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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.
** NEOS THERAPEUTICS INC, $19.51, +30.07 pct
The company which develops extended-release oral medications to treat attention deficit hyperactivity disorder (ADHD) offered 4.8 million shares (upsized from 4 million) at $15, midpoint of $14-$16 range, raises $72 million.
** CARA THERAPEUTICS INC, $20.93, +32.13 pct
The biotech said its experimental drug was successful in mid-stage study in patients with uremic pruritus, a chronic systemic itch seen in patients with renal failure, often receiving hemodialysis.
** SANDISK CORP, $63.22, +16.69 pct
Data storage products maker reported a quarterly profit that was double what analysts had expected, helped by higher retail sales and new products.
** LOGITECH INTERNATIONAL SA, $14.7, +10.69 pct
The Swiss-American gadget maker posted better-than-expected quarterly revenue and earnings per share.
** 3M CO, $150.26, -3.31 pct
The Diversified manufacturer reported tepid second-quarter sales on Thursday and lowered its full-year forecasts for revenue and earnings due to slower-than-expected global growth.
** CATERPILLAR INC, $76.99, -3.47 pct
The World's largest construction and mining equipment maker's reported a lower quarterly net profit and sales on Thursday due to weakness in mining, slower construction in Brazil and China, and declining orders for oil-related applications.
** GENERAL MOTORS CO, $31.75, +4.79 pct
The automaker reported adjusted net income that more than doubled in the second quarter, driven by North American truck sales and continued strength in China.
** ADEPTUS HEALTH INC, $95.91, +9.99 pct
The healthcare operator Raises full year systemwide revenue forecast to $400 million -$405 million from $388 million -$393 million, citing strong second quarter.
** MERGE HEALTHCARE INC, $5.485, +8.83 pct
The medical technology services provider reported higher-than-expected revenue and profit for the second quarter, helped by strong sales of health information systems.
** NEURALSTEM INC, $1.79, +6.55 pct
The drug developer U.S. district court ruled in company's favour, dismissing StemCells Inc's STEM.O claims in a patent infringement case.
** UNDER ARMOUR INC, $96.1, +7.53 pct
The Sports apparel and footwear maker raised its full-year revenue and profit forecast for the second time in three months as strong demand for its celebrity-endorsed products helped the sportswear maker beat quarterly sales estimates.
** UNITED RENTALS INC, $72.27, -6.90 pct
The world's largest equipment rental company reported lower-than-expected revenue for the second quarter hurt by a drop in oil and gas activity.
** UNITED CONTINENTAL HOLDINGS INC, $58.16, +1.91 pct
The company on Thursday forecast a drop in unit revenue and trimmed plans for capacity growth as the U.S. dollar weighs on demand abroad, but it announced new share buybacks because its profit continues to rise.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, $251.14, +5.11 pct
Canadian drugmaker reported a better-than-expected quarterly profit, helped by strength in its dermatology business in the United States.
** CIGNA INC, $154.39, +2.20 pct
** ANTHEM INC, $154.23, -0.56 pct
The U.S. health insurer Anthem is close to finalizing negotiations to acquire peer Cigna and could announce a roughly $48 billion deal as early as this week, two people familiar with the matter said on Wednesday.
** SOUTHWEST AIRLINES CO, $37.04, +5.47 pct
The Dallas-based airline reported second-quarter earnings per share slightly above analysts' expectations but forecast that unit revenue will inch down in the third quarter as its capacity grows.
** DOW CHEMICAL CO, $48.07, -3.86 pct
The company reported a better-than-expected quarterly profit as the company's operating margins rose for the eleventh quarter in a row, helped largely by low raw material costs at its plastics-making business.
** FREEPORT-MCMORAN INC, $13.6, -9.69 pct
The Diversified U.S. miner and energy company reported a sizeable second-quarter net loss on Thursday, reflecting a big write-down for the value of its oil and gas properties and slumping prices for the copper, gold and oil that it produces.
** CHEESECAKE FACTORY INC, $57.35, +4.05 pct
The Restaurant and bakery operator reported better-than-expected profit for the second quarter, helped by lower costs and higher sales at company-owned restaurants.
** QUALCOMM INC, $61.47, -4.24 pct
The chipmaker said it may break itself up as it delivered its third profit warning this year and announced plans to slash jobs and spending in the face of rising competition.
** AMERICAN EXPRESS CO, $76.14, -3.61 pct
The Credit card issuer reported a 5 pct fall in profit for the second quarter on Wednesday as stronger dollar reduced revenue from markets outside the United States
** GULFMARK OFFSHORE INC, $8.65, +1.29 pct
The offshore rig contractor posted smaller-than-expected loss for the second quarter, helped by lower expenses.
** DUNKIN' BRANDS GROUP INC, $53.99, -4.49 pct
The company reported a 11 percent rise in quarterly revenue, helped by more traffic at its Dunkin' Donuts outlets and licensing fees from sales of its K-Cups coffee pods.
** TEXAS INSTRUMENTS INC, $50.17, +1.76 pct
The company forecast third-quarter revenue below analysts' expectations due to weak demand for its chips used in PCs and industrial and communications equipment.
** ABB LTD, $20.63, +1.18 pct
The company said on Thursday its net profit fell 8 percent in the second quarter due to a drop in demand for the Swiss company's oil and gas products, slower-than-expected business in the United States, soft demand from China and a strong dollar. (Compiled by Rosmi Shaji in Bengaluru; Edited by Don Sebastian)