MARKET PULSE-NPS Pharma, Broadcom, Allergan, Pharmacyclics, Oil States

Mon Jun 2, 2014 9:21am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, 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...