BUZZ-U.S. STOCKS ON THE MOVE-Chinese ADRs, QLogic, Intellipharmaceutics

Thu Jul 9, 2015 2:16pm 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 were higher in early afternoon on Thursday as Beijing's efforts to halt a rout in Chinese stocks lifted markets around the world. The Dow Jones industrial average was up 0.42 percent at 17,589.38 and the S&P 500 was up 0.48 percent at 2,056.52.


The drug developer said its lead drug, compared to a placebo, failed in mid-stage trial to show efficacy in treating lung disease patients with history of frequent increase in exacerbations.


The Canadian generic drug maker said late on Wednesday that the U.S. FDA canceled several conditions imposed on tentative approval for Focalin, the company's generic drug for attention-deficit hyperactivity disorder.

** MILLENNIAL MEDIA INC, $1.9, +31.03 pct   Continued...