MARKET PULSE-Abengoa Yield, InterCloud, OncoMed, OpenTable, Yelp

Fri Jun 13, 2014 10:31am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s)

NOTE: Reuters is converting some short-form coverage of hot stocks, including Market Pulse, into the new Stocks Buzz product. From June 16, items that were previously published only as a compilation will be published as standalone items featuring the BUZZ tag. They will also be accessible via the STXBZ news code. A collated version will continue to appear on the WATCH/US named-item code under the headline "BUZZ-U.S. stocks on the move".

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U.S. stock edged higher at the open on Friday as some positive corporate news supported markets, though ongoing violence in Iraq limited the gains. The Dow Jones industrial average was up 0.21 percent at 16,769.06, the S&P 500 was up 0.22 percent at 1,934.41 and the Nasdaq Composite was up 14.52 points, or 0.34 percent, to 4,312.15.

** ONCOMED PHARMACEUTICALS INC, $21.07, -15.38 pct

The company said it halted patient enrollment and dosing in early-stage trials testing two of its experimental cancer drugs, due to concerns of bone damage.

** ABENGOA YIELD PLC, $35.94, +23.93 pct   Continued...