BUZZ-U.S. STOCKS ON THE MOVE-Depomed, Plug Power, Pinnacle, Oramed

Tue Jul 7, 2015 9:17am 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, Wall Street was set to open slightly higher on Tuesday ahead of a euro zone leaders summit at which Greece will bring a proposal in a last-ditch bid to secure an aid package to keep the country in the currency club. Dow Jones industrial average futures were down 0.09 percent at 17,612, S&P 500 futures were down 0.05 percent at 2,063.5 and Nasdaq 100 futures were down 0.14 percent at 4,416.75.

** PRIMA BIOMED LTD, Monday close $1.1916, +43.50 pct premarket

The Australian immuno-oncology company said it received positive "scientific advice" from the European Medicines Agency (EMA) on development for its lead product, IMP321, in breast cancer.

** ADVANCED MICRO DEVICES INC, Monday close $2.47, -19.43 pct premarket

The chipmaker lowered its revenue estimate for the second quarter, below analysts' average estimate, saying demand for personal computers was weaker than expected.

At least eight brokerages cut their PT on AMD's stock, citing pressure on the company from weak PC demand and tough competition, according to Thomson Reuters data.