BUZZ-U.S. Stocks on the Move-Carbonite, Magellan Petroleum, Histogenics

Wed Dec 3, 2014 11:42am EST
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter,

U.S. stocks rose slightly on Wednesday, led by commodity-related shares, as data continued to show a strengthening U.S. economy and ahead of a meeting of the European Central Bank. The Dow Jones industrial average was up 0.03 percent at 17,884.2, the S&P 500 was up 0.17 percent at 2,070.1 and the Nasdaq Composite was up 0.20 percent at 4,765.30.

** PUMA BIOTECHNOLOGY INC, $193.1, -14.18 pct

The company said marketing application for its breast cancer drug will be delayed to Q1 2016 from H12015, after FDA asked for data on risk of patients developing secondary cancer.


The company received a contract worth $3.3 mln from Egypt for military bulk encryption products and expects to deliver equipment, used to protect missile firing commands and military telephone networks, in first nine months of FY15.

** J.C. PENNEY CO INC, $7.06, -4.47 pct   Continued...