BUZZ-U.S. Stocks on the Move-Annie's, Fuelcell, Brookdale, Netflix
(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 are flat on Tuesday, with investors finding few reasons to buy following a long-running rally that has taken indexes to repeated records, although market valuations are seen as able to support further gains. Dow Jones industrial average futures were up 0.03 percent at 17,105, S&P 500 futures were up 0.05 percent at 2,001.5 and Nasdaq 100 futures were up 0.12 percent at 4,098.
** GENERAL MILLS INC, Monday close $53.51, +0.41 pct premarket
** ANNIE'S INC, Monday close $33.51, +37.48 pct premarket
General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, said it would acquire organic food producer Annie's for about $820 million to expand its presence in the fast-growing U.S. natural foods market.
** NETFLIX INC, Monday close $479.33, +1.02 pct premarket
RBC Capital Markets raised its price target on the video streaming company's stock to $600 from $530 late on Monday. The analysts said Netflix's growth and profitability was not yet factored into the stock price. Analysts expect the company's foray into Europe to boost growth.
** THRESHOLD PHARMACEUTICALS INC, Monday close $4.61, +8.46 pct premarket Continued...