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