BUZZ-U.S. STOCKS ON THE MOVE-Nike, Celladon, Micron Tech, GigaMedia
(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 were mixed at the open on Friday ahead of a Eurogroup meeting about extending Greece's bailout program. The Dow Jones industrial average was up 0.31 percent at 17,946.05, the S&P 500 was up 0.04 percent at 2,103.16 and the Nasdaq Composite was down 0.15 percent at 5,104.74.
** NIKE INC, $109.5, +4.07 pct
The world's largest footwear maker reported a better-than-expected profit for the eighth quarter in a row as it sold more high-margin shoes and apparel at higher prices, and posted a surprise rise in growth of "futures orders".
At least 11 brokerages raised price targets after the company also raised its full-year currency-neutral sales forecast.
** CELLADON CORP, $1.27, -42.27 pct
The drug developer said it would suspend further development of its gene-therapy drug for heart failure, months after the treatment failed a mid-stage trial.
** MICRON TECHNOLOGY INC, $20.155, -16.09 pct Continued...