BUZZ-U.S. STOCKS ON THE MOVE-Aduro, Molycorp, energy stocks, XBiotech
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks rose on Wednesday led by gains in the energy sector as crude prices jumped and as earnings from major companies beat lowered expectations. The Dow Jones industrial average was up 0.29 percent at 18,089.58 and the S&P 500 was up 0.42 percent at 2,104.68.
** INTEL CORP, $32.945, +4.62 pct
The chipmaker forecast revenue broadly in line with Wall Street's expectations and signaled a hefty cut in capital expenditures this year.
** ADURO BIOTECH INC, $34.6, +103.53 pct
The cancer immunotherapy company's shares double after pricing upsized offering. The company offered 7 million shares, up from 5 million, at $17, above original filed range of $14-$16.
** MOLYCORP INC, $0.9045, +68.66 pct Continued...