BUZZ-U.S. STOCKS ON THE MOVE-Apollo Education, BioCryst, Cognizant
(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 index futures were lower on Monday, with the Dow Jones industrial average slipping nearly 200 points, as fears of a global economic slowdown worsening rattle investors. Dow Jones industrial average futures were down 1.36 percent at 15,912, S&P 500 futures were down 1.44 percent at 1,848.25 and Nasdaq 100 futures were down 2.24 percent at 3,931.75.
** CTI BIOPHARMA CORP, Friday close $1.12, -33.04 pct premarket
The drug developer says the U.S. FDA has placed a partial clinical hold on studies for its lead cancer drug, pacritinib.
** BIOCRYST PHARMACEUTICALS INC, Friday close $6.14, -62.54 pct premarket
The drug developer said its lead drug failed to reduce the frequency of recurrent swelling in patients with hereditary angioedema, a rare genetic condition.
** HASBRO INC, Friday close $74.1
The company reported better-than-expected quarterly revenue and profit, helped by strong holiday demand for toys based on "Star Wars: The Force Awakens" and "Jurassic World" movies released last year. Continued...