CORRECTED-BUZZ-U.S. Stocks on the Move-Peregrine Semi, Wafergen, CHC Group
(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, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)
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...