MARKET PULSE-American Realty Capital, Broadcom, NPS Pharma, Oil States

Mon Jun 2, 2014 7:41am EDT
 
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U.S. stock index futures were little changed on Monday, with investors finding few reasons to keep pushing shares higher with the Dow and S&P 500 at record levels. Dow Jones industrial average futures were up 0.10 percent at 16,720, S&P 500 futures were up 0.02 percent at 1,921.9 and Nasdaq 100 futures were up 0.11 percent at 3,739.5.

** AMERICAN REALTY CAPITAL HEALTHCARE TRUST INC, Friday close $9.95, +13.07 pct premarket

** VENTAS INC, Friday close $66.8

American Realty Capital Healthcare, a real estate investment trust focused on acquiring medical office buildings, said it would sell itself to rival Ventas in a stock-and-cash deal valued at $2.6 billion. ARC Healthcare said Ventas would pay $11.33 per share, a premium of about 14 percent to the stock's Friday close.

** BROADCOM CORP, Friday close $31.87, +11.45 pct premarket

The chipmaker said it was looking to sell or wind-down of its cellular baseband business. The company said on Monday that a sale or wind-down of the business would likely save $700 million annually.

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