BUZZ-U.S. Stocks on the Move-SkyPeople, Movado, Puma Biotech, Geron, Bitauto
(T(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks opened flat on Friday, with the S&P on track for a fourth straight weekly advance, after data on retail sales and ahead of a report on consumer sentiment. The Dow Jones industrial average was down 0.09 percent at 17,636.73, the S&P 500 was down 0.03 percent at 2,038.73 and the Nasdaq Composite was down 0.16 percent at 4,672.722.
** SKYPEOPLE FRUIT JUICE INC, $1.39, +43.30 pct
The fruit juice maker reported a 79 percent jump in third-quarter revenue and a 45 percent jump in profit as more people switched to buying fruit juices from carbonated beverages.
Up to Thursday's close, stock had fallen 45 percent this year.
** GERON CORP, $3.105, +34.42 pct
** JOHNSON & JOHNSON, $108.64, -0.39 pct
Geron licensed its cancer compound, the last in its pipeline, to a unit of J&J for up to $935 million, in a welcome break to the company whose stock price has dropped from a high of $71.69 in 2000 to $2.31 on Thursday. Continued...