February 8, 2016 / 1:21 PM / 2 years ago

CORRECTED-BUZZ-U.S. STOCKS ON THE MOVE-Apollo Education, ArcelorMittal, CTi, ARM

(Corrects Consol Energy item Corrects first paragraph to say Lanigan is the former CEO of Southeast Asset Advisors, not the CEO of Southeastern Asset Management. The error also appeared in a previous edition of U.S. STOCKS ON THE MOVE) U.S. stock index futures were lower on Monday, with the Dow Jones industrial average slipping nearly 200 points, as fears of a global economic slowdown worsening rattle investors. Dow Jones industrial average futures were down 1.39 percent at 15,906, S&P 500 futures were down 1.49 percent at 1,847.25 and Nasdaq 100 futures were down 2.27 percent at 3,930.75.

** CTI BIOPHARMA CORP, Friday close $1.12, -47.32 pct premarket

The drug developer says the U.S. FDA has placed a partial clinical hold on studies for its lead cancer drug, pacritinib.

** BIOCRYST PHARMACEUTICALS INC, Friday close $6.14, -64.66 pct premarket

The drug developer said its lead drug failed to reduce the frequency of recurrent swelling in patients with hereditary angioedema, a rare genetic condition.

** HASBRO INC, Friday close $74.1, +0.40 pct premarket

The company reported its biggest jump in quarterly revenue in nearly five years, beating analysts' estimates by a wide margin, driven by demand for toys based on the "Star Wars: The Force Awakens" and "Jurassic World" movies.

** DIAMOND OFFSHORE DRILLING INC, Friday close $18.85

** LOEWS CORP, Friday close $36.29, -5.87 pct premarket

** CNA FINANCIAL CORP, Friday close $32.47

Diamond Offshore, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as cost cutting pays off, and the company said it was suspending its dividend to add to cost savings.

Loews, which owns a majority stake in Diamond Offshore, swung to a loss in the fourth quarter. Loews, controlled by New York's wealthy Tisch family was hurt by a $499 million impairment charge at Diamond Offshore and lower revenue from its insurance business, CNA Financial.

** CONSOL ENERGY INC, Friday close $9.1, -2.20 pct premarket

The company said it nominated Bernard Lanigan, former chief executive of Southeast Asset Advisors, for election to its board.

** BRIXMOR PROPERTY GROUP INC, Friday close $26.42

The company said three of its top officers, including its chief executive, had resigned after an internal accounting review showed discrepancies in the company's financial statements.

** TAHOE RESOURCES INC, Friday close $8.4

The Canadian miner said it would buy Canada's Lake Shore Gold Corp for about C$751 million ($539.63 million) to add low-cost gold mines in Ontario to its portfolio.

** COGNIZANT TECHNOLOGY SOLUTIONS CORP, Friday close $58.54, -7.76 pct premarket

The IT services provider reported a 17.9 percent rise in quarterly revenue, boosted by higher-spending healthcare and financial sector clients in North America.

** APOLLO EDUCATION GROUP INC, Friday close $6.95, +27.19 pct premarket

The owner of the University of Phoenix said on Monday it would be taken private by a consortium in a deal valued at $1.1 billion.

** VALERO ENERGY CORP, Friday close $57.12, -2.82 pct premarket

** PHILLIPS 66, Friday close $78.33

The companies say they are in "max gasoline mode," pumping out as much as they can as a mild winter, economic uncertainty and a stinging slump in oil drilling squeezed U.S. diesel demand. The largest U.S. independent refiners are bullish on domestic gasoline demand as super-cheap fuel and the lure of bigger vehicles entice more consumers.

** VIMPELCOM, Friday close $3.45

EU antitrust regulators will decide by March 11 whether to allow CK Hutchison Holdings Ltd and Vimpelcom to merge their Italian mobile operations, marking the Hong Kong group's second European telecoms deal under EU review.

** ALLERGAN PLC, Friday close $273.8, -1.06 pct premarket

A federal judge on Friday said Allergan's planned generic version of a drug meant to treat epilepsy infringed patents belonging to Supernus Pharmaceuticals Inc.

** BUFFALO WILD WINGS INC, Friday close $142.08, -1.41 pct premarket

One positive case of norovirus related to an investigation at restaurant chain operator Buffalo Wild Wings has been confirmed, the Kansas health department's Johnson County office said on Friday.

** TWITTER, Friday close $15.72, -3.50 pct premarket

The hashtag #RIPTwitter became the top trending U.S. item on Twitter on Saturday, after a report from BuzzFeed said the company is planning to change how it displays users' tweets.

** ASTRAZENECA PLC, Friday close $30.03, -3.56 pct premarket

HSBC cuts rating on the drugmaker to "hold" from "buy", saying "concerns over portfolio strategy and a near-term lack of growth may outweigh the longer-term potential in investors' minds".

** ARCELORMITTAL, Friday close $3.73, -5.63 pct premarket

Berenberg cuts its rating on the stock, saying it did not expect a $3 bln capital increase so early. ArcelorMittal launched plans on Friday for a $3 billion share issue to help reduce debt and cut costs.

** ARM HOLDINGS, Friday close $42.28, -5.04 pct premarket

Royalty expectations for 2016 seem a bit high, says Credit Suisse - which is rated at five stars for recommendation accuracy on ARM, according to StarMine. (Compiled by Rosmi Shaji in Bengaluru; Editing by Maju Samuel)

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