CORRECTED-BUZZ-U.S. Stocks on the Move-Peregrine Semi, Wafergen, CHC Group

Fri Aug 22, 2014 1:07pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Corrects Wafergen Bio-Systems item to say the stock was down, not up) (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. stocks were little changed on Friday, in the wake of comments from Federal Reserve Chair Janet Yellen. The Dow Jones industrial average was down 0.19 percent at 17,006.79, the S&P 500 was down 0.19 percent at 1,988.57 and the Nasdaq Composite was up 0.15 percent at 4,538.74.

** PEREGRINE SEMICONDUCTOR CORP, $12.375, +60.92 pct

Japan's Murata Manufacturing Co Ltd said it would buy the part of U.S. radio frequency chipmaker Peregrine it does not already own for $465 million in cash, as it looks to strengthen its RF business.

The offer price of $12.50 per share is at a premium of 62.5 percent to Peregrine's Thursday close of $7.69.

** WAFERGEN BIO-SYSTEMS INC, $4.74, -53.00 pct

The lifescience company issued 4 million shares and warrants to buy 4 million shares for net proceeds of $18 million. The offering was priced at $10,000 per unit, with each unit comprising 2,000 shares and 2,000 warrants.   Continued...