BUZZ-U.S. STOCKS ON THE MOVE-Aduro, Galmed, 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, fueled by gains in the energy sector and speculation that upcoming first-quarter earnings reports might not be quite as bad as previously thought. The Dow Jones industrial average was up 0.59 percent at 18,142.23 and the S&P 500 was up 0.72 percent at 2,111.
** INTEL CORP, $32.9, +4.48 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, $35.97, +111.59 pct
The cancer immunotherapy company's shares more than 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, $0.9051, +68.77 pct Continued...