BUZZ-U.S. Stocks on the Move-Talisman Energy, Sophiris, Oracle, American Realty
(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 dipped on Monday as initial gains vanished, as did a brief rebound in crude oil prices.
The Dow Jones industrial average was down 0.19 percent at 17,248.4, the S&P 500 was down 0.17 percent at 1,998.96 and the Nasdaq Composite was down 0.41 percent at 4,634.376.
** SOPHIRIS BIO INC, $0.59, -79.08 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, $0.8491, -39.35 pct
The intellectual property and technology licensing company said the claim construction order in their pending case against Google Inc is "disappointingly negative and will materially impact our case". Unwired Planet's unit filed the suit against Google and Apple Inc for ten patents related to mobile technology and cloud computing in September 2012.