BUZZ-U.S. Stocks on the Move-Citigroup, Harmonic, Progenics, Kandi

Mon Jul 14, 2014 10:42am EDT
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(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,; for the Morning News Call newsletter, U.S. stock indexes rose on Monday, buoyed by the latest flurry of merger activity and earnings from Citigroup, putting the S&P 500 on pace to climb for a second straight session. The Dow Jones industrial average was up 0.76 percent at 17,071.84, the S&P 500 was up 0.53 percent at 1,977.99 and the Nasdaq Composite added 0.57 percent to 4,440.65.

** CITIGROUP INC,$48.68, +3.57 pct

The company said it agreed to pay $7 billion to settle a U.S. government investigation into mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis.

Citigroup on Monday also reported a stronger-than expected adjusted quarterly profit as its fixed-income business performed ahead of forecasts, taking the sting out of the settlement.

The stock was one of the top boosts to the S&P 500.

** FIRST MAJESTIC SILVER CORP, $166.02, -0.25 pct

** SILVER STANDARD RESOURCES, $9.0906, -1.08 pct

** ENDEAVOUR SILVER RESOURCES, $6.13, -1.29 pct   Continued...