BUZZ-U.S. Stocks on the Move-Esperion, Twitter, Tesla, Ariad

Thu Oct 2, 2014 8:30am 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. stock index futures were little changed on Thursday, following a sharp drop in the previous session as investors looked to upcoming economic data for trading incentives. Dow Jones industrial average futures were up 0.04 percent at 16,747, S&P 500 futures were up 0.14 percent at 1,943.5 and Nasdaq 100 futures were up 0.15 percent at 3,988.5.

** ESPERION THERAPEUTICS INC, Wednesday close $24.42, +32.68 pct premarket

The drugmaker said an experimental cholesterol-fighting drug being developed by the company lowered LDL levels significantly more than Merck & Co Inc's Zetia in a midstage clinical trial.

** REALD INC, Wednesday close $9.27, +23.73 pct premarket

Activist investor Starboard Value LP proposed to take the 3D technology licensor private for $12 per share. The offer represents a premium of 29 percent to RealD stock's Wednesday close of $9.27, valuing the company at about $540 million.

** TESLA MOTORS INC, Wednesday close $240.24, +4.27 pct premarket

The electric car maker's chief executive, Elon Musk, sent out a cryptic tweet on Wednesday, saying it is "about time to unveil the D and something else", with an accompanying photo which mentioned a date, Oct. 9.   Continued...