BUZZ-U.S. Stocks on the Move-Sophiris, Unwired Planet, Opko Health, Riverbed, Exco

Mon Dec 15, 2014 9:18am 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, 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".

  Continued...