BUZZ-U.S. STOCKS ON THE MOVE-Chubb, Teladoc, CalAmp, Chambers Street
(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 rose on Wednesday after Greece's prime minister signaled he was prepared to accept most of creditors' bailout terms and a raft of U.S. data pointed to a stronger economy. The Dow Jones industrial average was up 0.75 percent at 17,752.46, the S&P 500 was up 0.72 percent at 2,077.89 and the Nasdaq Composite was up 0.69 percent at 5,021.201.
** CHUBB CORP, $123.44, +29.75 pct
** ACE LTD, $104.81, +3.08 pct
Swiss insurance giant ACE will buy upmarket property insurer Chubb for $28.3 billion to get access to wealthy clients who pay higher premiums at a time when fierce competition has cut deeply into the industry's profit margins.
** BIOCEPT INC, $2.7201, +6.67 pct
The medical test maker launched a new blood test that could identify patients who would respond to breast and lung cancer treatments.
** TELADOC INC, $31.42, +65.37 pct Continued...