BUZZ-U.S. STOCKS ON THE MOVE-Patriot National, Cellectar, Twitter
(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) Wall Street opened higher for the first time in five days on Wednesday as lower chances of an interest rate hike offered solace to investors amid jitters of Britain's possible exit from the European Union. Dow Jones industrial average futures were up 0.44 percent at 17,739, S&P 500 futures were up 0.42 percent at 2,083.25 and Nasdaq 100 futures were up 0.26 percent at 4,436.75.
** PATRIOT NATIONAL INC, $9.04, +30.64 pct
** EBIX INC, $48.7778, +2.22 pct
Software maker Ebix offered to buy the insurance outsourcing company for $9.50 per share.
** CELLECTAR BIOSCIENCES INC, $4.1499, +25.75 pct
The company said study results showed its experimental drug, CLR 1602, may be up to 30 times more tumor-selective in comparison to a commonly used chemotherapy called paclitaxel