BUZZ-U.S. STOCKS ON THE MOVE-Oil stocks, Bitauto, Caesars Entertainment
(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. stock indexes fell on Monday, extending a two-week decline for equities, as weakness in oil prices weighed on the energy sector ahead of the start of corporate earnings season. The Dow Jones industrial average was down 0.44 percent at 17,658.9, the S&P 500 was down 0.67 percent at 2,031.11 and the Nasdaq Composite was down 0.70 percent at 4,670.989.
** FOUNDATION MEDICINE INC, $48.79, +103.89 pct
Swiss drugmaker Roche Holding AG will acquire a majority stake in molecular and genomic analysis firm Foundation Medicine for up to $1.18 billion, it said on Monday, in a move to bolster its personalized cancer treatments.
** ARROWHEAD RESEARCH CORP, $6.91, -23.73 pct
The drug developer said the U.S. Food and Drug Administration asked it to reduce the dosage of its experimental Hepatitis B treatment and requested additional data from the drug's mid-stage trial.
** AMERISOURCEBERGEN CORP, $92.18, -0.88 pct Continued...