BUZZ-U.S. STOCKS ON THE MOVE-Sorrento, Shake Shack, El Pollo Loco

Fri May 15, 2015 10:43am 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,; for the Morning News Call newsletter,

U.S. stock indexes were little changed on Friday as U.S. industrial production fell for a fifth straight month in April, pointing to a lack of momentum in the economy. The Dow Jones industrial average was down 0.04 percent at 18,245.43, the S&P 500 was down 0.03 percent at 2,120.51 and the Nasdaq Composite was down 0.07 percent at 5,047.479.


The creator of "Candy Crush Saga" said it expected changes in foreign currency and a lack of new releases to hurt its gross bookings for the current quarter.

** SORRENTO THERAPEUTICS INC, $13.3, +15.65 pct

The drug developer said privately held NantWorks LLC had agreed to acquire its unit, Igdrasol Inc, to acquire the rights to cancer drug Cynviloq for about $90 million upfront.