December 16, 2015 / 3:11 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Advaxis, Array Biopharma, Honeywell

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter, Wall Street opened higher on Wednesday ahead of a widely expected hike in interest rates by the Federal Reserve later in the day. The Dow Jones industrial average was up 0.64 percent at 17,637.22, the S&P 500 was up 0.57 percent at 2,055.04 and the Nasdaq Composite was up 0.50 percent at 5,020.5.

** CHINA FINANCE ONLINE CO LTD, $6.13, +34.43 pct

The web-based financial services company reported a net income for the third quarter, compared with a loss a year earlier, helped by strong revenue from its financial services business.

** ADVAXIS INC, $11.04, +33.01 pct

The drug developer said on Wednesday the U.S. Food and Drug Administration lifted a clinical hold on three of its experimental cancer therapies.

** ARRAY BIOPHARMA INC, $4.79, +25.07 pct

The company said its experimental drug helped patients with a form of melanoma live longer without their cancer progressing, in an ongoing late-stage study.

** SUNEDISON INC, $5.99, +21.01 pct

** TERRAFORM POWER INC, $13.4, +8.15 pct

** SUNRUN INC, $11.389, +20.01 pct

** SOLARCITY CORP, $50.03, +24.92 pct

** SUNPOWER CORP, $28.24, +15.64 pct

** FIRST SOLAR INC, $64.78, +8.27 pct

Solar companies’ stocks set for the third straight day of gains after the Paris climate agreement. Renewable energy companies are expected to see big upticks in investments to develop new technologies. The solar industry also boosted by an expected extension of investment tax credits beyond 2016 and a California Public Utilities Commission proposal to continue solar customer credits for electricity they contribute to utility grid.


The Canadian drugmaker cut its revenue and profit forecasts for 2015, but said it still expected double-digit percentage sales growth through higher volumes in 2016. nL3N1453RF]

** NORTHROP GRUMMAN CORP, $188.37, +0.28 pct

The company riding high after its selection to build the next U.S. long-range bomber, says it is investing heavily and hiring workers as part of a focused plan to unveil at least one “big, bold and ingenious” new technology each year.

** HONEYWELL INTERNATIONAL INC, $102.46, +4.05 pct

The aircraft equipment maker said it expects 2016 sales to rise 4-6 pct to $39.9 billion-$40.9 billion and profit to grow 6-10 percent to $6.45-$6.70 per share.

** FORD MOTOR CO, $14.13, +1.87 pct

The company said on Tuesday it secured a permit from California to begin testing its self-driving car on public roads from next year. (Compiled by Rosmi Shaji in Bengaluru; Edited by Don Sebastian)

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