CORRECTED-MARKET PULSE-MetroPCS, Life, Sprint, Citigroup, J.C. Penney
(Corrects Citigroup item to reflect the correct percentage figure)
April 15 (Reuters) - Some U.S. stocks to watch on Monday:
WALL ST TO OPEN LOWER AFTER CHINA, EMPIRE STATE DATA
U.S. stocks were poised for a lower open, putting the S&P 500 on track to dip for a second consecutive session after data showed growth in China and manufacturing growth in New York state were slower than expected. S&P 500 futures were down 5.8 points, the Dow Jones industrial average futures were down 35 points, and Nasdaq 100 futures were down 8.25 points.
** SPRINT-NEXTEL CORP, Friday close $6.22, up 16 pct premarket
** DISH NETWORK CORP, Friday close $37.63, down 2 pct premarket
** CLEARWIRE CORP, Friday close $3.26, up 1.5 pct premarket
Dish, the No. 2 U.S. satellite television provider, offered to buy Sprint for $25.5 billion in cash and stock, a move that could thwart the proposed acquisition of Sprint by Japan's SoftBank Corp. Dish's bid is the latest development in a shakeup of the U.S. wireless business, which is undergoing a wave of consolidation. Dish was already in amid an unsolicited offer for Clearwire, the wireless company majority owned by Sprint. Continued...