MARKET PULSE-NPS Pharma, Broadcom, Allergan, Pharmacyclics, Oil States
(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 pointed to a flat open 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 0.09 percent at 16,719, S&P 500 futures were up 0.07 percent at 1,922.9 and Nasdaq 100 futures were up 0.09 percent at 3,738.75.
** ALLERGAN INC, Friday close $167.46, +1.25 pct premarket
** VALEANT PHARMACEUTICALS INC , Friday close $131.21
Activist investor Pershing Square on Monday said it launched a process to call a special meeting of Allergan shareholders, a move that could turn over most of the drug company's board and open the door to a takeover by Valeant Pharmaceuticals Inc .
** AMERICAN REALTY CAPITAL HEALTHCARE TRUST INC, Friday close $9.95, +9.05 pct premarket
** VENTAS INC, Friday close $66.8
Ventas, one of the largest U.S. healthcare real estate investment trusts, said it would buy American Realty Capital Healthcare Trust Inc HCT.O in a cash-and-stock deal valued at about $2.6 billion. Continued...