July 11 (Reuters) - Some U.S. stocks on the move on Thursday:
U.S. stocks jumped 1 percent at the opening bell after comments by Federal Reserve Chairman Ben Bernanke indicated the central bank was unlikely to scale back its stimulus measures earlier than expected. The Dow Jones industrial average gained 1.02 percent, the Standard & Poor's 500 Index rose 1.02 percent and the Nasdaq Composite Index climbed 1.08 percent.
** ROCKWELL MEDICAL INC, $4.84, up 28 pct (0932 ET
Rockwell Medical said a late-stage trial of its experimental iron deficiency drug met the main goal of improving hemoglobin levels in patients with chronic kidney disease.
** BRIDGEPOINT EDUCATION INC, $15.79, up 25 pct (0956 ET)
The education services provider said on Wednesday that it expects profit of 16 cents to 20 cents per share and revenue of $195.5 million to $199.5 million in the quarter ended June 30. Analysts on average are expecting a profit of 34 cents per share on revenue of $205.2 million, according to Thomson Reuters I/B/E/S.
Barrington Research on Thursday raised its rating on the company's stock to "outperform" from "market perform".
** ALNYLAM PHARMACEUTICALS INC, $43.42, up 16 pct (0933 ET)
The company said an early-stage trial of its gene-based therapy showed the drug successfully suppressed the protein that causes an organ-damaging hereditary disorder.
The study was testing a subcutaneously administered version of the drug, ALN-TTR, to treat the genetic disorder amyloidosis, when caused by mutations in the transthyretin gene.
** MERRIMACK PHARMACEUTICALS INC, $5.95, down 15 pct (0951 ET)
The company said on Wednesday that it intends to offer $50 million of its common stock and $75 million in aggregate principal amount of convertible senior notes in concurrent underwritten public offerings.
** APOLLO GROUP, $19.33, up 8 pct (0934 ET)
The for-profit education company said the Higher Learning Commission, a member of the North Central Association of Colleges and Schools, reaffirmed the accreditation of its University of Phoenix through 2022-2023 academic year.
** ENDEAVOUR SILVER CORP, $3.27, up 6.8 pct (0934)
The Canadian miner said on Wednesday it was looking to cut costs for the second time this year as silver prices fall. The company said silver production rose 48 percent to 1,535,873 ounces and revenue rose 57 percent to $63.5 million in the second quarter.
** Celgene Corp, $135.43, up 8.5 pct (0935 ET)
The company said a late-stage trial of its cancer drug Revlimid met the main goal of improving survival in newly diagnosed blood cancer patients, potentially opening up the path for a wider use of the drug.
** ADVANCED MICRO DEVICES INFC, $4.19, up 5.5 pct (0935 ET)
Canaccord Genuity analysts raised their rating on the maker of microprocessors to "buy" from "hold," saying the company is likely to benefit from Microsoft Corp's plans to increase the number of Xbox gaming servers.
BofA Merrill raised the company's stock to "buy" from "underperform", according to Theflyonthewall.com.
** NEWMONT MINING CORP, $27.89, up 4.8 pct (0936 ET)
** ROYAL GOLD INC, $42.93, up 4.5 pct (0937 ET)
** RANDGOLD RESOURCES LTD, $65.39, up 7.74 pct (0938 ET)
Gold jumped to a near three-week high on Thursday as the dollar tumbled after the U.S. Federal Reserve signaled it would continue to pursue monetary stimulus, given tame inflation and a fragile labor market.
Spot gold climbed as much as 2.7 percent to $1,298.36, its highest since June 24. It was up 1.5 percent to $1,282.31 an ounce by 0938 GMT.
** FREEPORT MCMORAN COPPER & GOLD, $28.41, up 4.11 pct (0939 ET)
Shares of one of the world's largest copper producers rose as copper prices hit their highest level in nearly a month on Thursday, after the U.S. Federal Reserve chairman signaled a commitment to monetary stimulus for the foreseeable future, helping boost appetite for risky assets.
** CITIGROUP INC, $50.29, up 1.2 pct (0940 ET)
** JPMORGAN CHASE & CO, $55.48, up 1.5 pct (0941 ET)
** GOLDMAN SACHS GROUP INC, $158.58, up 1.7 pct (0942 ET)
** BANK OF AMERICA CORP, $13.53, up 1.2 pct (0942 ET)
Minutes from the latest policy-setting Federal Reserve meeting showed that the U.S. central bank will continue to pursue an accommodative monetary policy for now as inflation remains low and the employment rate may be overstating the health of the labor market.
** ADTRAN INC, $23.47, up 3.6 pct (0943 ET)
Analysts at MKM Partners raised their rating on the network gear maker's shares to "neutral" from "sell" following deal wins from Deutsche Telekom and AT&T.
The company reported better-then-expected second-quarter results due to growth in its inter-networking and broadband access products on Wednesday.
Goldman Sachs analysts raised their rating on the stock to "buy" from "neutral", according to flyonthewall.com.
** HESS CORP, $70.16, up 2 pct (0944 ET)
JP Morgan upgraded the oil and gas company's stock to "overweight" from "neutral", according to Theflyonthewall.com. Hess, which was under fire from its third-largest investor Elliot Management, has announced plans to quit its retail and marketing business and focus on exploration and production.
** NOKIA OYJ , $4.22, up 2.0 pct (0945 ET)
Nokia is likely to unveil a new smartphone with a 41-megapixel camera, banking on advanced optics to make up for meager marketing resources and a limited range of phone apps. Analysts, however, are skeptical that a new camera for the flagship Lumia smartphone will be enough for the Finnish company to regain market share from rivals Samsung and Apple.
** LINEAR TECHNOLOGY CORP, $38.90, up 2 pct (0945 ET)
Brokerage Jefferies raised its rating on the semiconductor company to "buy", and said it expects higher growth from the company's higher margin automotive and industrial businesses.
** L BRANDS INC, $51.40, up 1.7 pct (0946 ET)
** COSTCO WHOLESALE CORP, $114.85, up 1.1 pct (0948 ET)
Sales at U.S. retailers, including Costco and L Brands, suggest that overall U.S. consumer spending is improving while discretionary spending may remain under pressure.
Gap Inc plans to report its June sales after the market closes on Thursday afternoon.
** PRICESMART INC, $87.25, down 5.2 pct (0949 ET)
The shopping warehouse club operator reported on Wednesday a third-quarter profit that missed analysts' estimates.
** VOXX INTERNATIONAL CORP, $13.79, up 4.46 pct (0950 ET)
The audio equipment maker reported a better-than-expected first-quarter profit and said it was projecting modest sales increases this year.
** MCGRAW HILL FINANCIAL INC, $56.65, up 1.4 pct (0952 ET)
The company said Douglas Peterson will replace Chief Executive Harold (Terry) McGraw, who will step down after reaching the mandatory retirement age of 65. Peterson is currently president of the company's Standard & Poor's ratings business.
**INTEROIL CORP, $70.10, up 3 pct (0954 ET)
The oil and gas company said it appointed former BP Plc employee Michael Hession as its chief executive officer. Hession joins after the company's founder and CEO Phil Mulacek retired in April. (Compiled by Lehar Maan; Editing by Sriraj Kalluvila)