McDonald's Corp. (MCD) is rising 2 percent to $100.05. The company reported 2.6 percent growth in global comparable sales for May. U.S. comparable sales for the month climbed 2.4 percent, while in Europe comparable store sales were up 2.0 percent.
Facebook, Inc. (FB) is gaining 2 percent to $23.78.
Tesla Motors, Inc. (TSLA) is falling 3 percent to $99.00.
AstraZeneca PLC (AZN) is up 0.58 percent to $51.75. The company has agreed to buy US-based respiratory drug maker Pearl Therapeutics for up to $1.15 billion.
Dynavax Technologies Corp. (DVAX) is falling 23 percent to $1.89. The company reported feedback from FDA meeting regarding HEPLISAV Biologic License Application. The meeting with FDA resulted in messages,including one that the safety database does indeed need additional subjects.
AVEO Pharmaceuticals, Inc. (AVEO) is down 2 percent to $2.29 following the news that it has received a Complete Response letter that the FDA will not approve in its present form the New Drug Application for investigational agent tivozanib for the treatment of patients with advanced renal cell carcinoma.
Trading in shares of StellarOne Corp. (STEL) was halted. Union First Market Bankshares Corp. (UBSH) plans to acquire the company for $19.50 per share or approximately $445.1 million in the aggregate. The combined company will retain the Union name and corporate headquarters will remain in Richmond.
by RTT Staff Writer
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