BUZZ-U.S. STOCKS ON THE MOVE-Tobira, Pozen, Capricor, Walter Energy,
(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 Monday afternoon as investors mulled the prospect of the Federal Reserve raising interest rates as early as September. The Dow Jones industrial average was down 0.36 percent at 17,785.46, the S&P 500 was down 0.54 percent at 2,081.47 and the Nasdaq Composite was down 0.95 percent at 5,020.275.
** TOBIRA THERAPEUTICS INC, $21.8939, +22.72 pct
The drug developer said it completed enrollments in a mid-stage trial testing its experimental drug, cenicriviroc, in patients with non-alcoholic fatty liver disease.
** POZEN INC, $9.18, +21.59 pct
The specialty pharmaceuticals company said it would acquire Tribute Pharmaceuticals Canada Inc for about $144 million and shift its domicile to Ireland.
** PETROQUEST ENERGY INC, $2.33, +23.94 pct Continued...