MARKET PULSE-Stec, Vanguard, Isis, Keynote Systems, Tenet, Solazyme

Mon Jun 24, 2013 10:06am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(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/mef29t)

June 24 (Reuters) - Some U.S. stocks on the move on Monday:

WALL ST OPENS LOWER ON FED, CHINA WORRIES

U.S. stocks opened sharply lower, extending recent weakness, on concerns the U.S. Federal Reserve's stimulus may be drawing to a close and that a cash crunch in China could further slow growth. The Dow Jones industrial average was down 0.85 percent, the Standard & Poor's 500 Index 1.01 percent and the Nasdaq Composite Index 1.10 percent.

** VANGUARD HEALTH SYSTEMS INC, $28.68, up 67 pct (0931 ET)

** TENET HEALTHCARE CORP, $44.18, up 5.5 pct (0931 ET)

U.S. hospital operator Tenet Healthcare will buy smaller rival Vanguard Health Systems for $4.3 billion including debt to expand into new geographies.   Continued...