(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) U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and Gaza continue to garner investor focus. The Dow Jones industrial average was down 0.37 percent at 17,037.28, the S&P 500 was down 0.35 percent at 1,971.24 and the Nasdaq Composite was down 0.29 percent at 4,419.23.
** COUNTERPATH CORP, $1.5999, +46.79 pct
The mobile software maker said it got a patent for verifying users through mobile subscriber identification module (SIM) cards
The company's shares more than doubled to an intra-day high on Monday. More than 5 million shares changed hands by 1140 ET, more than 200 times the stock's 10-day moving average.
** EURO TECH HOLDINGS CO LTD, $5.23, +26.64 pct
The water treatment equipment supplier got an approval certificate from China's Classification Society (CCS) for the company's 300 cubic meter per hour ballast water treatment systems (BWTS)
Euro Tech's stock was the biggest percentage gainer on the Nasdaq with more than 950,000 shares traded by 1055 ET, compared with a 10-day moving average of 6,006.
** EXTREME NETWORKS INC, $4.97, +13.73 pct
The ethernet switch maker estimated fourth-quarter adjusted revenue of $154-$156 million, higher than analysts' average forecast of $146.7 million. The company said it expected a profit of 6-8 cents per share, excluding items, beating analyst's expectation of earnings of 3 cents per share, according to Thomson Reuters I/B/E/S.
** HASBRO INC, $51.49, -3.23 pct
The second-largest U.S. toymaker reported lower-than-expected quarterly revenue as sales of its games and preschool products fell for the second straight quarter.
** INTERCLOUD SYSTEMS INC, $5.701, -7.60 pct
Telecom network service provider offered 1.43 million common shares at a price assumed to be $6.01 per share, the stock's close on July 15. (1.usa.gov/1naUZ3O)
The offering represents about 12.7 percent of the total outstanding shares as of May 14.
** CTI BIOPHARMA CORP, $2.69, +3.86 pct
The Israeli health ministry approved the drug developer's blood cancer drug, Pixuvri, for patients who have received not more than three previous courses of treatment.
Pixuvri is to be marketed in Israel by Neopharm Group.
** MANPOWERGROUP INC, $79.87, -3.93 pct
The staffing company said its weak performance in France dragged on its revenue in the second quarter, sending its shares down. Manpower's average daily revenue in France, which accounts for more than a quarter of the company's total revenue, rose 2 percent in the second quarter. The rate of growth was flat in the quarter compared with the first quarter, the company said.
** XUNLEI LTD, $12.36, -4.56 pct
Oppenheimer & Co started coverage of the Chinese internet company's shares with a "perform" rating. The brokerage said regulatory changes on internet TV content and stricter content control may slow growth in the company's subscriber base and average revenue per user.
** EMC CORP, $28.07, +4.04 pct
Activist investor Elliott Management Corp has taken a $1 billion stake in the data storage equipment maker and plans to push the company to spin off its VMware Inc unit, the Wall Street Journal reported, citing people familiar with the matter.
** KANDI TECHNOLOGIES GROUP INC, $21.5999, +10.09 pct
The Chinese electric-car maker's stock was one of the top percentage gainers on the Nasdaq after the Chinese government excluded overseas electric vehicle makers such as Tesla Motors Inc from its sales stimulus program, according to Chinadaily.com.cn (bit.ly/Wq8D9N)
China had said earlier this month that it would exempt purchase tax on green cars from September 2014 through 2017. Purchase tax would not be waived on imported electric vehicles, Chinadaily.com.cn said.
** BB&T CORP, $37.25, -4.24 pct
The bank reported lower-than-expected second-quarter earnings. The company's profit was hit by mortgage and tax-related charges in connection with an audit by the Department of Housing and Urban Development.
** BIOLASE INC, $2.12, +10.42 pct
The dental laser maker said it plans to raise $12 million via private placement. Biolase said it would sell 6.3 million shares at $1.92 per share, in line with Friday's closing price, in an offering representing 31.9 percent of the company's outstanding shares as of April 30.
** PEABODY ENERGY CORP, $15.3, -2.61 pct
** ALPHA NATURAL RESOURCES INC, $3.19, -2.74 pct
** ARCH COAL INC, $3.03, -2.88 pct
Analysts at Howard Weil cut their price targets on Peabody to $22 from $26, Alpha Natural to $5 from $7 and Arch Coal to $5 from $6. The analysts cited the prevalence of a soft metallurgical coal market, continued production cuts and bottlenecks on railroads transporting coal to western states.
** EZCORP Inc, $9.7, -12.77 pct
The pawn broker and payday lender's CEO, president and director Paul Rothamel was removed from all posts on Friday by Phillip Ean Cohen, who owns 100 percent of the company's voting rights.
Cohen also removed William Love as chairman and Joseph Beal as director in a change aimed at improving the company's operating and financial performance.
** Horsehead Holding Corp, $19.51, +8.33 pct
The zinc and nickel-based product maker's shares jumped to a six-and-a-half-year high after Barron's said benefits from its new plant could boost its shares by 40 percent or more from their Friday close. (on.barrons.com/1rw41f8)
Barron's said the new plant could lower costs and would produce a higher grade of zinc than a previously closed plant.
** ANACOR PHARMACEUTICALS INC, $16.52, +4.29 pct
The drugmaker said it had entered into an agreement with a unit of Swiss drugmaker Novartis AG to market Anacor's antifungal treatment in the United States.
Anacor will get upfront payments of $40 million and an additional milestone payment of $25 million expected to be paid in January 2015, it said. The FDA approved the drug, Kerydin, for the topical treatment of a fungal infection of the toenail, on July 8
** MANITEX INTERNATIONAL INC, $16.28, +5.92 pct
The boom trucks and crane products maker said it would buy Italy-based crane maker PM Group SpA for $107 million.
** AK STEEL HOLDING CORP, $8.44, -4.42 pct
** STEEL DYNAMICS INC, $19.88, +7.00 pct
Russian steel maker Severstal OAO said on Monday that it had agreed to sell its two U.S. steel plants for $2.3 billion, withdrawing from the U.S. market at a time of rising tension between Russia and the West and turning its focus to its domestic business.
Severstal said it would sell subsidiaries Severstal Columbus in Mississippi and Severstal Dearborn in Michigan to Steel Dynamics and AK Steel, respectively, a sale which may allow the steelmaker to pay an extra dividend and reduce debt.
** GLU MOBILE INC, $7.48, +10.16 pct
Cowen and Co raised its price target on the mobile game maker's stock to $10 from $6. The brokerage also raised its full-year non-GAAP revenue estimate to $212 million from $159.5 million, and earnings estimate to 26 cents per share from 3 cents.
** CBS OUTDOOR AMERICAS INC, $34.27, +3.72 pct
CBS Outdoor Americas said it would buy the billboard business from Van Wagner Communications LLC, a privately held company with outdoor advertising in New York's Times Square and on buses on the Las Vegas strip, for $690 million in cash.
** ROCK-TENN CO, $95.58, -4.37 pct
Macquarie cut its rating on the packaging company's stock to "neutral" from "outperform", according to StreetInsider.com. Separately, 10 brokerages have a "buy" or "outperform" rating on the stock, five have a "hold" rating and one has a "sell" rating.
** GOPRO INC, $42.7799, +3.26 pct
JPMorgan and Piper Jaffray started coverage of the action camera maker's stock with an "overweight" rating. Separately, Raymond James started coverage with a "market perform" rating, Barclays with "equal weight", Stifel with "hold" and Citigroup and Baird with "neutral." JPMorgan set a price target of $51 on GoPro's stock.
** ARENA PHARMACEUTICALS INC, $4.87, -1.62 pct
The drugmaker signed a deal with a unit of Teva Pharmaceuticals Industrials Ltd to sell Arena's obesity drug in Israel after it is approved for use there.
The drug, Belviq, was approved for use in the United States in June 2012.
** KEY ENERGY SERVICES, $6.92, -1.56 pct
Two brokerages cut their price targets on the oilfield service provider's stock to $10 from $11, as a result of the slower pace of U.S. activity due to permitting delays in California and lower customer activity levels.
** ALLERGAN INC, $170.76, +2.01 pct
The U.S. drugmaker, which is fighting off a hostile bid from Valeant Pharmaceuticals International Inc, said on Monday that it would cut 13 percent of its global workforce as part of a restructuring meant to boost profits over the next six year.
** HALLIBURTON CO, $71.03, +0.14 pct
North America's top oilfield services provider said it would add fracking equipment and crew to take advantage of higher demand in the region, signaling an industry-wide recovery after a two-year slump.
** REYNOLDS AMERICAN INC, $58.38, -0.46 pct
** LORILLARD INC, $60.88, -1.30 pct
** ALTRIA GROUP INC, $41.95, -0.52 pct
A Florida jury has awarded the widow of a chain smoker who died of lung cancer 18 years ago record punitive damages of more than $23 billion in her lawsuit against the second-biggest U.S. cigarette maker. [ID: nL2N0PV00D]
** MCDONALD'S CORP, $98.14, -0.86 pct
** YUM BRANDS INC, $74.74, -3.46 pct
Restaurant companies McDonald's and Yum Brands are facing a new food safety scare in China, denting the fast food giants' efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets.
** ABBVIE INC, $54.26, -1.18 pct
The U.S. drugmaker bought Dublin-based Shire Plc on Friday in a 32 billion pound ($54.7 billion) deal that will allow it to slash its tax bill by relocating to Britain.
** JUNIPER NETWORKS INC, $24.57, +2.38 pct
The network equipment maker's shares rose on Monday after Jesse Cohn, portfolio manager at Elliott Management, said the company's shares could rise 30 percent or more due to lower valuation relative to its peers and improving prospects, Barrons' magazine reported over the weekend
** KONINKLIJKE PHILIPS NV, $31.36, -1.01 pct
Philips said on Monday that it expects its core profit to rise in the second half of the year after cost-cutting measures, but said 2014 would still be a challenge. (Compiled By Shubhankar Chakravorty in Bangalore; Editing by Simon Jennings)