BUZZ-U.S. Stocks on the Move-Esperion, Ariad, Heat Biologics
(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 pointed to a slightly lower open on Thursday as a positive read on the labor market was not enough to entice buyers even after a sharp decline in the previous session. Dow Jones industrial average futures were down 0.24 percent at 16,699, S&P 500 futures were down 0.18 percent at 1,937.25 and Nasdaq 100 futures were down 0.11 percent at 3,978.25.
** ESPERION THERAPEUTICS INC, Wednesday close $24.42, +26.95 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, +24.49 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, +4.86 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...