BUZZ-U.S. STOCKS ON THE MOVE-Aeterna Zentaris, Valeant, Golar LNG

Fri Jul 1, 2016 11:34am 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) Wall Street was higher in late-morning trading on Friday as increased prospects of central bank stimulus around the world bolstered investor confidence. The Dow Jones Industrial Average was up 0.20 percent at 17,965.74, the S&P 500 was up 0.26 percent at 2,104.39 and the Nasdaq Composite was up 0.49 percent at 4,866.511.

** MICRON TECHNOLOGY INC, $12.53, -8.94 pct

The memory-chip maker said it would lower costs, including by cutting jobs and focusing on fewer programs, after its hopes of reversing its fortunes this year were thwarted by a persistently challenging market.

** AETERNA ZENTARIS INC, $3.6613, +12.31 pct

The drug developer said it signed a license agreement with Orient EuroPharma's unit for commercializing its lead experimental anti-cancer drug, Zoptrex, in Taiwan and nine countries in Southeast Asia.

** TESLA MOTORS INC, $212.94, +0.31 pct

** MOBILEYE NV, $47.04, +1.95 pct   Continued...