BUZZ-U.S. STOCKS ON THE MOVE-HCC, Francesca's, Recon, Netflix
(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) The Dow Jones Industrial Average opened higher on Wednesday for the first time in five days and returned to positive territory for the year as a selloff in the equities market took a breather. The Dow Jones industrial average was up 1.43 percent at 18,017.45, the S&P 500 was up 1.20 percent at 2,105.06 and the Nasdaq Composite was up 1.28 percent at 5,077.96.
** HCC INSURANCE HOLDINGS INC, $77, +35.83 pct
Tokio Marine Holdings Inc said on Wednesday it had agreed to buy U.S. specialty insurer HCC Insurance Holdings for $7.5 billion, in what would be the biggest M&A deal this year by a Japanese company.
** BOULDER BRANDS INC, $7, -21.17 pct
The natural packaged food maker said Chief Executive Stephen Hughes resigned and it expected sales to fall in the second quarter, sending its shares down 15.5 percent in premarket trading.
** GLOBEIMMUNE INC, $2.8301, -26.11 pct Continued...