June 25, 2015 / 12:55 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Cleveland Bio, Magnum Hunter, IAC/Interactive

(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. stock index futures were higher ahead of a bunch of data on Thursday, a day after a broad decline in markets due to concerns of a Greek debt default. Dow Jones industrial average futures were up 0.29 percent at 17,935, S&P 500 futures were up 0.27 percent at 2,105.25 and Nasdaq 100 futures were up 0.33 percent at 4,530.75.

** MOLYCORP INC, Wednesday close $0.3587, -33.09 pct premarket

The sole U.S. supplier of rare earths filed for Chapter 11 bankruptcy protection along with its North American subsidiaries to restructure $1.7 billion of debt in its U.S. and Canadian operations.

** CLEVELAND BIOLABS INC, Wednesday close $2.83, +103.53 pct premarket

The drug developer signed a private placement agreement with David Davidovich, a venture capital investor, for sale of 6.4 million common shares at $3.87/share for $25 million.

** MAGNUM HUNTER RESOURCES CORP, Wednesday close $1.75, +17.14 pct premarket

The oil and natural gas producer said it expected to raise $600-$700 million by selling its 45.53 percent stake in its natural gas gathering subsidiary, Eureka Hunter Holdings.

** IAC/INTERACTIVECORP, Wednesday close $77.26, +5.16 pct premarket

The media company, controlled by media mogul Barry Diller, said it planned to list its dating business, which includes dating website Match.com and mobile dating app Tinder.

** SUNEDISON SEMICONDUCTOR LTD, Wednesday close $19.2, -3.65 pct premarket

The chip equipment maker’s parent and top holder SunEdison Inc, No.4 holder Samsung Fine Chemicals Co Ltd and No.6 holder Samsung Electronics Co Ltd to sell remaining stakes.

** CREE INC, Wednesday close $30.56, -8.05 pct premarket

The company, which makes lighting and semiconductor products, said it would reduce manufacturing capacity at its light-emitting diode factory, as it struggles with a decline in prices, and take an $85 million restructuring charge.

** AETERNA ZENTARIS INC, Wednesday close $0.274, +5.84 pct premarket

The Canadian drug developer said UK-based drug developer Ergomed Plc will manage late-stage confirmatory study of Aeterna’s drug Macrilen used to evaluate growth hormone deficiency in adults.

** WINNEBAGO INDUSTRIES INC, Wednesday close $20.7, +6.28 pct premarket

The motorhome maker reported a 7.6 percent rise in quarterly revenue, helped by higher shipments.

** ACCENTURE PLC, Wednesday close $97.77, +1.87 pct premarket

The consulting and outsourcing company reported a 0.4 percent rise in third-quarter revenue, helped by growth in its North American businesses.

** GENERAL MOTORS CO, Wednesday close $35.16

The car maker said it plans to begin testing new Cisco Systems Inc technology that could allow “talking” cars to share radio communication bands with roadside Wi-Fi devices, a GM executive told U.S. lawmakers.

** JPMORGAN CHASE & CO, Wednesday close $69.02, +0.23 pct premarket

The bank is in talks with the U.S. Securities and Exchange Commission to settle a probe by the agency on whether the bank inappropriately advised its private-banking clients toward its own investment products, the Wall Street Journal reported, citing people familiar with the matter.

** INTEGRATED SILICON SOLUTION INC, Wednesday close $23.54

** CYPRESS SEMICONDUCTOR CORP, Wednesday close $12.36

The bidding war for the chipmaker intensified with rival chipmaker Cypress further sweetening its offer to $22.60 per share.

** ZIMMER HOLDINGS INC, Wednesday close $113.52

The orthopedic products maker said it closed a $14 billion deal to buy rival Biomet Inc on Wednesday shortly after winning U.S. antitrust approval on condition that it divest certain assets.

** MCDONALD’S CORP, Wednesday close $96.64

The burger chain said it is aiming to sell all of its 413 Taiwan-based stores to a franchise operator, as the U.S. fast-food chain looks to cut costs globally and turn around its flagging China business.

** GENERAL MILLS INC, Wednesday close $56.55

The maker of Cheerios cereal and Betty Crocker cake mixes said it would cut 675-725 jobs in its international business under a new restructuring plan aimed at cutting costs and speeding up growth.

** VENAXIS INC, Wednesday close $0.556

The diagnostic test maker said FDA reviewers needed more clinical data supporting revised intended use for blood testing system, APPY1. On Jan. 29, the agency did not find APPY1 to be “substantially equivalent” to standard of care.

** DAVITA HEALTHCARE PARTNERS INC, Wednesday close $80.19

The largest provider of dialysis services in the United States has agreed to pay $450 million to resolve claims that it violated the False Claims Act, the U.S. Justice Department said on Wednesday.

** AURICO GOLD INC, Wednesday close $2.89

Shareholders of Canada’s AuRico Gold and Alamos Gold on Wednesday voted in favor of a $1.5 billion merger, creating a mid-sized gold producer with operations in Canada and Mexico.

** VALE SA, Wednesday close $6.4

The Brazilian miner Vale SA could raise about $1.5 billion through the sale of a stake in one of its Brazil-based assets, a senior executive said on Wednesday.

Compiled by Anya George Tharakan in Bengaluru; Editing by Sriraj Kalluvila

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