BUZZ-US Stocks on the Move-Bluebird Bio, Yahoo, Fusion-io, Dara
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U.S. stocks were slightly higher on Monday. The Dow Jones industrial average was up 0.10 percent at 16,791.72 and the S&P 500 was up 0.22 percent at 1,940.36.
** BLUEBIRD BIO INC, $36.56, +40.13 pct
The drug developer reported positive data from an early-stage trial of its experimental gene therapy. Bluebird said the first two patients in trial did not require further cell transfusion within two weeks of a transplant with Bluebird's gene therapy, which aims to treat a blood disorder.
** YAHOO INC, $35.24, -4.60 pct
The U.S. internet company's shares were trading lower after Chinese e-commerce company Alibaba Group Holding Ltd IPO-ALIB.N said its revenue growth slowed for the year ended March 31. Yahoo has a 22.5 percent stake in Alibaba. Continued...