BUZZ-U.S. STOCKS ON THE MOVE-Frontline, Michael Kors, Minerva

Tue Jan 6, 2015 10:47am EST
 
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(Adds Cleveland Biolabs, Combimatrix, Frontline; Updates Crescent Point, Michael Kors) (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 were little changed on Tuesday a day after Wall Street suffered its biggest drop since early October and as data showed the pace of momentum in the U.S. economy had slowed. The Dow Jones industrial average was up 0.06 percent at 17,512.12, the S&P 500 was up 0.08 percent at 2,022.21 and the Nasdaq Composite was down 0.2 percent at 4,643.32.

** CRESCENT POINT ENERGY CORP, $21.41, +1.09 pct

The Canadian oil producer said it would cut its capital spending by 28 percent in 2015, becoming the latest Canadian oil and gas producer to trim its spending plans in the face of a sustained fall in global oil prices.

** CLEVELAND BIOLABS INC, $0.3197, +5.51 pct

The drug developer said interim analysis of early-stage oral administration trial shows its cancer drug, code named Curaxin CBL0137, was well-tolerated at various dose levels.

  Continued...