MARKET PULSE-Sina Corp, Conceptus, J C Penney, Actavis, Moody's

Mon Apr 29, 2013 9:24am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

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...