BUZZ-U.S. Stocks on the Move-Regado, InterMune, Burger King, Ann

Mon Aug 25, 2014 9:13am EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; 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 higher open on Monday, indicating the S&P 500 would open near record levels, amid corporate merger activity and as hopes grew for more monetary stimulus in European markets. Dow Jones industrial average futures were up 0.40 percent at 17,061, S&P 500 futures were up 0.45 percent at 1,996.75 and Nasdaq 100 futures were up 0.46 percent at 4,073.5.

** REGADO BIOSCIENCES INC, Friday close $2.84, -51.06 pct premarket

The company said it stopped enrollment in a late-stage trial of its lead drug after an independent safety panel raised serious concerns of allergic reactions.

** BURGER KING WORLDWIDE INC, Friday close $27.11, +13.61 pct premarket

** TIM HORTONS INC, Friday close $62.84, +16.74 pct premarket

Burger King is in talks to acquire Canadian coffee and doughnut chain Tim Hortons Inc in a deal that would create a fast food powerhouse with a market capitalization of roughly $18 billion.

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