*Cott Corp: CIBC cuts price target to $11 from $12; rating sector outperformer. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
**MERCK& CO INC, $45.95, down 2 pct. **TITAN PHARMACEUTICALS INC, $0.46, down 73 pct. **NEUTRAL TANDEM INC, $4.57, up 53 pct.
**MERCK& CO INC, $44.76, down 5 pct. **TITAN PHARMACEUTICALS INC, $0.34, down 80 pct. U.S. health regulators rejected an experimental drug to treat opioid addiction made by Titan Pharmaceuticals and asked for additional data showing it works, the company said.
**MERCK& CO INC, $44.76, down 5 pct. **TITAN PHARMACEUTICALS INC, $0.34, down 80 pct. **NEUTRAL TANDEM INC, $4.12, up 38 pct.
*Q1 earnings per share $0.00. *Q1 revenue rose 4 percent to $505 million. *Says share repurchase program for up to 5% of Cott's outstanding common.
*Announces U.K. reporting segment's planned acquisition of calypso soft drinks.