BUZZ-U.S. STOCKS ON THE MOVE-Rite Aid, Clarcor, Verizon, Shopify

Thu Sep 17, 2015 11:30am EDT
 
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(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. stock indexes were little changed on Thursday, with investors reluctant to trade aggressively ahead of the Federal Reserve's interest rate decision later in the day. The Dow Jones industrial average was up 0.09 percent at 16,755.32, the S&P 500 was up 0.09 percent at 1,997.04 and the Nasdaq Composite was up 0.24 percent at 4,900.992.

** AERIE PHARMACEUTICALS INC $30.6831, +70.46 pct

The drugmaker said on Wednesday its experimental eye drop met the main goal of a late-stage study. The drug, Rhopressa, showed that it was not inferior to a commonly prescribed treatment, timolol, in reducing pressure inside the eye in patients suffering from glaucoma, or ocular hypertension, the company said.

At least five brokerages raised their price targets by as much as $18 to as high as $49.

** CABLEVISION SYSTEMS CORP, $32.879, +15.20 pct

European telecoms group Altice has agreed to buy the fourth-largest U.S. cable TV operator for a mix of cash and shares in a deal worth $17.7 billion, including debt.   Continued...