BUZZ-U.S. Stocks on the Move-Tekmira, Zynga, CBS, NVIDIA, Solarcity
(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 rose at the open on Friday as optimism over the Russia-Ukraine crisis offset concerns about the implications of U.S. air strikes on Iraq. The Dow Jones industrial average was up 0.03 percent at 16,372.38, the S&P 500 was up 0.06 percent at 1,910.73 and the Nasdaq Composite was up 0.01 percent at 4,334.98.
** TEKMIRA PHARMACEUTICALS CORP, $17.08, +19.69 pct
The biotechnology company said on Thursday that the U.S. Food and Drug Administration had modified its clinical hold status on its experimental Ebola treatment to enable its potential use in humans infected with the virus.
** ZYNGA INC, $2.83, -3.08 pct
At least eight brokerages cut their price targets on the mobile gaming company's stock by as much as $2 to low of $2.83 on Thursday, after the company reported unexpectedly weaker second-quarter bookings and slashed its 2014 forecast after saying it had delayed several games including a revamped version of "Zynga Poker".
** SPECTRUM PHARMACEUTICALS INC, $7.47, +3.18 pct Continued...