CORRECTED-BUZZ-U.S. STOCKS ON THE MOVE-Apollo Education, ArcelorMittal, CTi, ARM
(Corrects Consol Energy item Corrects first paragraph to say Lanigan is the former CEO of Southeast Asset Advisors, not the CEO of Southeastern Asset Management. The error also appeared in a previous edition of U.S. STOCKS ON THE MOVE) 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 1.39 percent at 15,906, S&P 500 futures were down 1.49 percent at 1,847.25 and Nasdaq 100 futures were down 2.27 percent at 3,930.75.
** CTI BIOPHARMA CORP, Friday close $1.12, -47.32 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, -64.66 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, +0.40 pct premarket
The company reported its biggest jump in quarterly revenue in nearly five years, beating analysts' estimates by a wide margin, driven by demand for toys based on the "Star Wars: The Force Awakens" and "Jurassic World" movies. Continued...