BUZZ-U.S. STOCKS ON THE MOVE-Biodel, Nephrogenex, Bind Therapeutics

Thu Jan 8, 2015 7:46am EST
 
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(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)

Dow Jones industrial average futures were up 0.97 percent at 17,676, S&P 500 futures were up 0.93 percent at 2,038.25 and Nasdaq 100 futures were up 0.99 percent at 4,192.5.

** FAMILY DOLLAR STORES INC, Wednesday close $78.86

The discount retailer, the target of two rival U.S. dollar store chains, reported a 47 percent drop in quarterly profit as margins fell due to higher discounting.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Wednesday close $145.12

Canada's Valeant will provide its forecast for 2015, following its failed attempt to take over Botox maker Allergan Inc late last year. Of particular interest will be whether Valeant eases up its efforts to become a Top 5 pharma company by the end of 2016, a target that requires it to roughly triple its $46 billion market cap.

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