March 6, 2018 / 2:23 PM / 7 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Frontline, Mylan, Caladrius, UPS

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Wall Street was set to open higher on Tuesday as the prospect of talks between North Korea and the United States and increasing resistance to President Donald Trump’s proposed metals tariffs encouraged risk appetite among investors.

At 8:26 ET, Dow e-minis were up 0.57 percent at 25,006. S&P 500 e-minis were up 0.41 percent at 2,729.75, while Nasdaq 100 e-minis were up 0.60 percent at 6,918.5. The top three NYSE percentage gainers premarket: ** Kadmon Holdings, up 24.7 pct ** Baytex Energy, up 11.7 pct ** Frontline Ltd, up 9.1 pct The top three NYSE percentage losers premarket: ** Everest Re Group Ltd, down 5.6 pct ** ICICI Bank Ltd, down 3.3 pct ** GMS Inc, down 2.9 pct The top three Nasdaq percentage gainers premarket: ** Genocea Biosciences Inc, up 27.2 pct ** Caladrius Biosciences Inc, up 27.0 pct ** Genetic Technologies Ltd, up 20.3 pct The top three Nasdaq percentage losers premarket: ** GlycoMimetics Inc, down 16.7 pct ** Marinus Pharmaceuticals Inc, down 15.2 pct ** Ascena Retail Group Inc, down 14 pct ** Target Corp: down 2.6 pct premarket UPDATE 1-Target profit misses estimates in holiday quarter, sales jump BUZZ-Target Corp: Falls after holiday-quarter profit misses estimates ** Frontline Ltd: Up 9.16 pct premarket BUZZ-Frontline shares jump as DNB upgrades oil tanker industry to buy

** Caladrius Biosciences Inc: Up 31.8 pct premarket BUZZ-Caladrius Biosciences: Soars on deal with Shire for cell therapy program

** YY Inc: up 4.1 pct premarket BUZZ-Video streamer YY gains on quarterly beat ** Scynexis Inc: down 8.3 pct premarket BUZZ-Scynexis Inc: Falls on stock offering ** Baozun Inc: up 8.2 pct premarket BUZZ-Baozun rises on quarterly beat ** Mylan NV: up 3.3 pct premarket BUZZ-Mylan: MS upgrades on biosimilar opportunity, new launches ** GlycoMimetics: down 16.7 pct premarket BUZZ-GlycoMimetics: Plunges as trial goal worries investors ** United Parcel Service Inc: up 2.0 pct premarket BUZZ-UPS: Stifel upgrades to “buy” ** Ascena Retail Group Inc: down 14.05 pct premarket BUZZ-Ascena Retail Group: Slides on wider-than-expected Q2 loss (Compiled by Sonam Rai in Bengaluru; Editing by Sriraj Kalluvila)

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