** PSIVIDA CORP, Friday close $4.29, +9.79 pct premarket

U.S. Food and Drug Administration approves the companies' vision-loss treatment Iluvien after three rejections. PSivida said the approval entitles it to get milestone payment of $25 million.

** APPLE INC, Friday close $100.75, -1.14 pct premarket

The European Commission will publish on Tuesday its reasons for opening an in-depth inquiry into the Irish government's tax treatment of Apple, a Commission spokesman said.

** FACEBOOK INC, Friday close $78.79, -0.69 pct premarket

Instagram, the popular photo-sharing service owned by Facebook, has been blocked in China, according to numerous reports, including from Hong Kong-based reporters with the New York Times.

** YAHOO INC, Friday close $40.66, +0.84 pct premarket

** AOL INC, Friday close $44.55, +0.79 pct premarket

Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo and urged the internet company to explore a merger with AOL.

** DIGITAL ALLY INC, Friday close $17.63, -1.82 pct premarket

The wearable camera maker has received an order from the U.S. military for its complete video evidence gathering system. The company said the initial order is valued at $200,000.

** CYTRX CORP, Friday close $2.78, +7.55 pct premarket

The drug developer said the U.S. Food and Drug Administration granted orphan drug status to its lead experimental drug to treat small cell lung cancer, ovarian cancer and brain cancer. The drug, Aldoxorubicin, is currently in late-stage trials under a Special Protocol Assessment with the FDA as a second-line treatment to evaluate safety and effectiveness in patients with cancerous tumors.

** CROSS COUNTRY HEALTHCARE INC, Friday close $9.02

UBS raised its rating on the provider of healthcare recruiting and staffing services to "buy" from "neutral", according to Theflyonthewall.com.

** PIONEER NATURAL RESOURCES CO, Friday close $196.6

The U.S. shale resources producer plans to double its U.S. exports of condensate, an ultra-light oil, to 50,000 barrels per day (bpd) next year, its chief executive said on Monday.

** LOCKHEED MARTIN CORP, Friday close $181.58

The defense supplier said it will buy a European-built military communications satellite for South Korea as part of a $7 billion deal to supply Seoul with 40 F-35 fighter jets, in what industry observers call among the most unusual "offset" agreements ever to accompany a major arms sale.

** ALIBABA GROUP HOLDING LTD, Friday close $90.46, -0.20 pct premarket

The Chinese e-commerce giant's finance arm has been given government approval to set up a private bank, China's banking regulator said on Monday, the latest step in the e-commerce company's push into the financial services sector.

** PUMA BIOTECHNOLOGY INC, Friday close $246.07, +0.58 pct premarket

The biopharmaceutical company said its experimental lung cancer drug was safe to be administered with an already approved treatment for the disease in a mid-stage study.

** MERCK & CO, Friday close $59.39

The company's new immune system drug, Keytruda, has produced encouraging results in early tests against bladder cancer, according to a company-sponsored study, prompting the firm to prepare a clinical trial later this year.

** EXXONMOBIL CORP, Friday close $95.43, -0.19 pct premarket

The U.S. oil company is suspending cooperation with Russia's state-owned company Rosneft on offshore drilling in the Arctic due to sanctions, the daily Kommersant reported on Monday, citing unnamed sources.

** PFIZER INC, Friday close $29.72, -0.54 pct premarket

The drug maker's Xalkori, which treats lung cancer patients with a specific gene mutation, proved effective in shrinking tumors in those with an even rarer form of the disease, according to data presented at a medical meeting on Saturday. (Compiled by Anannya Pramanick; Edited by Maju Samuel)

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