MARKET PULSE-Peregrine Pharma, Cracker Barrel, Merck, Flamel, Intel

Mon Jun 3, 2013 10:57am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter

June 3 (Reuters) - Some U.S. stocks on the move on Monday:


U.S. stocks rose on Monday, with the Dow rising to a session high on strength in blue chip names.

The Dow Jones industrial average was up 76.60 points, or 0.51 percent. The Standard & Poor's 500 Index was up 3.53 points, or 0.22 percent. The Nasdaq Composite Index was up 2.13 points, or 0.06 percent.

** APPLE INC, $447.11, down 0.5 pct (1009 ET)

Fidelity Investments' Contrafund, the largest active shareholder in Apple, cut its stake in the iPad and iPhone maker by a further 9 percent in April after expressing concern about heightened competition from rivals.   Continued...