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

Thu Oct 2, 2014 9:50am 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 opened little changed 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. The Dow Jones industrial average was down 0.08 percent at 16,791.44 and the S&P 500 was up 0.03 percent at 1,946.8.

** ESPERION THERAPEUTICS INC, $28.17, +15.36 pct

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, $11.6, +25.13 pct

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, $248.41, +3.40 pct

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...