BUZZ-U.S. STOCKS ON THE MOVE-Relypsa, Pacific Sunwear, Buckle, Kinross

Thu Apr 7, 2016 1:59pm 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 Thursday as oil prices slid and investors worried that measures taken by central banks may not be enough to put the global economy back on track. The Dow Jones industrial average was down 0.93 percent at 17,550.93, the S&P 500 was down 1.18 percent at 2,042.24 and the Nasdaq Composite was down 1.34 percent at 4,854.607.

** PACIFIC SUNWEAR OF CALIFORNIA INC, $0.054, -43.16 pct

The struggling teen apparel retailer filed for Chapter 11 bankruptcy protection on Thursday, succumbing to mounting losses and intense competition in the industry.

** RELYPSA INC, $21.25, +46.45 pct

The drugmaker was exploring sale after overtures from potential buyers, according to people familiar with the matter.

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