(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) Wall Street was little changed on Thursday as a fall in energy stocks dampened spirits in a shortened trading session on Christmas eve. Dow Jones industrial average was down 0.05 percent at 17,593.7, the S&P 500 was up 0.08 percent at 2,065.84 and the Nasdaq Composite was up 0.28 percent at 5,060.
** MBIA INC, $6.77, +8.49 pct
** ASSURED GUARANTY, $27.44, +2.50 pct
Puerto Rico’s struggling electric power utility PREPA said on Wednesday it agreed a deal with creditors - including holdout bond insurers - on a restructuring of its debt, a move seen as key to fixing the island’s faltering economy. MBIA and Assured Guaranty are PREPA’s bond insurers.
** BILL BARRETT CORP, $4.27, -10.11 pct
** SOUTHCROSS ENERGY PARTNERS LP, $3.97, -3.64 pct
** AZURE MIDSTREAM PARTNERS, $3.66, -8.04 pct
** DENBURY RESOURCES INC, $2.345, -5.06 pct
** CALIFORNIA RESOURCES CORP, $2.315, -2.32 pct
** WHITING PETROLEUM CORP, $10.2, -4.23 pct
Shares of oil and gas producers and services providers remained low on Christmas as oil remained within sight of an 11-year low even after edging above $37/barrel
** NIKE INC, $63.17, -1.84 pct
The sportswear retailer’s 2-for-1 share split comes into effect on Thursday. The stock had an adjusted close of $64.3550 on Wednesday.
** PATRIOT NATIONAL, $8.4, +20.52 pct
The provider of tech and outsourcing to insurance companies agreed to buy back all of its 1.67 million shares issued to certain institutional investors on Dec. 16 for about $20 million with no dilution to shareholders.
** RELYPSA INC, $29, +3.83 pct
** ASTRAZENECA PLC, $34.2, +0.71 pct
The Daily Mail reported rumors that British drugmaker AstraZeneca was interesting in buying the tiny U.S. drug developer. The story noted talk of an offer worth $46 per share.
** ALLIED MOTION TECHNOLOGIES INC, $27.01, +25.57 pct
The maker of motion control products said it would buy Germany-based Heidrive GmbH - a maker of motors, gears and electronic controls - for 20 million euros ($21.89 million).
** SUNEDISON INC, $5.95, +10.39 pct
The solar company said it is in talks with lenders to secure a $650 mln second lien credit facility, a part of which would be used to repay an existing facility.
** FREEPORT-MCMORAN INC, $7.61, +2.15 pct
The U.S. miner that was targeted by activist investor Carl Icahn earlier this year is planning to run an auction process for its oil and gas assets in early 2016, according to people familiar with the matter.
** GW PHARMACEUTICALS PLC, $68.1, +1.49 pct
Reputed journal The Lancet Neurology published positive data on the British drugmaker’s experimental cannabis-derived treatment for epilepsy, saying the treatment reduced seizure frequency across drug-resistant epilepsy symptoms and was well tolerated.
** HYATT HOTELS CORP, $48.44, -1.86 pct
Hyatt Hotels said on Wednesday that its payment processing system was infected with credit-card-stealing malware in an attack discovered three weeks ago, the latest in a series of breaches at hospitality firms.
** FERRARI NV, $46.95, -0.21 pct
** FIAT CHRYSLER AUTOMOBILES NV, $14.26, +0.28 pct
The top two investors in Ferrari have signed a shareholder pact giving them a total voting power of nearly 50 percent to keep firm grip on the sports car maker after it separates from Fiat Chrysler.
** STAPLES INC, $9.62, +0.94 pct
** OFFICE DEPOT INC, $5.6, +1.45 pct
Staples accused federal regulators of applying antitrust laws in a “misguided” way to try to block its $6.3 billion merger with smaller office supply retailer Office Depot.
** AMAYA INC, $12.45, -6.81 pct
Canadian gaming company Amaya has been ordered by a Kentucky court to pay $870 million in penalties to cover alleged losses by the state’s residents who played real-money poker on PokerStars’ website between 2006 and 2011.
** PEP BOYS - MANNY MOE & JACK, $17.53, +0.75 pct
Activist investor Carl Icahn is willing to pay as much as $1 billion for the U.S. auto parts retailer to it from rival bidder Japanese tire maker Bridgestone Corp, which has until 5.00 p.m. ET on Thursday to make another proposal.
Compiled by Shubhankar Chakravorty in Bengaluru; Editing by Savio D'Souza