BUZZ-U.S. Stocks on the Move-Lorillard, Real Goods Solar, Tekmira Pharma
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)
The Dow industrials broke above the 17,000 milestone on Thursday and the S&P 500 came within 1 percent of piercing through 2,000 after the U.S. unemployment rate fell to its lowest in almost six years and the American economy created many more jobs than forecast. The Dow Jones industrial average rose 69.19 points or 0.41 percent, to 17,045.43, the S&P 500 gained 6.12 points or 0.31 percent, to 1,980.74 and the Nasdaq Composite added 11.81 points or 0.26 percent, to 4,469.55.
** PETSMART INC, $66.81, +11.71 pct
Hedge fund Jana Partners LLC said it planned to ask the pet products retailer to explore a sale. The activist investor reported a 9.9 percent stake in the company in a regulatory filing.
** REGADO BIOSCIENCES INC, $2.847, -57.88 pct
The drug developer stopped enrolling patients in a late-stage trial of its heart drug, saying that safety committee has started an unplanned review of data from the trial, focusing on serious adverse events related to allergic reactions Continued...