BUZZ-U.S. STOCKS ON THE MOVE-Micron Tech, Magnum Hunter, China stocks

Fri Jun 26, 2015 10:50am 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 rose slightly on Friday as investors were encouraged by signals of a possible deal between Greece and its creditors that could help the country avert a debt default. The Dow Jones industrial average was up 0.50 percent at 17,979.68, the S&P 500 was up 0.09 percent at 2,104.27 and the Nasdaq Composite was down 0.30 percent at 5,097.1.

** NIKE INC, $109.51, +4.08 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, $1.29, -41.36 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, $19.63, -18.28 pct   Continued...