BUZZ-U.S. STOCKS ON THE MOVE-Zillow, Big 5 Sporting, Rockwell Medical

Wed May 4, 2016 12:12pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(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 Wednesday after tepid U.S. economic data and lackluster corporate results added to concerns about the health of the global economy. The Dow Jones industrial average was down 0.51 percent at 17,660.17, the S&P 500 was down 0.56 percent at 2,051.73 and the Nasdaq Composite was down 0.63 percent at 4,733.206.

** MEDIVATION INC, $59.035, +2.63 pct

** PFIZER INC, $33.605, -0.28 pct

** SANOFI SA, $40.46, -1.68 pct

Pfizer has approached U.S. cancer drug maker Medivation to express interest in an acquisition, raising the possibility of a bid rivaling a $9.3 billion offer by Sanofi, people familiar with the matter said on Tuesday.

** PRICELINE GROUP INC, $1,224, -9.64 pct   Continued...