By Eric Martin
Dec. 1 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading tomorrow. Stock symbols are in parentheses, and share prices are as of 5:45 p.m. in New York.
Standard & Poor’s 500 Index futures expiring in December lost 1.3, or 0.2 percent, to 814.5. Dow Jones Industrial Average futures added 9, or 0.1 percent, to 8,148.
Medicis Pharmaceutical Corp. (MRX US) climbed 26 percent to $14. The maker of skin treatments reached an agreement allowing Impax Laboratories Inc. to license a generic version of the Solodyn acne drug, the companies said. The deal settles a patent dispute over the treatment, Medicis and Impax said.
Mosaic Co. (MOS US) lost 8.5 percent to $23.25. The world’s largest producer of phosphates said sales volumes of the crop nutrient dropped 38 percent in the quarter ended Nov. 30 because of “soft market conditions.”
Intrepid Potash Inc. (IPI US) the largest producer of the crop nutrient in the U.S., lost 2.6 percent to $16.10.
Tessera Technologies Inc. (TSRA US) plunged 44 percent to $9.26. The company lost a patent-infringement ruling in its bid to strike licensing agreements with Qualcomm Inc. and other makers of chips for wireless devices.
To contact the reporter on this story: Eric Martin in New York at emartin21@bloomberg.net.
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