BUZZ-U.S. STOCKS ON THE MOVE-GE, Twitter, Contravir Pharma

Mon Oct 5, 2015 2:40pm 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) U.S. stock indexes rose on Monday, after a disappointing U.S. jobs report on Friday hardened views that the Federal Reserve will not raise interest rates this year. The Dow Jones industrial average was up 1.83 percent at 16,773.06, the S&P 500 was up 1.85 percent at 1,987.39 and the Nasdaq Composite was up 1.60 percent at 4,782.995.

** GENERAL ELECTRIC CO, $27.15, +6.60 pct

Nelson Peltz's Trian Fund Management said it had bought $2.5 billion in shares of the industrial conglomerate since May, making it one of the company's top 10 shareholders. GE is now Trian's largest investment with a beneficial ownership of 98.5 million shares, or a roughly 1 percent stake.

** CONOCOPHILLIPS, $52.68, +2.91 pct

** CHEVRON CORP, $83.901, +2.88 pct

** COMSTOCK RESOURCES INC, $2.54, +15.98 pct

** BASIC ENERGY SERVICES INC, $4.12, +20.12 pct   Continued...