BUZZ-U.S. Stocks on the Move-Sophiris, Unwired Planet, Twitter, Sorrento, Opko

Mon Dec 15, 2014 9:54am 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 rose at the open on Monday, following the worst week for the benchmark S&P 500 index in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/2-year low.

The Dow Jones industrial average was up 0.52 percent at 17,370.45, the S&P 500 was up 0.71 percent at 2,016.52 and the Nasdaq Composite was up 0.68 percent at 4,685.421.

** SOPHIRIS BIO INC, $0.7401, -73.76 pct

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, $0.96, -31.43 pct

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".

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