MARKET PULSE-Apple, Sprint Corp, Ariad, Tiffany, Ambac Financial

Mon Dec 23, 2013 8:37am EST
 
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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/nex49s) U.S. stock index futures rose on Monday. Dow Jones industrial average futures were up 0.35 percent at 16,237, S&P 500 futures were up 0.50 percent at 1,823.5 and Nasdaq 100 futures were up 0.81 percent at 3,560.75.

** APPLE INC, Friday close $549.02, +3.30 pct premarket

** CHINA MOBILE LTD, Friday close $51.63, +2.65 pct premarket

Apple said it signed a long-awaited agreement with China Mobile to sell iPhones through the world's biggest network of mobile phone users. In a deal that could add billions of dollars to its revenue, Apple said its smartphones would be available to China Mobile customers starting Jan. 17.

** BLACKBERRY LTD, Friday close $7.22, +0.28 pct premarket

The company said on Friday that it was entering a handset production deal that lowered the risk it would have to take more massive writedowns on unsold smartphones. BlackBerry announced the five-year partnership with FIH Mobile Ltd. The Hong Kong-listed unit of Taiwan's Foxconn will initially build low-end devices for sale in Indonesia and other emerging markets.

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