BUZZ-U.S. Stocks on the Move-Sophiris, Unwired Planet, Opko Health, Riverbed, Exco
(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 were set to rise at the open on Monday, following the worst week for the S&P 500 in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/2-year low.
Dow Jones industrial average futures were up 0.65 percent at 17,368, S&P 500 futures were up 0.80 percent at 2,013.25 and Nasdaq 100 futures were up 0.84 percent at 4,224.5.
** SOPHIRIS BIO INC, Friday close $2.82, -67.66 pct premarket
The drug developer said interim data showed that its only pipeline compound did not meet a predetermined threshold for efficacy in treating lower urinary tract symptoms of enlarged prostate.
** UNWIRED PLANET INC, Friday close $1.4, -21.43 pct premarket
The intellectual property and technology licensing company said the claim construction order in their pending case against Google Inc "are disappointingly negative and will materially impact our case".