News Headline Summary

RANsquawk - Today's Trading Edge

TIME: 1753BST
NEWS: L&L Energy (LLEN) being added to the Russell 2000 index according to UBS and Barclays and 2.7mln shares are to buy
REACTION: Co. shares moved 3.5% higher in reaction to the news from USD 3.39 to USD 3.50.

TIME: 1655BST
NEWS: magicJack (CALL) VocalTec unit settled all disputes with AT&T (T)
REACTION: In the immediate reaction, CALL shares moved 2.5% higher from USD 14.20 to USD 14.55.

TIME: 1635BST
NEWS: Halozyme (HALO) reports positive opinion from CHMP on Roche's Herceptin SC
REACTION: In the immediate reaction, HALO shares moved 16.4% higher from USD 6.23 to USD 7.25.

TIME: 1615BST
NEWS: Rambus (RMBS) wins ruling overturning US patent office decision
REACTION: In the immediate reaction, RMBS shares rose 4.8% from USD 8.58 to USD 8.99.

TIME: 1515BST
NEWS: Carlyle Group (CG), TPG Capital, Bain Capital and GTCR are among the bidders for MoneyGram International (MGI) according to sources
REACTION: In the immediate reaction, MGI shares spiked 4.4% higher from USD 21.66 to USD 22.61.

TIME: 1346BST
NEWS: Seadrill (SDRL NO) and SapuraKencana report USD 2.7bln deal with Petrobras
REACTION: In the immediate reaction, SDRL NO shares rose 1.2% from NOK 243.13 to NOK 245.93.

TIME: 1300BST
NEWS: Fed's Stein affirms 'data-dependence' of Fed asset-purchase program, adding that asset prices are an imprecise gauge of future Fed policy. The analyst highlighted that Stein’s comments were in contrast to those seen from other FOMC members recently, with Stein striking a less-dovish tone.
REACTION: In the immediate reaction, T-notes fell 3+ ticks from 126.22 to 126.18+, falling a total of 9+ ticks over the following 20 minutes, to trade at 126.12+. E-mini S&P immediately fell 1.5 points to 1610.5, falling a total of 3.75 points over the next 15 minutes.

TIME: 0841BST
NEWS: YIT Corp’s (YTY1V FH) partial de-merger is recorded with the Finnish Trade Register, to come into effect on 1st July
REACTION: In the immediate reaction, YTY1V FH shares spiked higher by 1.1% from EUR 13.67 to EUR 13.82.

28 Jun 2013 - 16:11 - Equities - Source: Newswires

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