MARKET PULSE-Stec, Vanguard, Revlon, Isis, Keynote, coal stocks

Mon Jun 24, 2013 3:52pm 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/mef29t)

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

WALL ST FALLS TO TWO-MONTH LOW ON FED, CHINA WORRIES

U.S. stocks dropped to a two-month low, extending a slide as investors worried about the impact on equities from the Federal Reserve's plan to exit its economic stimulus and a cash squeeze in China that could hurt its economy. The Dow Jones industrial average was down 1.28 percent, the Standard & Poor's 500 Index 1.64 percent and the Nasdaq Composite Index 1.52 percent.

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

** TENET HEALTHCARE CORP, $43.64, up 4 pct (1415 ET)

U.S. hospital operator Tenet Healthcare said on Monday it will buy smaller rival Vanguard Health Systems for about $1.73 billion, putting it in a better position to benefit from the expected millions of Americans about to get insurance under President Barack Obama's healthcare reform.   Continued...