(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) Wall Street began the last trading week of the year in the red, dragged down by energy stocks, as oil prices resumed a slide brought on by a global oversupply. The Dow Jones industrial average was down 0.55 percent at 17,455.59, the S&P 500 was down 0.67 percent at 2,047.26 and the Nasdaq Composite was down 0.74 percent at 5,011.03.
** ANGLOGOLD ASHANTI LTD, $7.19, -3.75 pct
** BARRICK GOLD CORP, $7.515, -3.90 pct
** SILVER STANDARD RESOURCES INC, $5.2, -3.88 pct
** GOLDCORP INC, $11.74, -3.45 pct
Gold and silver miners’ U.S.-listed shares were down as prices of precious metals fell.
** CONOCOPHILLIPS, $47.08, -3.11 pct
** BP PLC, $31.65, -1.46 pct
** OIL STATES INTERNATIONAL INC, $27.79, -5.54 pct
** PARKER DRILLING CO, $1.99, -7.87 pct
Shares of oil, gas and related companies down as Brent hovered around its 11-year low. Oil fell to around $37/barrel, pressured by excess supply that has led to prices more than halving since the downturn began in mid-2014.
** CHIMERIX INC, $6.98, -80.38 pct
The drug developer said its oral antiviral drug for the treatment of a certain kind of infection in stem cell transplant patients did not meet the main goal in a late-stage study.
** ICONIX BRAND GROUP INC, $5.685, -23.69 pct
The owner of Umbro and Lee Cooper brands said it received an order of investigation from the Staff of the Securities and Exchange Commission related to the accounting for the formation of certain joint ventures.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, $103.5, -9.30 pct
The Canadian drugmaker said a group of company executives will take over in an interim capacity, until CEO Michael Pearson returns from medical leave.
** FREEPORT-MCMORAN INC, $6.93, -8.45 pct
The miner’s co-founder, James Moffett, will step down as chairman and quit its board, months after the company added two directors under pressure from billionaire investor Carl Icahn.
** PSIVIDA CORP, $4.7101, +7.78 pct
The drugmaker plans to file for European marketing approval of its rare disease drug, Medidur, for chronic non-infectious uveitis, an inflammation in the back of the eyes.
** WEIGHT WATCHERS INTERNATIONAL INC, $18.85, +4.72 pct
The weight management company released advertisements on Christmas Eve in the United States and the UK featuring Oprah Winfrey. Media mogul Winfrey said in October she would buy a 10 percent stake in the company, join its board and feature in advertisements.
** ROVI CORP, $16.83, +6.12 pct
The digital entertainment provider renewed worldwide license agreement with Sony Corp. The multi-year deal will continue to give Sony license to use Rovi’s entertainment discovery patent portfolio for its devices.
** TRANSOCEAN LTD, $12.58, -3.08 pct
Transocean, one of the world’s largest offshore drilling companies, said on Monday that Shell had opted to terminate its contract for the harsh environment semisubmersible Polar Pioneer before the expiration in July 2017.
** FITBIT INC, $29.65, +2.56 pct
The wearable fitness device maker scores No. 1 spot on Apple Inc’s App Store chart for free apps on Dec. 25, according to media reports. This could indicate strong holiday demand for Fitbit’s wearable gadgets. (Reporting by Arunima Banerjee in Bengaluru; Editing by Maju Samuel)