MARKET PULSE-Omthera, Auto stocks, Valeant, CapLease, Tesla, Enernoc

Tue May 28, 2013 3:05pm EDT
 
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(For more market insights, including options activity, click on STXNEWS/US; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, click on )

May 28 (Reuters) - Some U.S. stocks on the move on Tuesday:

WALL ST REBOUNDS ON CENTRAL BANK COMMENTS, DATA

U.S. stocks rallied following their first three-day losing streak of the year, after central banks reassured investors that they will keep policies designed to foster global growth.

The Dow Jones industrial average was up 0.60 percent. The Standard & Poor's 500 Index was up 0.47 percent, and the Nasdaq Composite Index up 0.62 percent.

** OMTHERA PHARMACEUTICALS, $13.68, up 102.06 pct (1342 ET)

AstraZeneca will buy Omthera for as much as $443 million to build up its cardiovascular drug business, a priority area for Britain's second-biggest drugmaker. AstraZeneca said on Tuesday it would buy Omthera for $12.70 per share.   Continued...