BUZZ-U.S. STOCKS ON THE MOVE-Rada Electronic, Molycorp, Capnia
(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 edged higher on Monday following strong gains in major indexes the previous week, as investors assessed gyrations in the dollar and crude prices and their impact on equities. The Dow Jones industrial average was up 0.40 percent at 18,199.92 and the S&P 500 was up 0.23 percent at 2,113.01.
** RADA ELECTRONIC INDUSTRIES INC, $2.9, +71.60 pct
The Israel-based defense electronics contractor's radar selected by Lockheed Martin Corp's space systems unit to support high-energy laser weapon system prototype testing.
The stock, the top percentage gainer on the Nasdaq, on track to post best day in six months.
** MEI PHARMA INC, $2.16, -65.71 pct
The drug developer lost more than two-thirds of its market value on Monday after the company's cancer drug failed to meet the main goal in a mid-stage study.
** IMMUNOGEN INC, $8.72, +17.20 pct Continued...