BUZZ-U.S. STOCKS ON THE MOVE-Cleveland Bio, Magnum Hunter, IAC/Interactive
(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. stock index futures were higher ahead of a bunch of data on Thursday, a day after a broad decline in markets due to concerns of a Greek debt default. Dow Jones industrial average futures were up 0.29 percent at 17,935, S&P 500 futures were up 0.27 percent at 2,105.25 and Nasdaq 100 futures were up 0.33 percent at 4,530.75.
** MOLYCORP INC, Wednesday close $0.3587, -33.09 pct premarket
The sole U.S. supplier of rare earths filed for Chapter 11 bankruptcy protection along with its North American subsidiaries to restructure $1.7 billion of debt in its U.S. and Canadian operations.
** CLEVELAND BIOLABS INC, Wednesday close $2.83, +103.53 pct premarket
The drug developer signed a private placement agreement with David Davidovich, a venture capital investor, for sale of 6.4 million common shares at $3.87/share for $25 million.
** MAGNUM HUNTER RESOURCES CORP, Wednesday close $1.75, +17.14 pct premarket Continued...