BUZZ-U.S. STOCKS ON THE MOVE-Inotek, Flotek, Neos, 3M, Caterpillar,
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U.S. stocks were lower on Thursday on weak earnings from bellwethers such as 3M and Caterpillar. The Dow Jones industrial average was down 0.55 percent at 17,752.86, the S&P 500 was down 0.46 percent at 2,104.35 and the Nasdaq Composite was down 0.20 percent at 5,161.388.
** INOTEK PHARMACEUTICALS CORP, $12.1718, +132.73 pct
The drug developer's lead drug, trabodenoson, ready to enter late-stage trial for testing in glaucoma patients, following feedback from the U.S. FDA.
** FLOTEK INDUSTRIES INC, $17.46, +36.51 pct
Stephens raises price target on the specialty chemicals and drilling equipment distributor after Flotek reports surprise Q2 profit and higher-than-expected revenue on Wednesday.