BUZZ-U.S. STOCKS ON THE MOVE-First Marblehead, Bellicum, OvaScience
(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 on Thursday, with each of the major indexes climbing more than 1 percent, building on the prior session's rally after the U.S. Federal Reserve's policy statement and oil prices that showed signs of steadying. The Dow Jones industrial average rose 0.75 percent, the S&P 500 were up 0.8 percent and the Nasdaq Composite were up 1.36 percent.
** FIRST MARBLEHEAD CORP, $5.01, +138.57 pct
The education loan provider said the Internal Revenue Service (IRS) has informed the company that it would not challenge federal tax refunds the company received. IRS proposed in September 2013 to disallow a loss that resulted in the tax refunds of $176.6 million and $45.1 million.
** BELLICUM PHARMACEUTICALS INC, $27.16, +42.95 pct
The biopharmaceutical company's shares rose as much as 40 percent on its debut on Thursday. The company offerd 7.35 million shares at $19, above $15-$17 marketed range.
** OVASCIENCE INC, $47.35, +35.44 pct Continued...