MARKET PULSE-Sina Corp, Conceptus, J C Penney, Actavis, Moody's
April 29 (Reuters) - Some U.S. stocks to watch on Monday:
WALL ST SET FOR HIGHER OPEN ON ITALY, ECONOMIC DATA HOPES
Wall Street was set for a higher open on Monday, buoyed by the formation of a broad coalition government in Italy which ended two months of political uncertainty and boosted an appetite for risky assets, as investors braced for major economic news this week. S&P 500 futures were up 0.35 percent, Dow Jones industrial average futures were up 0.32 percent and Nasdaq 100 futures rose 0.45 percent.
** MOODY'S CORP, Friday close $55.12, up 5 pct premarket
** MCGRAW-HILL COS INC, Friday close $52, up 4 pct premarket
Moody's Investors Service and Standard & Poor's on Friday said they have settled two long-running lawsuits seeking to hold them responsible for misleading investors about the safety of risky debt vehicles that they had rated. The lawsuits had accused Moody's, a unit of Moody's Corp, and S&P, a unit of McGraw-Hill Cos, of negligent misrepresentation over their activities regarding the Cheyne and Rhinebridge structured investment vehicles (SIVs).
** CONCEPTUS INC, Friday close $25.90, up 20 pct premarket Continued...