BUZZ-U.S. STOCKS ON THE MOVE-Olin, Carnival, OHR Pharmaceutical

Fri Mar 27, 2015 10:01am EDT
 
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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) U.S. stocks opened flat on Friday, with indexes set for a sharp weekly decline, as investors awaited a speech by Federal Reserve Chair Janet Yellen. The Dow Jones industrial average was up 0.07 percent at 17,690.71 and the S&P 500 was up 0.13 percent at 2,058.89.

** OHR PHARMACEUTICAL INC, $3.13, -64.15 pct

The company said its experimental eye drug failed the main goal in a mid-stage study as a combination therapy, wiping out nearly two-thirds of the company's market value on Friday.

** CARNIVAL CORP, $46.68, +5.09 pct

The world's largest cruise operator by revenue swung to a quarterly profit, helped by lower costs.

** DOW CHEMICAL CO, $47.95, +3.25 pct

** OLIN CORP, $32.97, +21.26 pct   Continued...