July 9, 2015 / 3:30 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Aquinox, Anthera, oil & gas stocks

(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 rose on Thursday as trading returned to normal at the New York Stock Exchange and Beijing's efforts to halt a rout in Chinese stocks lifted markets around the world. The Dow Jones industrial average was up 0.93 percent at 17,678.7 and the S&P 500 was up 0.92 percent at 2,065.49.


The drug developer said its lead drug, compared to a placebo, failed in mid-stage trial to show efficacy in treating lung disease patients with history of frequent increase in exacerbations.

** PROCTER & GAMBLE CO, $81.35, +0.44 pct

** COTY INC, $29.87, -5.23 pct

Coty has sealed a deal to buy Procter & Gamble’s beauty business, which includes brands such as Clairol and Wella, in a $12.5 billon transaction that will make the perfume maker one of the world’s largest beauty companies.

** YY INC, $60.55, +3.77 pct

The company said Chairman Jun Lei and Chief Executive David Li offered to take the China-based video streaming website operator private in a deal that values the company at about $3.69 billion.

** E-COMMERCE CHINA DANGDANG INC, $6.76, +3.84 pct

The Chinese online book and media retailer said Chief Executive Guoqing Li and Chairwoman Peggy Yu Yu offered to take the company private.


The drug developer plans to offer shares to fund clinical R&D, but did not disclose the offering’s size or price.

** LIGHTBRIDGE CORP, $1.1, +5.77 pct

The nuclear fuel technology company signed a deal for irradiation testing of its advanced metallic nuclear fuel samples with the Institute for Energy Technology of Norway.

** ANTHEM INC, $159.1, -0.18 pct

** CIGNA CORP, $155.5, +3.36 pct

The health insurers were moving ahead to sign a merger deal as Cigna has backed down over governance issues, CNBC tweeted, citing sources.

** BLACKBERRY LTD, $7.875, +2.41 pct

The Canadian smartphone maker planned to roll out multiple models of Android-based smartphones in the second half of 2015, Digitimes reported, citing supply chain sources. (bit.ly/1KXeb0r)

** CITIGROUP INC, $53.94, +2.16 pct

** JPMORGAN CHASE & CO, $66.38, +1.45 pct

** BANK OF AMERICA CORP, $16.525, +1.69 pct

Banks stocks rose due to “overnight news about the China market doing better and expectations of a Greek crisis resolution,” Argus Research Corp analyst Stephen Biggar said.

** WALGREENS BOOTS ALLIANCE INC, $90.21, +5.01 pct

The largest U.S. drug store chain raised its full-year profit forecast as it benefits from higher sales and lower operating costs at its U.S. retail business.

** ALCOA INC, $10.769, +2.56 pct

The metals company reported a quarterly profit that missed expectations due to plunging primary aluminum prices on Wednesday, but revenue topped estimates on an ongoing drive to reduce reliance on the company’s legacy commodity business.

** LOCKHEED MARTIN CORP, $192.91, +1.50 pct

** TEXTRON INC, $44.06, +2.56 pct

Lockheed Martin and Textron have emerged as final contenders to buy United Technologies Corp’s Sikorsky Aircraft business, which could be valued at around $8 billion, according to people familiar with the matter.

** NOKIA OYJ, $6.53, +3.32 pct

Germany’s big car makers have reached a stand-off with Nokia in their joint bid to buy the Finnish company’s maps business HERE, while rival offers appear to be unravelling, sources familiar with the process said.

** SWIFT ENERGY CO, $1.45, +6.62 pct

** ENERGY XXI LTD, $2.3949, +6.44 pct

** COMSTOCK RESOURCES INC, $2.29, +7.51 pct

** HERCULES OFFSHORE INC, $0.2142, +12.74 pct

** SEADRILL LTD, $9.72, +2.53 pct

U.S.-listed shares of oil and gas companies rose as supportive economic data from Germany, firmer stock markets and strong gasoline demand lift oil prices.

** WD-40 CO, $83.89, -5.55 pct

The cleaning spray maker cut its full-year profit and sales forecast for the second time this year, citing stronger dollar and lower sales in eastern Europe and Asia-Pacific. (Combined by Anet Josline Pinto in Bengaluru; Edited by Maju Samuel)

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