Consumer Goods Active Movers: Hillshire Brands Co (NYSE:HSH), Apple Inc. (NASDAQ:AAPL), Ford Motor Company (NYSE:F), Pinnacle Foods Inc (NYSE:PF), Tesla Motors Inc (NASDAQ:TSLA)

The S&P 500 climbed 0.6 per cent to 1,911.91 in New York yesterday as JBS SA’s US$6.4 billion offer for Hillshire Brands Co (NYSE:HSH) helped gains stoked by the economic data. Futures on the S&P 500 were little changed today. Hillshire Brands Co (NYSE:HSH) stock performance was 22.07% in last session and finished the day…

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Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Vale (NYSE:VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

Initially reported as a discovery in February 2013, Brazil’s Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has confirmed that its 1-SPS-98 (1-BRSA-1063-SPS) well, the first to be drilled on Block BM-S-50 offshore Brazil, has tested carbonate reservoirs with good permeability. The block, informally known as Sagitario, is in Brazil’s ultradeepwater Santos basin presalt region 194 km…

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Gilead Sciences GILD NASDAQ:GILD

Hot Biotech Watch List: InterMune Inc (NASDAQ:ITMN), Merrimack Pharmaceuticals (NASDAQ:MACK), China Biologic Products (NASDAQ:CBPO), VIVUS (NASDAQ:VVUS), Arena Pharmaceuticals (NASDAQ:ARNA)

InterMune, Inc. (NASDAQ:ITMN) on 27 May 2014 announced that it has resubmitted its pirfenidone New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) in response to a Complete Response Letter (CRL) received in May 2010. Pirfenidone is being developed for the treatment of adult patients with idiopathic pulmonary fibrosis (IPF). InterMune Inc…

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Gilead Sciences GILD NASDAQ:GILD

Biotech GAiners: BioCryst Pharmaceuticals (NASDAQ:BCRX), Dyax Corp. (NASDAQ:DYAX), Novavax, Inc. (NASDAQ:NVAX), Merrimack Pharmaceuticals Inc (NASDAQ:MACK)

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) shares closed up nearly 11% on Tuesday after the company reported positive data from its OPuS-1 mid-stage study involving BCX4161 as a treatment for hereditary angioedema, or HAE. This is a rare immune disorder that can cause swelling of the face, breathing airways, and also causes abdominal cramping. According to the…

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Watch List; Himax Technologies (NASDAQ:HIMX), Micron Technology (NASDAQ:MU), Applied Materials, Inc. (NASDAQ:AMAT), AT&T Inc. (NYSE:T), Zynga Inc (NASDAQ:ZNGA)

Himax Technologies, Inc. (NASDAQ:HIMX) shares dropped 13.58% after reports revealed that Renasas Eletronics plans to sell its stake in a unit that supplies display driver chips for the Apple iPhone. According to Reuters Renesas will sell its stake to Synaptics. The unit is the sole supplier to for display driver chips in the iPhone. Himax…

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Gilead Sciences GILD NASDAQ:GILD

Gainers to Watch: Apple Inc. (NASDAQ:AAPL), 58.com Inc (ADR) (NYSE:WUBA), China Mobile Games & Entnmnt (NASDAQ:CMGE), ParkerVision (NASDAQ:PRKR), Imperva (NYSE:IMPV)

Apple Inc (NASDAQ:AAPL) had been in talks about a possible purchase of the stake in Renesas SP Driver in what was seen as a potential move to shore up its global supply chain, but the sources said those talks failed to make progress and Renesas had narrowed its consideration to Synaptics. Apple Inc. (NASDAQ:AAPL) stock…

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