BUZZ-U.S. STOCKS ON THE MOVE-Eagle Bulk, InVivo, Proteostasis, Cree
(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) The S&P 500 and the Nasdaq were lower on Monday as declines in technology shares outweighed gains in energy and materials stocks. The Dow Jones industrial average was up 0.36 percent at 17,067.38, the S&P 500 was up 0.09 percent at 2,001.74 and the Nasdaq Composite was down 0.05 percent at 4,714.485.
** EAGLE BULK SHIPPING INC, $2.8, +117.05 pct
Lenders extended the expiry of a forbearance agreement with the dry bulk shipper to March 8 from March 4.
** CELLDEX THERAPEUTICS INC, $3.9779, -51.43 pct
The drug developer said it would discontinue a late-stage study of its brain cancer vaccine after an independent interim analysis suggested the therapy might not show a statistically significant difference in survival rates compared with chemotherapy.
** INVIVO THERAPEUTICS HOLDINGS CORP, $9.5756, +27.00 pct Continued...