MARKET PULSE-Forest, United Fire, Boeing, Qihoo, EPL, Coca-Cola
U.S. stocks were slightly higher on Tuesday after Wall Street's biggest gain of the year, boosted by Tesla shares which hit an all-time high, giving a lift to the tech-heavy Nasdaq index. The Dow Jones industrial average was down 0.01 percent at 16,153.21, the S&P 500 was up 0.18 percent at 1,841.95 and the Nasdaq Composite was up 0.68 percent at 4,272.894.
** ACTAVIS PLC, $205.18, +6.93
** FOREST LABORATORIES INC, $92.26, +29.23
** MYLAN INC, $48.58, +5.38
The generic drugmaker said on Tuesday that it would buy Forest Labs for about $25 billion in cash and stock, expanding its portfolio of specialty pharmaceuticals for neurological and other disorders.
Shares of Actavis's rival, Mylan, also rose.