BUZZ-U.S. Stocks on the Move-CHC Group, Aastrom Biosciences, steel stocks
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The S&P and Dow were weaker on Friday as tensions in Ukraine escalated and investors got few clues about the course of interest rates from Federal Reserve Chair Janet Yellen. The Dow Jones industrial average was down 0.12 percent at 17,019.1, the S&P 500 was down 0.10 percent at 1,990.37 and the Nasdaq Composite was up 0.18 percent at 4,540.40.
** PEREGRINE SEMICONDUCTOR CORP, $12.41, +61.38 pct
Japan's Murata Manufacturing Co Ltd said it would buy the part of U.S. radio frequency chipmaker 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.
** WAFERGEN BIO-SYSTEMS INC, $4.6, -54.00 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...