MARKET PULSE-Astea, Christopher & Banks, Coupons.com, Francesca's
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks fell modestly on Tuesday as investors found few reasons to keep buying with the Dow and S&P 500 coming off a string of record highs. The Dow Jones industrial average was down 0.12 percent at 16,922.74, the S&P 500 was down 0.21 percent at 1,947.09 and the Nasdaq Composite was down 3.98 points, or 0.09 percent, at 4,332.26.
** ACHILLION PHARMACEUTICALS INC, $6.55, +54.12 pct
The drugmaker said the U.S. Food and Drug Administration allowed it to resume the development of one of its hepatitis C drugs, lifting a clinical hold that was imposed nearly a year ago.
** RECEPTOS INC, $39.84, +36.44 pct
The biotechnology company said its experimental drug to treat relapsing multiple sclerosis met the main goal in a mid-stage trial.
** RADIOSHACK CORP, $1.39, -9.74 pct Continued...