BUZZ-U.S. STOCKS ON THE MOVE-Arrowhead Research, Neuroderm, Jinpan International
(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 fell on Tuesday, with major indexes pulling back from record levels as the recent trend of modest moves and low volume continued in the next-to-last trading day of the year. The Dow Jones industrial average was down 0.27 percent at 17,989.07, the S&P 500 was down 0.36 percent at 2,083.1 and the Nasdaq Composite was down 0.50 percent at 4,783.095.
** CIVEO CORP, $4.03, -51.27 pct
The company, which provides temporary housing for oilfield workers and miners, slashed its workforce on Monday and said revenue could fall by a third as slumping crude prices force oil producers to cut costs.
** JINPAN INTERNATIONAL LTD, $6.37, -13.33 pct
The company's Chief Executive Zhiyuan Li and investor FNOF E&M Investment Ltd withdrew their proposal to take Jinpan private.
** IAMGOLD CORP, $2.63, +10.04 pct Continued...