BUZZ-U.S. STOCKS ON THE MOVE-Prima Biomed, Rada, Teck Resources

Tue May 26, 2015 11:51am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(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 recorded their steepest fall in three weeks in morning trading on Tuesday as positive economic data added to the gains in the dollar and sent it soaring to a one-month high. The Dow Jones industrial average was down 0.99 percent at 18,051.68, the S&P 500 was down 0.90 percent at 2,106.87 and the Nasdaq Composite was down 57.53 points, or 1.13 percent, at 5,031.83.

** PRIMA BIOMED LTD, $3.5, +11.11 pct

The Australian biotech announced on Sunday a deal to commercialize iCAN, which handles electronic records and electronic signatures associated with operations for immuno-cellular therapies like CVac.

** RADA ELECTRONIC INDUSTRIES LTD, $2.4235, -7.50 pct

The Israel-based defense electronics contractor reported a 32 percent decline in first-quarter revenue, citing delayed deliveries of some avionics production items. The company's financial expenses rose 13 percent.

** TECK RESOURCES LTD, $12.02, -4.91 pct   Continued...