8 Min Read
(Adds gold and silver stocks, Crescent Point, Tonix Pharmaceuticals) (For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s)
U.S. stock index futures pared gains to trade flat on Tuesday following the largest losses on Wall Street since early October and ahead of a large data batch that will show the momentum of the U.S. economy at the end of last year. Dow Jones industrial average futures were up 0.03 percent at 17,455, S&P 500 futures were up 0.06 percent at 2,017.25 and Nasdaq 100 futures were up 0.07 percent at 4,164.5.
** ROYAL GOLD INC, Monday close $65.85, +0.23 pct premarket
** HARMONY GOLD MINING CO LTD, Monday close $2.11, +5.21 pct premarket
** ANGLOGOLD ASHANTI LTD, Monday close $9.17, +2.18 pct premarket
** NEWMONT MINING CORP, Monday close $19.46, +0.67 pct premarket
** SIBANYE GOLD LTD, Monday close $7.76, +2.84 pct premarket
Gold prices hit three-week highs on sliding oil prices and concerns over Greece's exit from the euro zone.
** CRESCENT POINT ENERGY CORP, Monday close $21.18
The Canadian oil producer said it would cut its capital spending by 28 percent in 2015 as oil prices continued to tumble. The company would spend C$1.45 billion ($1.23 billion) in 2015, mostly on drilling projects.
** TONIX PHARMACEUTICALS HOLDING CORP, Monday close $5.85, +21.37 pct premarket
The drug developer said U.S. FDA accepted 30 percent reduction in pain as the main goal of a late-stage study of drug to treat fibromyalgia. Tonix's lead drug, TNX-102 SL, reduced pain by at least 30 percent in a mid-stage study on Sept. 29.
** MINERVA NEUROSCIENCES INC, Monday close $6, +56.67 pct premarket
An analog of the drug developer's experimental compound showed improvements in treating symptoms of Parkinson's disease in primates. The company used an analog of MIN-301, its investigational neuregulin-1 compound.
"This data provides further support for advancing MIN-301 into clinical trials for the treatment of Parkinson's disease in humans," Chief Executive Remy Luthringer said.
** VERIZON COMMUNICATIONS INC, Monday close $46.57, +0.41 pct premarket
** AOL INC, Monday close $44.74, +4.60 pct premarket
The telecom company approached AOL about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported citing people with knowledge of the matter.
** COACH INC, Monday close $36.73, +1.14 pct premarket
** MICHAEL KORS HOLDINGS LTD, Monday close $73, -3.05 pct premarket
** KATE SPADE & CO, Monday close $30.92, -0.36 pct premarket
The accessories retailer will buy women's luxury footwear company Stuart Weitzman Holdings LLC, as it looks to expand its high-end offerings to better compete with rivals such as Michael Kors Holdings Ltd and Kate Spade & Co.
** CYTRX CORP, Monday close $2.85, +26.32 pct premarket
The biotechnology company said interim data showed its experimental cancer drug was effective in a mid-stage study to treat patients with a deadly form of brain cancer.
** XOOM CORP, Monday close $16.89, -4.97 pct premarket
The money transfer company said $30.8 million was fraudulently transferred to overseas accounts.
** SONY CORP, Monday close $20.26, +1.23 pct premarket
Chief Executive Officer Kazuo Hirai on Monday praised employees and partners of the company's Hollywood movie studio for standing up to "extortionist efforts" of hackers who attacked Sony Pictures Entertainment.
** CVS HEALTH CORP, Monday close $94.16
** GILEAD SCIENCES INC, Monday close $96.785, +1.48 pct premarket
** ABBVIE INC, Monday close $64.65
CVS Health, one of the largest U.S. managers of drug benefits, said it would give preferred status to the hepatitis C treatments from Gilead Sciences and cover a new competing treatment from AbbVie only as an exception.
** AMERICAN AIRLINES GROUP INC, Monday close $53.875, +0.68 pct premarket
** HAWAIIAN HOLDINGS INC, Monday close $25.09, +0.72 pct premarket
** DELTA AIR LINES INC, Monday close $48.36
American Airlines and Hawaiian Airlines formally launched bids Monday to wrest control of a key slot in Tokyo's Haneda Airport from Delta as part of a fight among the carriers to stake out a greater presence in Asia.
** FACEBOOK INC, Monday close $77.19, +0.31 pct premarket
The social networking website bought a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones.
** ASTRAZENECA PLC, Monday close $69.86, -1.09 pct premarket
Drugmaker AstraZeneca has appointed a new leader for its all-important immuno-oncology drug development operation after the departure of the previous head for personal reasons, the British-based drugmaker said on Monday.
** TOYOTA MOTOR CORP, Monday close $123.37, -0.16 pct premarket
The Japanese carmaker expects its pace of growth in China to almost halve in 2015 after failing to meet last year's target and as dealers demand compensation to atone for lackluster sales.
** JOHNSON & JOHNSON, Monday close $103.79, +0.20 pct premarket
The drugmaker has started clinical trials of its experimental Ebola vaccine, which uses a booster from Denmark's Bavarian Nordic A/S, making it the third such shot to enter human testing.
** TWITTER INC, Monday close $36.38, -0.30 pct premarket
The microblogging site said it has fully resolved an issue with a delay in tweets appearing on users' timelines from 1651 PST to 1830 PST on Monday (from 0051 GMT to 0230 GMT Tuesday).
Users of Twitter, whose main service allows broadcast of 140-character messages, were facing a delay of 25 minutes to 45 minutes.
** CEMPRA INC, Monday close $24.55, +0.08 pct premarket
The antibiotic developer said it intends to sell common stock worth $100 million in public offering. Cempra scheduled to price offering on Wednesday, bookrunning manager told IFR. The company has market value of about $880 million.
** QUALCOMM INC, Monday close $73.93, +0.23 pct premarket
The wireless chipmaker on Monday unveiled easy-to-use blueprints to help manufacturers make LED light bulbs that use the chipmaker's wi-fi technology to connect to the Internet.
** CERUS CORP, Monday close $6.57, -7.9 pct after market
The biomedical product maker plans public offering of common stock, but gives no details on the size. Issue to be priced after markets close Tuesday, IFR confirms with bookrunning manager.
** CYBERONICS INC, Monday close $57.79, -8 pct after market
Centers for Medicare & Medicaid Services (CMS) will not cover the medical technology company's implanted device for treatment-resistant depression. CMS will allow coverage of maintenance services for patients who began using device before 2007.
** GENERAL MOTORS CO, Monday close $34.33
The car maker and its Chinese joint ventures sold a record 3,539,970 vehicles in China in 2014, up 12 percent from the previous year.
** DISH NETWORK CORP, Monday close $70.44
The No. 2 U.S. satellite TV on Monday took the wraps off its long-anticipated video streaming service, named Sling TV, targeted at younger consumers who shun pricey cable and satellite subscriptions.
** CONCHO RESOURCES INC, Monday close $96.11
The U.S. oil and gas company that drills in the Permian Basin on Monday said its capital spending will total $2 billion this year, down 33 percent from a forecast made in November when crude oil prices were much higher. (Compiled by Lehar Maan)