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Sept 17 (Reuters) - Some U.S. stocks on the move on Tuesday:
Stocks edged up at the open on Tuesday ahead of the start ofa highly anticipated Federal Reserve two-day meeting, whileinflation data supported the case for the Fed to start to reduceits stimulus measures. The Dow Jones industrial average rose 28.8 points or 0.19 percent, to 15,523.58, the S&P 500 gained 2.51 points or 0.15 percent, to 1,700.11 and theNasdaq Composite added 8.193 points or 0.22 percent, to3,726.038.
** KYTHERA BIOPHARMACEUTICALS INC, $42.00, up 25pct (9:36 a.m. ET)
The maker of aesthetic medicines said on Monday its ATX-101experimental injectable drug met the main and secondary goals ofa clinical study testing the product's safety and efficacy inreducing double chin. Over 1,000 patients from the United Statesand Canada were enrolled in two late-stage studies forevaluating the drug against a placebo, Kythera said.
** AGENUS INC $3.46, up 26 pct (9:37 a.m. ET)
The biotechnology company said a mid-stage study of itsexperimental brain cancer vaccine used in combination withstandard treatments showed a 160 percent increase in progressionfree survival, compared to the standard treatment alone, inpatients with an aggressive brain tumor.
** HUNTSMAN CORP, $20.21, up 6 pct (9:37 a.m. ET)
Huntsman said it would combine its pigment business withRockwood's as part of a $1.1 billion deal and eventually takethe business public.
** OUTERWALL INC, $46.97, down 16 pct (9:38a.m. ET)
The operator of the Redbox video rental kiosks slashed itsthird-quarter and full-year earnings forecast as averagetransaction size fell below its expectations due to higherdiscounts, sending its shares down 20 percent.
** LLOYDS BANKING GROUP PLC, $4.77, down 3.4 pct(09:38 ET)
Britain could have sold the 6 percent stake in the bankinggroup it placed with investment institutions nearly three timesover, sources said, raising the prospect it could sell all itsshares before the 2015 General Election.
** CHICO'S FAS INC, $17.29, up 5 pct (09:36 a.m. ET)
KeyBanc Capital Markets upgraded its rating on the women'sapparel retailer's stock to "buy" from "hold," according toTheflyonthewall.com.
** EZCHIP SEMICONDUCTOR LTD , Monday close$22.24, up 5 pct premarket
Cisco Systems Inc intends to continue using EZchipprocessors in all its routers that currently use its technology,the company clarified in a statement after reports on Thursdaysuggested that Cisco may replace EZchip processors in itsrouters with a new programmable network processor chip.
** DENDREON CORP, $3.98, up 9 pct (9:39 a.m. ET)
The biotechnology company said the the European Commission granted marketing approval to its prostate cancer vaccine,Provenge.
The company said the vaccine is approved in all 28 countriesof the European Union as well as Norway, Iceland andLiechtenstein.
** MICROSOFT CORP, $33.18, up 1 pct (9:36 a.m. ET)
The software maker said it would buy back up to $40 billionof its shares and raise its quarterly dividend by 22 percent.The new share repurchase program, which has no expiration date,replaces a $40 billion buyback program that was set to expire onSept. 30.
** NEOSTEM INC, $8.87, up 6 pct (9:32 a.m. ET)
The specialty pharmaceutical company said an independentData Safety Monitoring Board recommended that the companycontinue with a mid-stage trial of its heart drug after a thirdreview.
The drug, AMR-001, is being tested to preserve heartfunction after a severe heart attack.
** PERION NETWORK LTD, $12.29, up 5 pct (9:42 a.m.ET)
Benchmark Co raised its price target on the Israeli consumerinternet company's stock to $19 from $16, a day after Perionsaid it would merge with privately held Conduit's "clientconnect" business in an all-stock deal.
The brokerage said the deal was a "significant positive" forPerion. "Perion will continue to gain scale and efficiencies inthe near-term, although Perion must continually invest incustomer acquisition to maintain its user base and drive furtherrevenue growth," analyst Daniel Kurnos said in a note.
** WERNER ENTERPRISES, $23.09, down 5 pct (9:43a.m. ET)
The transportation company forecast a third-quarter profitbelow analysts' expectations, citing lower gains on equipmentsales and higher driver and maintenance costs. RBC CapitalMarkets downgraded the stock to "sector perform" from"outperform" and KeyBanc Capital Markets downgraded it to "hold"from "buy", according to theflyonthewall.com.
** BIG 5 SPORTING GOODS CORP, $16.50, down 3 pct(9:43 a.m. ET)
Brokerage Piper Jaffray cut its rating on the sports goodsretailer's stock to "neutral" from "overweight," theflyonthewallreported.
** AEROPOSTALE INC, $10.11, up 17 pct (9:44 a.m. ET)
Sycamore Partners reported a 7.96 percent holding in theteen apparel retailer as of Sept. 9. (http://r.reuters.com/far23v) (Compiled by Varun Aggarwal)
