MARKET PULSE-Alnylam, Beam, Sodastream, Lululemon, Wendy's, Tekmira
(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 declined on Monday as investors prepared to assess a quarterly earnings season that will pick up steam this week. Dow Jones industrial average futures were down 0.05 percent at 16,372, S&P 500 futures were down 0.22 percent at 1,833.7 and Nasdaq 100 futures were down 0.14 percent at 3,556.5.
** ALNYLAM PHARMACEUTICALS INC, Friday close $66.21, +29.89 pct premarket
French drugmaker Sanofi will buy a 12 percent stake in Alnylam Pharmaceuticals for $700 million and deepen their partnership to develop drugs for rare genetic diseases.
** BEAM INC, Friday close $66.97, +26.25 pct premarket
Suntory Holdings Ltd said it plans to buy Beam for $16 billion, including debt, making the Japanese company the world's third-largest maker of distilled drinks. Beam's brands include Jim Beam, Maker's Mark, Sauza, Canadian Club and Courvoisier.
** SODASTREAM INTERNATIONAL LTD, Friday close $49.89, -16.88 pct premarket
The Israeli company, which manufactures soda makers, estimated full-year revenue below analyst's expectations, hurt by a challenging holiday season selling in the United States. The company said it expected 2013 revenue of about $562.0 million, compared with analysts' estimates of $563.8 million. Continued...