December 4, 2014 / 3:03 PM / 3 years ago

BUZZ-U.S. Stocks on the Move-Tilly's, Enbridge, Express Inc

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U.S. stocks opened lower on Thursday after European Central Bank president Mario Draghi brushed off pressure to act and said the bank would reassess the impact of its monetary policy stimulus early next year and take further action, if necessary. The Dow Jones industrial average was down 0.23 percent at 17,871.3, the S&P 500 was down 0.21 percent at 2,069.95 and the Nasdaq Composite was up 0.14 pct at 4,780.12.

** CACHE INC, $0.3, +33.39 pct

The women's apparel retailer said it received an inquiry from a third party for potential sale of company. The company said its board will explore and evaluate strategic alternatives including possible merger or sale.

** KINDRED BIOSCIENCES INC, $6.29, -31.93 pct

The pet drug developer said it would stop developing its experimental atopic dermatitis drug, AtoKin, for dogs due to "the rapid uptake and success" of a recently launched rival product.

** PLUG POWER INC, $3.9301, +12.29 pct

** BALLARD POWER SYSTEM INC, $2.25, +6.13 pct

** FUELCELL ENERGY INC, $1.75, +4.79 pct

Plug Power signs a $20 million multi-year contract with a major North American telecommunications provider for fuel-cell systems and hydrogen services.

** TILLY'S INC, $9, +27.30 pct

The teen apparel retailer's third-quarter profit beat market estimates, helped by "slightly better teen retail environment".

** KROGER CO, $60.11, +2.47 pct

The biggest U.S. supermarket operator reported a 21 percent jump in quarterly profit, helped by the acquisition of Harris Teeter Supermarkets Inc, sending its shares up 5 percent in premarket trading.

** ENBRIDGE INC, $52.83, +10.34 pct

The largest Canadian pipeline raised quarterly dividend by 33 pct to 47 Canadian cents per share on Wednesday and says it will transfer C$17 bln ($14.96 bln) Canadian liquids pipelines assets and some renewable energy assets to Canadian affiliate.

** SINOCOKING COAL AND COKE CHEMICAL INDUSTRIES, $3.4901, +15.57 pct

The company said it started building second above-ground plant for conversion of carbon dioxide into clean-burning syngas. The plant is expected to double total syngas output to 50,000 cubic meters per hour and completed by end of March 2015.

** PETROBRAS SA, $8.93, -3.67 pct

Brazil's comptroller general opens cases on Wednesday against 8 engineering conglomerates, suspected of bribery and fraud in deals with Petrobras.

** BARNES & NOBLE INC, $19.64, -11.69 pct

The bookseller said it would buy Microsoft Corp's 17 percent stake in its Nook business. Barnes & Noble said its total revenue fell 2.6 percent to $1.69 billion in the second quarter.

** NEXTERA ENERGY INC, $103.63, -0.73 pct

** HAWAIIAN ELECTRIC INDUSTRIES, $32.79, +16.32 pct

U.S. power company NextEra Energy said it would buy Hawaiian Electric Industries, Hawaii's largest power supplier, for about $2.63 billion in cash and stock to expand its regulated holdings.

** EXPRESS INC, $12.86, -11.25 pct

The company's same-store sales fell 5 percent, more than the 2.5 percent fall expected by analysts. The apparel retailer also cut its full-year profit forecast to 69-76 cents per share from 85-95 cents.

** AVAGO TECHNOLOGIES LTD, $101.62, +6.82 pct

At least 10 brokerages raise price target by as much as $25 to as high as $125 after the company reported better-than-expected fourth-quarter revenue on Wednesday.

** CTI BIOPHARMA CORP, $2.235, +3.00 pct

The drug developer said it received $15 million in milestone payment from Teva Pharmaceutical on sales of cancer drug Trisenox.

** RYANAIR HOLDINGS, $68.57, +7.93 pct

Europe's largest low-cost carrier raised its profit forecast for the second time in a month on Thursday after passenger numbers jumped 22 percent in November, a rise which it said was due in part to the improvements it has made to its much-criticized customer service.

Low-cost airlines: Passenger numbers on the rise

** AEROPOSTALE INC, $2.44, -23.51 pct

The teen apparel retailer reported its eighth straight quarterly loss, hurt by higher discounts and falling demand, and said it would close about 75 stores in the current quarter.

** GILDAN ACTIVEWEAR INC, $50.77, -12.87 pct

The Canadian apparel maker's quarterly profit missed expectation, hurt by weaker-than-expected sales growth in its branded apparel business.

** MOBILEYE NV, $43.49, +4.02 pct

Deutsche Bank raises rating on the stock to "buy" from "hold", saying that company is exceeding expectations on contract wins based on industry research.

** ARRAY BIOPHARMA, $4.52, +15.60 pct

The company reached an agreement with Swiss drugmaker Novartis to regain rights to experimental cancer drug, binimetinib, currently being evaluated in three late-stage trials.

** UTI WORLDWIDE INC, $12.37, -10.88 pct

The logistics company said it held "exploratory" talks to be acquired by Nordic trucking company DSV A/S, denying a Bloomberg report that discussions were at an advanced stage.

** CLIFFS NATURAL RESOURCES INC, $8.1, -5.81 pct

The U.S. miner said it terminated $600 million cash tender offer and postponed debt refinancing, citing adverse market conditions. Securities tendered in these offers will not be accepted and no payment will be made.

** SEACHANGE INTERNATIONAL INC, $6.335, -9.63 pct

The video streaming products supplier lowered its full-year 2015 revenue forecast "due to the timing of revenue recognition associated with our multiscreen products and services previously anticipated in the fourth quarter," CFO says.

** WHITING PETROLEUM CORP, $39.61, -2.58 pct

** KODAK OIL AND GAS CORP, $7.02, -2.09 pct

Whiting Petroleum shareholders approved the company's all-stock buyout of Kodiak Oil and Gas on Wednesday, a deal that will make Whiting the largest oil producer in North Dakota.

Compiled by Amrutha Penumudi in Bengaluru; Editing by Sriraj Kalluvila

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