BUZZ-U.S. STOCKS ON THE MOVE-Cree, Winnebago, Venaxis, Magnum Hunter

Thu Jun 25, 2015 9:56am 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. stocks opened higher on Thursday as data on rising consumer spending and tightening labor market pointed to a recovery in the economy. The Dow Jones industrial average was up 0.15 percent at 17,992.29, the S&P 500 was up 0.12 percent at 2,111.03 and the Nasdaq Composite was up 0.12 percent at 5,128.

** CLEVELAND BIOLABS INC, $5.5, +94.35 pct

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, $2.12, +21.14 pct

The oil and natural gas producer said it expected to raise $600-$700 million by selling its 45.53 percent stake in its natural gas gathering subsidiary, Eureka Hunter Holdings.