BUZZ-U.S. Stocks on the Move-Athlon, Tonix, Einstein Noah, Endologix

Mon Sep 29, 2014 2:42pm EDT
 
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(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 were moderately lower at midday on Monday as Hong Kong protests added to worries about growth in China. The Dow Jones industrial average was down 0.53 percent at 17,023.03 and the S&P 500 was down 0.50 percent at 1,972.98.

** AMBIT BIOSCIENCES CORP, $15.23, +85.73 pct

Japanese drugmaker Daiichi Sankyo Co Ltd has agreed to acquire U.S. biopharmaceutical company Ambit in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said.

** TONIX PHARMACEUTICALS HOLDING CORP, $6.9201, -50.43 pct

The company said its lead drug for pain management failed the main goal of a mid-stage study.

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