BUZZ-U.S. STOCKS ON THE MOVE-Lipocine, Shire, Eclipse Resources
(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 index futures were higher for a second day as the initial panic surrounding Britain's vote to leave the European Union settled and investors sought out bargains. Dow Jones industrial average futures were up 0.62 percent at 17,409, S&P 500 futures were up 0.63 percent at 2,041.25 and Nasdaq 100 futures were up 0.63 percent at 4,308.
** TESARO INC, Tuesday close $37.21, +65.92 pct premarket
The cancer drug maker said its ovarian cancer drug met the main goal of prolonging survival in patients, without the disease worsening, in a late-stage trial.
** LIPOCINE INC, Tuesday close $6.27, -50.08 pct premarket
The drugmaker said its oral testosterone replacement product did not get the approval in the United States.
** SHIRE PLC, Tuesday close $171, +3.39 pct premarket Continued...