BUZZ-U.S. STOCKS ON THE MOVE-Chubb, Teladoc, CalAmp, Chambers Street

Wed Jul 1, 2015 11:33am 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, 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...