MARKET PULSE-Office Depot, Forest Oil, athenahealth, Tableau

Tue May 6, 2014 8:16am 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/nex49s) U.S. stock index futures were little changed on Tuesday as investors hesitated to push the market higher, with major indexes near record levels. Dow Jones industrial average futures were up 0.02 percent at 16,448, S&P 500 futures were up 0.03 percent at 1,876.3 and Nasdaq 100 futures were up 0.05 percent at 3,592.5.

** OFFICE DEPOT INC, Monday close $4.17, +8.15 pct premarket

The company said it would close at least 400 stores in the United States as shoppers shift their office supply purchases to e-retailers, mass market chains and drugstores.

** FOREST OIL CORP, Monday close $1.79, +15.64 pct premarket

Sabine Oil & Gas LLC said it would buy Forest Oil, which is valued at about $213 million, in an all-stock deal. Upon completion of the deal, Sabine unit holders will own about 73.5 percent of a new combined entity and Forest shareholders will own about 26.5 percent.

** ATHENAHEALTH INC Monday close $126.78, -10.87 pct premarket   Continued...