BUZZ-U.S. STOCKS ON THE MOVE-Amazon, Biogen, StanCorp, Truecar

Fri Jul 24, 2015 10:10am 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) The S&P 500 and Dow Jones industrial average were lower on Friday while the Nasdaq composite gained amid a mixed bag of earnings from big companies and the downward spiral of commodities. The Dow Jones industrial average was up 0.03 percent at 17,736.69, the S&P 500 was down 0.05 percent at 2,101.18 and the Nasdaq Composite was up 0.25 percent at 5,159.053.

** AMAZON.COM INC, $559.38, +16.01 pct

The online retailer posted an unexpected quarterly profit, pushing its market value above that of Wal-Mart Stores Inc , the world's largest retailer.

** BIOGEN INC, $324.69, -15.68 pct

The drugmaker slashed its full-year profit and revenue forecasts as sales of its roster of multiple sclerosis drugs failed to live up to Wall Street's expectations.

** STANCORP FINANCIAL GROUP INC, $113.52, +48.02 pct

Japan's Meiji Yasuda Life Insurance Co said it has agreed to buy the U.S.-based company for $5 billion, the latest multi-billion deal by acquisitive Japanese insurers.   Continued...