BUZZ-U.S. STOCKS ON THE MOVE-Apollo Education, BioCryst, Brixmor, Loews
(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 was set to open lower on Monday, continuing a technology-led selloff from Friday, as fears of a global economic slowdown worsening and dropping oil prices continue to rattle investors. Dow Jones industrial average futures were down 1.23 percent at 15,932, S&P 500 futures were down 1.33 percent at 1,850.25 and Nasdaq 100 futures were down 2.06 percent at 3,939.25.
** CTI BIOPHARMA CORP, Friday close $1.12, -55.36 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, -61.07 pct premarket
The drug developer said its lead drug failed to reduce the frequency of recurrent swelling in patients with hereditary angioedema.
** OUTERWALL INC, Friday close $27.04, +0.04 pct premarket
Activist hedge fund Engaged Capital LLC reported a 14.1 percent stake in Outerwall, the operator of Redbox video rental kiosks. Continued...