BUZZ-U.S. STOCKS ON THE MOVE-Nevro, Vince, Meritor, Digital Turbine
(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 Thursday as energy shares slumped, with the broad S&P 500 handing back some gains from the prior session sparked by a policy statement from the Federal Reserve that was more dovish than expected. The Dow Jones industrial average was down 0.62 percent at 17,963.6 and the S&P 500 was down 0.48 percent at 2,089.44.
** CORONADO BIOSCIENCES INC, $4.36, +35.40 pct
The drug developer partnered with cancer research hospital City of Hope in Duarte, California to develop and market its chimeric antigen receptor technology, a cell therapy intended to fight cancer. The company formed Mustang Therapeutics Inc as part of the $40 million deal.
** VINCE HOLDING CORP,, $17.97, -15.99 pct
The high-end apparel maker forecast 2015 profit and sales below analysts' estimates, hurt by higher spending. Vince also reported lower-than-expected fourth quarter sales, mainly due to weak demand in the wholesale business, its biggest business by revenue.
** FACEBOOK INC, $82.7801, +2.31 pct Continued...