January 26, 2015 / 6:23 PM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Heat Biologics, RiT, Post Holdings

(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 were little changed on Monday after a decisive Greek election victory by the leftist Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote. The Dow Jones industrial average was down 0.10 percent at 17,654.86, the S&P 500 was up 0.09 percent at 2,053.61 and the Nasdaq Composite was up 0.16 percent at 4,765.255.

** RIT TECHNOLOGIES LTD, $1.35, +40.63 pct

The Israeli data center management services provider signed a memorandum of understanding with Indian IT services provider Wipro Ltd to identify relevant projects in India.

** UNIVERSAL DISPLAY CORP, $31.27, +10.89 pct

Universal Display, one of the biggest suppliers of OLED materials, signed an OLED technology license agreement granting LG Display non-exclusive license rights under various patents owned or controlled by the company.

** OCWEN FINANCIAL CORP, $7.27, +14.49 pct

The mortgage servicer reached a $2.5 million settlement with the California Department of Business Oversight, which had threatened to suspend Ocwen’s license to operate in the state.

** HEAT BIOLOGICS INC, $5.4501, +33.26 pct

The drug developer said patient in early-stage trial experienced growth of killer T white blood cells, which destroy infected cells in the body, after being given Bacillus Calmette-Guerin vaccine followed by company’s drug HS-410.

** LEGACY RESERVES LP, $9.86, +13.59 pct

The oil and gas producer on Friday set 2015 capital budget of $30 million, lower than $130 million in 2014, in response to falling oil prices.

** LANNETT CO INC, $49.74, +8.89 pct

The generic drugmaker expects a profit of $1.18-$1.21 on revenue of about $115 million, above analysts’ average estimate for a profit of 92 cents per share on revenue of $97.5 million, according to Thomson Reuters I/B/E/S.

** GENERAC HOLDINGS INC, $47.88, +4.11 pct


The National Weather Service issued blizzard warning for New York City and surrounding areas about two days of winter storms on the East Coast.

** HIMAX TECHNOLOGIES INC, $8.9757, +12.48 pct

BofA Merrill Lynch analyst Daniel Heyler named the company as his top pick for 2015 in display ICs and raises price target on the stock to $12.50, according to thestreet.com. (bit.ly/1LbxuTJ)

** BROOKDALE SENIOR LIVING INC, $33.98, -7.44 pct

The senior living communities operator lowered its 2015 estimate for cash from facility operations to $2.60-$2.75 per share from $2.95-$3.10 per share.

** MOL GLOBAL INC, $2, +3.63 pct

The Malaysian e-payment provider signed a partnership agreement with Malaysian retailer Cosway Sdn Bhd to expand physical distribution network of its MOLReloads and e-commerce initiatives.

** CHINANET ONLINE HOLDINGS INC, $1.955, -4.63 pct

The Chinese advertising company said it was launching a mobile-based marketing service with Chinese search engine Baidu Inc.

** ROCKWELL MEDICAL INC, $10.4298, -3.52 pct

The U.S. Food and Drug Administration has approved company’s drug for treating iron loss in chronic kidney disease patients on dialysis.

** SEMGROUP CORP, $69.6, +8.65 pct

Hedge fund Sandell Asset Management Corp asked pipeline operator SemGroup to explore a sale among other options as energy companies look to pick up assets amid a steep fall in oil prices.

** MATTEL INC, $26.89, -4.10 pct

The maker of Barbie dolls and Fisher-Price preschool toys removed Chairman and Chief Executive Bryan Stockton and warned of a fifth straight fall in quarterly sales.

** ENERGY TRANSFER PARTNERS LP, $61.98, -5.14 pct

** REGENCY ENERGY PARTNERS LP, $25.46, +7.20 pct

Pipeline operator Energy Transfer Partners said it would buy affiliate Regency Energy for about $11 billion as master limited partnerships seek to simplify their complex holding structures.

** HEALTHWAYS INC, $21.82, +10.93 pct

The healthcare management company said on Sunday it retained J.P. Morgan Securities LLC to explore strategic alternatives.

** D.R. HORTON INC, $24.24, +4.94 pct

The largest U.S. homebuilder by number of homes sold reported a 37 percent rise in quarterly revenue as it delivered more homes.


The Israeli company said experimental stem cell therapy NurOwn brought about behavioral benefit in mice showing symptoms of autism.

** POST HOLDINGS INC, $47.03, +13.49 pct

The cereal maker said it would acquire privately held rival MOM Brands Co for about $1.15 billion in cash and stock to expand in the bagged and hot cereal categories.

** ROCK-TENN CO, $67.38, +6.97 pct

** MEADWESTVACO CORP, $51.72, +14.83 pct

Packaging companies Rock-Tenn and MeadWestvaco agreed to form a combined $16 billion company to take on market leader International Paper Co in the United States and abroad.

** SEAGATE TECHNOLOGY PLC, $58.715, -8.23 pct

The hard-drive maker’s revenue forecast for the current quarter fell well short of analyst estimates, largely due to weakness in Europe.

** DELHAIZE GROUP SA, $20.72, +7.19 pct

The Belgian supermarket group unveiled better-than-expected sales growth in the U.S. for the fourth quarter and a decline in Belgium, marred by industrial action, that was not as bad as feared.

** HEWLETT-PACKARD CO, $38.91, -2.92 pct

The hardware and software maker shuffles top management at Chinese networking gear making unit, H3C Technologies Co, following protests by workers, the Wall Street Journal reported. (on.wsj.com/1zONIyq)

** ELDORADO GOLD CORP, $5.52, -2.65 pct

** HARMONY GOLD MINING CO LTD, $2.87, -0.35 pct

** IAMGOLD CORP, $2.71, -3.90 pct

** ANGLOGOLD ASHANTI LTD, $10.69, -2.11 pct

** PRIMERO MINING CORP, $3.96, -4.35 pct

Gold fell as traders cashed in gains that took the metal to five-month highs last week, with the wider markets shrugging off news that an anti-austerity party won elections in Greece.

** FXCM INC, $2.45, +3.38 pct

The retail currency broker said late on Friday that it continued to operate in the normal course of business and that all of its entities have capital in excess of regulatory requirements.

** MYLAN INC, $56.38, +4.00 pct

** GILEAD SCIENCES INC, $107.12, +1.50 pct

Generic drugmaker Mylan and Gilead expanded contract to include non-exclusive rights to manufacture and distribute Gilead’s single tablet regimen of hep C drug Sovaldi and experimental agent GS-5816, once approved, in 91 developing countries. (Compiled by Anet Josline Pinto in Bengaluru; Edited by Maju Samuel)

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