U.S. Stocks on the Move-Unipixel, Servicemaster, Barclays

LG H&H

26/06/2014 15:08

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    Wall Street opened little changed on Thursday with focus on 
financial stocks following a fraud lawsuit against British bank 
Barclays. The Dow Jones industrial average  .DJI  was down 0.61 
percent at 16,765.4, the S&P 500  .SPX  was down 0.60 percent at 
1,947.71 and the Nasdaq Composite  .IXIC  was down 1.05 points, 
or 0.02 percent, to 4,378.71.  .N  
    
    ** UNIPIXEL INC  UNXL.O , $8, +16.28 pct  
    The touchscreen sensor maker said it started pilot 
production of its new InTouch Sensors, overcoming technical 
challenges.  ID:nMKWj8MRKa  
    Cowen & Co raised price target on the company's stock to 
$7.50 from $5.00. Analyst Robert Stone said a modest penetration 
of the touch device market could support strong sales growth. 
 
     ** IRON MOUNTAIN INC  IRM.N , $35.59, +19.55 pct 
    The document storage company said its board has approved its 
conversion to a REIT for 2014 tax year after favorable IRS 
ruling.  ID:nBw2Cg9sKa  
     
    ** CLIFFS NATURAL RESOURCES INC  CLF.N , $14.6, +1.67 pct 
    The coal miner issued an open letter to shareholders 
rejecting activist investor Casablanca Capital LP's claims 
against the current management.  ID:nHUG5SPkXf  
    The hedge fund, which wants to replace Cliffs Natural's 
chief executive, responded by asking shareholders to vote for 
its board nominees.  ID:nBw4PLQnfa  
     
    ** CELGENE CORP  CELG.O , $85.6686, -0.92 pct 
    The biotechnology company's shares reflect price adjusted 
for a two-for-one stock split. The stock split, which is the 
fourth since Celgene went public, increases the number of 
outstanding shares to about 798 million from about 399 million. 
 ID:nBw13f9N9a  
     
    ** ELIZABETH ARDEN INC  RDEN.O , $22.64, -16.15 pct 
    South Korea's LG Household & Health Care Ltd  051900.KS  
said it is no longer interested in acquiring Elizabeth Arden 
after the U.S. cosmetics firm announced this week it would 
embark on extensive restructuring due to mounting losses. 
 ID:nL4N0P71GZ  
     
    ** AUXILIUM PHARMACEUTICALS INC  AUXL.O , $21.51, +1.32 pct 
    ** QLT INC  QLTI.O , $6.3928, +18.39 pct 
    Drugmaker Auxilium said it would buy Canadian eye drug maker 
QLT  QLT.TO  in an all-stock deal to gain access to QLT's 
experimental treatment for retinal diseases caused by gene 
mutations. For QLT shareholders, the transaction represents a 25 
percent premium based on a calculation of the closing prices of 
Auxilium and QLT shares on the Nasdaq on June 25. 
 ID:nL4N0P72Y0  
     
     ** AGENUS INC  AGEN.O , $3.62, +5.54 pct 
    The biotechnology company reported promising data from 
mid-stage trial of its experimental vaccine for treating genital 
herpes. The company said more than half of those vaccinated 
developed a robust immune response.  ID:nBw2XrWj0a  
     
    ** ALCOA INC  AA.N , $14.92, +2.54 pct 
    The aluminum giant has agreed to acquire aircraft parts 
maker Firth Rixson from private equity firm Oak Hill Capital 
Partners for $2.85 billion in cash and stock, the company said 
on Thursday. The deal will grow Alcoa's aerospace segment, and 
boost the aluminum giant's production of nickel and titanium 
goods.  ID:nL2N0P70AK  
     
    ** C&J ENERGY SERVICES INC  CJES.N , $32.9, +0.27 pct 
    ** NABORS INDUSTRIES LTD  NBR.N , $29.04, +6.37 pct 
    Oilfield services provider Nabors will merge its well 
maintenance business with C&J Energy and receive $2.86 billion 
in cash and stock. After the deal, Nabors will own about 53 
percent of the combined company, which will be listed on the New 
York Stock Exchange as C&J Energy Services Ltd.  ID:nL4N0P64QY  
     
    ** BED BATH & BEYOND INC  BBBY.O , $55.35, -9.43 pct 
    The home goods retailer reported weaker-than-expected 
results and forecast. The company said it expects second-quarter 
earnings of $1.08-$1.16 per share, lower than average analyst 
estimate of $1.20. Two brokerages cut price targets on the 
company's stock, citing weak earnings. 
     
    ** PHILIP MORRIS INTERNATIONAL INC  PM.N , $86.41, -2.79 pct 
    The cigarette maker cut its earnings forecast for 2014 and 
said it is proving to be a "complex and truly atypical" year for 
the company. Philip Morris and its rivals are grappling with 
declining sales in a number of markets due to increasing 
government regulation and more health-aware consumers, as well 
as smuggling and an economic downturn.  ID:nL4N0P71U5  
     
    ** ACCENTURE PLC  ACN.N , $80.18, -3.47 pct 
    The consulting and outsourcing company reported a 7.5 
percent rise in quarterly net revenue, led by faster growth in 
its consulting business. Net income rose to $881.8 million, or 
$1.26 per share, in the third quarter ended May 31 from $874.1 
million, or $1.21 per share, a year earlier.  ID:nL4N0P72W9  
     
    ** SERVICEMASTER GLOBAL HOLDINGS INC  SERV.N , $17.3, +1.76 
pct 
    The Terminix pest control owner's shares will debut on 
Thursday. The company raised about $610.3 million after it 
priced its IPO of 35.9 million common shares at $17 each, 
slightly below the expected $18-$21. Servicemaster is valued at 
$2.17 billion at IPO price.  ID:nASA09BD0  
     
    ** GOPRO INC  GPRO.O  
    The wearable sports camera maker's shares will debut on the 
Nasdaq after 17.8 million shares were priced at $24 per share, 
top end of the expected price range of $21-$24. The IPO raised 
about $427.2 million and the company is valued at $2.96 billion 
at IPO price. 
     
    ** BARCLAYS PLC  BCS.N , $14.39, -8.40 pct 
    The New York State's attorney general has filed a securities 
fraud lawsuit against the Barclays, accusing the British bank of 
giving an unfair edge in the United States to high-frequency 
trading clients even as it claimed to be protecting other 
customers from such traders.  ID:nL2N0P61T3  
 
 (Compiled by Amrutha Gayathri in Bangalore; Editing by Joyjeet 
Das) 
 
Keywords: MARKETS USA STOCKS/PULSE