April 27, 2015 / 12:32 PM / in 2 years

BUZZ-U.S. STOCKS ON THE MOVE-Celladon, LSB Industries, Marvell

(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. stock index futures were up slightly on Monday after the Nasdaq Composite and S&P 500 chalked up record high closes on Friday and ahead of Apple Inc's results after the close. Dow Jones industrial average futures were up 0.29 percent at 18,070, S&P 500 futures were up 0.21 percent at 2,116.25 and Nasdaq 100 futures were up 0.34 percent at 4,544.75.

** CELLADON CORP, Friday close $13.68, -73.98 pct premarket

Data showed that the gene therapy developer’s sole therapy in development, Mydicar, failed a key trial in patients with heart failure, leaving company “surprised and very disappointed.”

** RESTAURANT BRANDS INTERNATIONAL INC, Friday close $41.57, +0.96 pct premarket

The company formed out of Burger King’s takeover of Canadian coffee and doughnut chain Tim Hortons last year, said its loss narrowed in the first quarter compared with the fourth quarter of 2014.

** NOVO NORDISK A/S, Friday close $56.65, +1.87 pct premarket

Barclays raised its price target on the drugmaker’s shares to 448 DKK ($65) from 395 DKK.

** LSB INDUSTRIES INC, Friday close $44.67, +4.10 pct premarket

The chemical and climate control products maker would split chemicals and climate control units after pressure from activist shareholder Starboard Value LP.

** IGATE CORP, Friday close $45.85, +3.42 pct premarket

French IT services company Cap Gemini SA said it planned to buy United States-based IGATE for $4 billion to make North America, its biggest market, and is raising its sales forecast for 2015 after a solid first quarter.

** APPLIED MATERIALS INC, Friday close $21.8, -6.19 pct premarket

Applied Materials Inc and Tokyo Electron Ltd said they have given up plans to merge in a deal that would have been worth more than $10 billion, citing problems in getting approval from U.S. antitrust regulators.

** BARCLAYS PLC, Friday close $15.98, -0.50 pct premarket

The British bank failed to persuade a U.S. judge to dismiss a lawsuit accusing the British bank of defrauding shareholders about a private “dark pool” trading platform even as it was publicly pledging to clean up its corporate culture.

** MARVELL TECHNOLOGY GROUP LTD, Friday close $14.305, -4.23 pct premarket

The chipmaker cut its first-quarter revenue forecast to $710 million-$740 million from $810 million-$830 million, citing lower-than-expected demand from personal computer and storage markets and from emerging markets.

** AKORN INC, Friday close $55.24, -12.24 pct premarket

The generic drug maker said it may not be able to file its first-quarter results on time and added it would restate its financial statements for the second, third and fourth quarters and the full year of 2014 as some errors were identified during the first-quarter financial review process.

** ICICI BANK LTD, Friday close $10.16, -1.57 pct premarket

India’s biggest private sector lender by assets said it expected the new financial year to be better in terms of bad loans, after reporting an increase in sour assets in its fiscal fourth quarter.

** DEUTSCHE BANK, Friday close $34.26, -4.29 pct premarket

The German bank’s biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late. (Compiled by Avik Das in Bengaluru; Editing by Joyjeet Das)

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