BUZZ-U.S. STOCKS ON THE MOVE-Fuelcell, Cooper Cos, Ulta Salon, Avon

Fri Dec 4, 2015 10:02am EST
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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, Wall Street opened higher on Friday after stronger-than-expected U.S. jobs data built the case for the Federal Reserve to raise interest rates this month for the first time in nearly a decade. The Dow Jones industrial average was up 0.95 percent at 17,644.33, the S&P 500 was up 0.79 percent at 2,065.88 and the Nasdaq Composite was up 0.82 percent at 5,078.585.


The biopharmaceutical company, which recently appointed controversial head of Turing Pharmaceuticals Martin Shkreli as CEO, said it was acquiring worldwide rights to a compound being developed for the treatment of Chagas disease.

** AVON PRODUCTS INC, $4.38, +9.77 pct

Private equity investors led by Barington Capital have proposed a restructuring of the company, saying the cosmetics maker is "significantly undervalued" and warning against the sale of its North American arm to Cerberus Capital Management.

** FUELCELL ENERGY INC, $7.822, -20.12 pct   Continued...