October 1, 2014 / 1:08 PM / 3 years ago

BUZZ-U.S. Stocks on the Move-Ebola drug developers, Westport, Mechel

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures pointed to a lower open on Wednesday, as caution arose following the first diagnosis of a patient in the United States with Ebola. Dow Jones industrial average futures were down 0.17 percent at 16,937, S&P 500 futures were down 0.24 percent at 1,960.75 and Nasdaq 100 futures were down 0.33 percent at 4,031.5.

** TEKMIRA PHARMACEUTICAL CORP, Tuesday close $21.14, +27.72 pct premarket

** BIOCRYST PHARMACEUTICALS INC, Tuesday close $9.78, +6.34 pct premarket

** SAREPTA THERAPEUTICS INC, Tuesday close $21.1, +4.98 pct premarket

** NEWLINK GENETICS CORP, Tuesday close $21.42, +10.08 pct premarket

** LAKELAND INDUSTRIES INC, Tuesday close $6.95, +12.95 pct premarket

Shares of several pharmaceutical companies with potential Ebola treatments jumped after the U.S. Centers for Disease Control and Prevention confirmed on Tuesday the first case of the virus diagnosed in the country.

Shares of Lakeland Industries, which makes protective clothing for healthcare and first responders, also jumped.

** MECHEL OAO, Tuesday close $1.13, +24.78 pct premarket

VTB Bank will drop a lawsuit against the Russian coal and steel producer if agreement over debt is reached, the Russian bank’s head Andrei Kostin said. VTB Bank filed a $77-million lawsuit against Mechel last week.

** ANGIE‘S LIST INC, Tuesday close $6.37, +19.00 pct premarket

The online review company is exploring options including sale, Financial Times reported.

** WESTPORT INNOVATIONS INC, Tuesday close $10.51, -25.02 pct premarket

The Canadian auto parts maker cut its 2014 revenue forecast to $130-$140 million, below analysts’ expectations of $178.7 million. The company also said it expects adjusted loss before interest, tax, depreciation and amortization at three operating businesses this year.

** SPHERIX INC, Tuesday close $1.56, -23.08 pct premarket

The company, which buys and licenses technology patents, said a court hearing for its lawsuit against cordless telephone makers VTech Holdings Ltd and Uniden Corp has been rescheduled to Nov. 10 from Oct. 2. Spherix sued the companies for patent infringement in September last year, after acquiring the related patents from Rockstar Consortium US LP.

** REGAL ENTERTAINMENT GROUP, Tuesday close $19.88

** AMC ENTERTAINMENT HOLDINGS INC, Tuesday close $22.99

U.S. theater chain Regal Entertainment said it would not show the sequel to “Crouching Tiger, Hidden Dragon” in any of its IMAX theaters, objecting to a move by IMAX Corp and Netflix to side step a normal theater release.

AMC Entertainment, which manages about 150 IMAX theaters in the United States, also refused to premiere the sequel, joining the list of Regal and Cinemark, the Hollywood reporter said.

** MICROSOFT CORP, Tuesday close $46.36, -0.54 pct premarket

The internet company announced its ‘Windows 10’ operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers.

** BOEING CO, Tuesday close $127.38, +0.02 pct premarket

The U.S. Federal Aviation Administration is requiring airlines to replace cockpit displays on more than 1,300 Boeing airplanes to avoid interference from Wi-Fi and cellular devices.

** AMAZON.COM INC, Tuesday close $322.44, -0.41 pct premarket

** WALT DISNEY CO, Tuesday close $89.03

Amazon.com appears to be close to settling a nearly two-month dispute with Walt Disney Co during which Amazon stopped offering Disney DVDs for preorder, the Wall Street Journal reported on Tuesday.

** JPMORGAN CHASE & CO, Tuesday close $60.24, -0.23 pct premarket

A federal judge on Tuesday said JPMorgan must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of $10 billion of mortgage-backed securities it sold before the financial crisis.

** JOHNSON & JOHNSON, Tuesday close $106.59, -0.69 pct premarket

The diversified healthcare company agreed to pay $1.75 billion in cash to buy privately held Alios BioPharma Inc, which is developing a drug for a common respiratory viral infection in children for which there is no approved treatment.

** AMERICAN APPAREL INC, Tuesday close $0.82

The retailer’s board is increasingly open to letting its ousted founder, Dov Charney, stay at the company, Bloomberg reported, citing people familiar with the matter.

** BANK OF NEW YORK MELLON CORP, Tuesday close $38.73, +0.00 pct premarket

The bank will exit the derivatives sales and trading business that operates as part of the company’s global markets group.

** RETROPHIN INC, Tuesday close $9.02

The drugmaker said it fired founder and Chief Executive Martin Shkreli effective immediately, the second top level change at the drugmaker this month.

** CHINA GREEN AGRICULTURE INC, Tuesday close $1.98, +11.11 pct premarket

The Chinese fertilizer producer said on Wednesday it would pay first cash dividend of 10 cents per share to its shareholders. China Green said the dividend payable represents total payment of about $3.3 million to stockholders.

** ARDELYX INC, Tuesday close $14.21, +0.00 pct premarket

The drug maker said its experimental drug to treat constipation-related irritable bowel syndrome achieved the main goal of increasing bowel movement compared to a placebo in a mid-stage study involving 371 patients.

** KEURIG GREEN MOUNTAIN INC, Tuesday close $130.13, +0.00 pct premarket

Canada’s Club Coffee said it was suing K-cup coffee pod maker Keurig Green Mountain for engaging in anti-competitive measures to maintain a near monopoly and keep single-serve coffee prices artificially high.

** ARCHER DANIELS MIDLAND CO, Tuesday close $51.1

The agribusiness company strengthened its hand in the global grains marketplace by acquiring a stake in a second export terminal in the U.S. Pacific Northwest, a vital gateway for U.S. agricultural shipments to Asia.

** ENDO INTERNATIONAL PLC, Tuesday close $68.34, +0.00 pct premarket

The specialty healthcare company said on Tuesday it had reached agreements to settle up to 20,000 legal claims from women who said they were harmed by transvaginal mesh devices, ending nearly all of the U.S. cases against it and its American Medical Systems unit.

** EBAY INC, Tuesday close $56.63, -2.53 pct premarket

At least four brokerages cut their ratings on the online retailer’s stock, a day after the company said it would spin off PayPal next year.

** CHINANET ONLINE HOLDINGS INC, Tuesday close $3.35, -1.19 pct premarket

The Chinese advertising company said on Wednesday its stock price regained compliance with Nasdaq’s listing rule. The Nasdaq had sent a letter to ChinaNet in June as its stock failed to maintain closing bid price of $1 or above for 30 days, as required by exchange rules.

** PORTOLA PHARMACEUTICALS INC, Tuesday close $25.28, +1.66 pct premarket

The company said its drug met the main goal of reversing the effect of anti-coagulant drugs in a late-stage study.

** EXPRESS SCRIPTS HOLDING CO, Tuesday close $70.63, +0.00 pct premarket

The largest U.S. pharmacy benefit manager said its two Medicare Part D prescription drug plans would be available at Walgreen Co as part of Express Scripts’ preferred pharmacy network. (Compiled by Anannya Pramanick; Editing by Maju Samuel)

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