MARKET PULSE-Alnylam, Intercept, Clicksoftware, NII Holdings, Juniper

Mon Jan 13, 2014 2:14pm 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. stocks fell to session lows in afternoon trade on Monday, with the 10 S&P 500 industry groups posting losses in widespread selling. The Dow Jones industrial average was down 0.64 percent at 16,331.67, the S&P 500 was down 0.72 percent at 1,829.15 and the Nasdaq Composite was down 0.74 percent at 4143.85.

** ALNYLAM PHARMACEUTICALS INC, $93.75, +41.59 pct

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, $83.26, +24.32 pct

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, $37.865, -24.10 pct   Continued...