BUZZ-U.S. STOCKS ON THE MOVE-Esperion, Lipocine, Tesaro, Eclipse
(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 was set to open higher for the second day on Wednesday as the initial panic surrounding Britain's vote to leave the European Union settled and investors sought bargains among beaten-down stocks. Dow Jones industrial average futures were up 0.75 percent at 17,430, S&P 500 futures were up 0.74 percent at 2,043.5 and Nasdaq 100 futures were up 0.75 percent at 4,313.
** TESARO INC, Tuesday close $37.21, +76.03 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, -54.86 pct premarket
The drugmaker said its oral testosterone replacement product did not get the approval in the United States.
** SHIRE PLC, Tuesday close $171, +3.68 pct premarket Continued...