February 10, 2016 / 5:05 PM / in 2 years

BUZZ-U.S. STOCKS ON THE MOVE-CTi, Akamai, Empire District, Wix.com

(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. stocks gained on Wednesday after Federal Reserve Chair Janet Yellen said conditions in the United States would allow for "gradual" rate hikes, and as technology stocks rebounded. The Dow Jones industrial average was up 0.08 percent at 16,027.22, the S&P 500 was up 0.70 percent at 1,865.12 and the Nasdaq Composite was up 1.28 percent at 4,323.541.

** CTI BIOPHARMA CORP, $0.2682, -46.36 pct

The company said the U.S FDA has put a full clinical hold on the company’s investigational new drug application for pacritinib.

** GOLDMAN SACHS GROUP INC, $150.77, +1.70 pct

** DEUTSCHE BANK AG, $16.33, +6.18 pct

U.S. banks are looking at ways to slash expenses further this year as market turmoil, declining oil prices and concerns about Germany’s Deutsche Bank have sent the sector’s shares down sharply.

** EMPIRE DISTRICT ELECTRIC, $32.66, +15.82 pct

Algonquin Power & Utilities Corp to buy Empire District Electric in a C$3.4 billion ($2.4 billion) deal.

** DTE ENERGY, $85.79, -1.22 pct

** NEXTERA ENERGY INC, $113.1, -1.95 pct

** DUKE ENERGY, $77.68, -0.54 pct

** DOMINION RESOURCES, $69.72, -1.01 pct

** EXELON, $30.88, -2.37 pct

Supreme Court puts on hold federal rules to curb carbon dioxide emissions, mainly from coal-fired power plants.

** SOLARCITY CORP, $20.46, -22.35 pct

** SOLAREDGE TECHNOLOGIES INC, $23.75, -7.77 pct

** SUNEDISON INC, $2.45, -6.84 pct

** SUNPOWER CORP, $22.14, -3.57 pct

** FIRST SOLAR INC, $64.49, -2.99 pct

** ASCENT SOLAR TECHNOLOGIES INC, $0.1028, -6.55 pct

SolarCity said on Tuesday it installed fewer rooftop solar systems than expected for the second straight quarter and warned that its supercharged growth would slow in 2016. U.S-listed shares of solar companies down after SolarCity also forecasts bigger-than-expected loss for the current quarter.

** FITBIT INC, $14.99, +4.83 pct

The company says Salesforce.com CEO Marc Benioff reports a 5.3 percent passive stake in it.

** WALT DISNEY CO, $88.19, -4.47 pct

The company’s ESPN sports network posted a decline in quarterly profit, overshadowing the blockbuster success of “Star Wars: The Force Awakens,” which lifted the company to record income and topped Wall Street expectations.

** AKAMAI TECHNOLOGIES INC, $48.6, +22.82 pct

The online content distributor reported better-than-expected quarterly revenue, helped by higher demand for its security services, and announced a $1 billion share buyback program.

** WIX.COM, $17, +7.26 pct

The company, which helps small businesses build and operate websites, expects slightly slower sales growth this year as it reported a smaller-than-expected loss for the fourth quarter, helped by conversions to paid products.

** TIME WARNER INC, $63.21, +0.00 pct

The owner of cable channels CNN, HBO and Cartoon Network reported lower-than-expected Q4 revenue, hurt by a lack of hit movie releases from Warner Bros and a strong dollar.

** NUANCE COMMUNICATIONS INC, $17.28, +7.00 pct

The voice recognition software maker posts a smaller first-quarter loss of $12.1 million, compared with a loss of $50.5 million last year, helped by higher software sales and an 11 percent fall in operating costs.

** ARROWHEAD RESEARCH CORP, $3.36, +5.66 pct

The drug developer posts a smaller loss for the first quarter , helped by a drop in operating expenses.

** PAYCOM SOFTWARE INC, $23.8, +5.78 pct

The cloud-based human resources software maker reports Q4 revenue and profit above average analyst estimate, helped by a 48 percent rise in recurring revenue.

** STAPLES INC, $8.575, +2.08 pct

** OFFICE DEPOT INC, $5.085, +3.46 pct

Staples’ proposed takeover of Office Depot has been approved by European regulators after the U.S. office supplies retailer agreed to sell some of the European operations of its smaller rival.

** AGCO CORP, $44.69, -3.64 pct

The farming equipment manufacturer does not have immediate plans to purchase a stake in 365FarmNet, a farm management company and software platform that is a subsidiary of Germany-based Claas KGaA mbH, AGCO’s chief executive said on Tuesday. (Reporting by Rosmi Shaji in Bengaluru; Editing by Maju Samuel)

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