(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. stocks were set to dip at the open on Friday, setting indexes up for a full week of daily declines, as the dollar index added to the previous session's rebound ahead of a speech by Federal Reserve Chair Janet Yellen. Dow Jones industrial average futures were down 0.26 percent at 17,557, S&P 500 futures were down 0.20 percent at 2,044.5 and Nasdaq 100 futures were down 0.23 percent at 4,301.
** OHR PHARMACEUTICAL INC, Thursday close $8.73, -65.75 pct premarket
The company said its experimental eye drug failed the main goal in a mid-stage study as a combination therapy.
** DOW CHEMICAL CO, Thursday close $46.86, +4.35 pct premarket
** OLIN CORP, Thursday close $27.19, +27.69 pct premarket
Dow Chemical said it would separate most of its chlorine business and sell it to smaller rival Olin in a tax-efficient deal valued at about $5 billion.
** OREXIGEN THERAPEUTICS INC, Thursday close $7.25, +7.59 pct premarket
The drugmaker said on Thursday that the European Commission granted marketing authorization to the company’s obesity drug, Mysimba.
** BIOMARIN PHARMACEUTICAL INC, Thursday close $115.55, +7.84 pct premarket
Deutsche Bank raises price target on the stock to $140 from $90. Deutsche analysts said they see a potential M&A take out of about $194-$271 per share in one year, assuming the company’s bone disorder drug, muscle weakness drug and blood clotting drug show positive results.
** GAMESTOP CORP, Thursday close $38.79, -4.23 pct premarket
The company’s full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.
** BLACKBERRY LTD, Thursday close $9.3, +5.38 pct premarket
The Canadian smartphone maker posted better-than-expected quarterly earnings on Friday, offering signs its turnaround efforts may be beginning to gain traction, but a larger-than-expected drop in revenue gave investors cause for concern.
** AMAZON.COM, Thursday close $367.35, -0.13 pct premarket
The company is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter.
** CHEVRON CORP, Thursday close $105.25, -0.24 pct premarket
The U.S. energy firm is seeking to sell its entire stake in Caltex Australia Ltd for about A$4.6 billion ($3.6 billion), exiting Australia’s biggest refiner after nearly 40 years as falling oil prices and high costs hurt margins.
** ISRAEL CHEMICALS, Thursday close $7.01
The potash producer said on Friday it had made a C$137 million ($109.50 million) offer to buy Canada’s Allana Potash AAA.TO, a deal it hopes will accelerate development of a mine in Ethiopia.
** GOOGLE INC, Thursday close $563.64, -0.20 pct premarket
The company said it would pay its new chief financial officer, Ruth Porat, more than $70 million in the next two years through a combination of restricted stock units and a biennial grant.
The company hired Morgan Stanley CFO Porat as its finance chief earlier this week.
** AMERICAN APPAREL INC, Thursday close $0.7199
The former chief executive and founder of the company, Dov Charney, is claiming $40 million in damages for a breach of employment contract, his attorney said.
** APPLE INC, Thursday close $124.24, +0.05 pct premarket
Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth.
Fortune magazine cited the head of the world’s largest technology corporation as saying he planned to donate his estimated $785 million fortune to charity - after paying for his 10-year-old nephew’s college education.
** BUILDERS FIRSTSOURCE INC, Thursday close $6.18
The U.S. supplier of residential building products is in discussions to acquire peer ProBuild Holdings Inc for about $1.5 billion, including debt, three people familiar with the matter said on Thursday.
** CNOOC LTD, Thursday close $134.81, +0.55 pct premarket
China’s top offshore oil producer said on Friday its 2014 net profit rose 6.5 percent, beating forecasts, as cost cuts and higher output helped it offset the slide in global oil prices. (Compiled By Manya Venkatesh in Bengaluru; Edited by Maju Samuel)