BUZZ-U.S. STOCKS ON THE MOVE-SunEdison, Alexza, Puma Biotechnology

Tue Mar 29, 2016 11:02am EDT
 
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(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 lower on Tuesday as oil prices skidded, and investors awaited Federal Reserve Chair Janet Yellen's speech for clues on when the central bank may raise interest rates. The Dow Jones industrial average was down 0.17 percent at 17,506.35, the S&P 500 was down 0.10 percent at 2,034.95.

** SUNEDISON INC, $0.6601, -47.61 pct

The U.S. solar company whose aggressive acquisition strategy has saddled it with more than $11 billion of debt, is at "substantial risk" of bankruptcy, one of its two publicly listed units warned on Tuesday.

** ALEXZA PHARMACEUTICALS INC, $0.52, -25.71 pct

The company says if it is unable to source additional capital, it may be forced to shut down operations altogether.

** KERYX BIOPHARMACEUTICALS INC, $5.25, +15.38 pct   Continued...