July 1, 2016 / 5:57 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Harley-Davidson, Netflix, Randolph

(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 extended their gains and were up for the fourth straight day on Friday as strong manufacturing data boosted prospects for an improvement in the economy. The Dow Jones Industrial Average was up 0.10 percent at 17,948.55, the S&P 500 was up 0.14 percent at 2,101.82 and the Nasdaq Composite was up 0.32 percent at 4,858.094.

** MICRON TECHNOLOGY INC, $12.41, -9.81 pct

The memory-chip maker said it would lower costs, including by cutting jobs and focusing on fewer programs, after its hopes of reversing its fortunes this year were thwarted by a persistently challenging market.

** HARLEY-DAVIDSON INC, $50.69, +11.90 pct

Shares of the company soared on unsubstantiated deal chatter. The motorcycle maker did not immediately respond to a request for comment.

** NETFLIX INC, $96.06, +5.01 pct

Canaccord Genuity started the video streaming company’s stock rating with “buy” and $120 PT and said there is a long runway for international subscription growth in the fourth quarter and beyond.

** AETERNA ZENTARIS INC, $3.68, +12.88 pct

The drug developer said it signed a license agreement with Orient EuroPharma’s unit for commercializing its lead experimental anti-cancer drug, Zoptrex, in Taiwan and nine countries in Southeast Asia.

** RANDOLPH BANCORP INC, $12.21, +22.10 pct

The bank’s shares jumped in market debut. The stock opened at $12.16 per share, 21.6 percent above IPO price of $10 per share.

** ACCELERATE DIAGNOSTICS INC, $15.81, +9.87 pct

The diagnostics company’s director Jack Schuler bought 90,147 shares of its common stock on June 29 and 30.

** TESLA MOTORS INC, $213.5626, +0.60 pct

** MOBILEYE NV, $46.71, +1.24 pct

** INTEL CORP, $32.79, -0.03 pct

At least one analyst said that initial reaction to the first fatality involving Tesla Model S car’s Autopilot system was based more on perception than reality.

Collision detection specialist Mobileye is expected to be part of an alliance with BMW and Intel to develop self-driving cars.


AstraZeneca Plc terminated its licensing deal with the Canadian drugmaker on its experimental psoriasis drug, brodalumab, and sold the rights to that drug in Europe to LEO Pharma.

** WILLIAMS COS INC, $20.36, -5.87 pct

** ENERGY TRANSFER EQUITY LP, $13.57, -5.57 pct

Pipeline operator Williams Cos appointed Kathleen Cooper its chairman, replacing Frank MacInnis, two days after Energy Transfer Equity scrapped an over $20 billion deal to buy the company. ok

** GOLAR LNG LTD, $16.65, +7.42 pct

DNB Markets upgraded the natural gas shipping company’s stock to “buy” from “hold”, according to thefly.com.

** BARRICK GOLD CORP, $22, +3.04 pct

** NEWMONT MINING CORP, $40.04, +2.35 pct

** KINROSS GOLD CORP, $5.27, +7.77 pct

** FIRST MAJESTIC SILVER CORP, $14.43, +6.26 pct

** SILVER WHEATON CORP, $24.78, +5.31 pct

Gold and silver miners’ U.S.-listed shares were up after precious metal prices rose. Gold prices rose more than 1 percent, heading for fifth weekly gain, due to weak dollar and prospects of further monetary policy easing in the wake of Brexit vote. (Compiled by Arunima Banerjee in Bengaluru; Editing by Maju Samuel)

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