BUZZ-U.S. Stocks on the Move-Siga Technologies, Yahoo, Allergan

Tue Sep 16, 2014 7:37am 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 e-mini futures fell slightly on Tuesday: Dow Jones industrial average futures were down 0.09 percent at 17,012, S&P 500 futures were down 0.08 percent at 1,982.75 and Nasdaq 100 futures were down 0.13 percent at 4,028.25.

** YAHOO INC, Monday close $42.55, +0.52 pct premarket

Alibaba Group Holding Ltd IPO-BABA.N, in which Yahoo holds 23 percent stake, raised the price range on its initial public offering to $66-$68 per share on Monday, reflecting strong demand from investors for the year's most anticipated debut and potentially the world's largest-ever IPO.

** ALLERGAN INC, Monday close $168.56

** VALEANT PHARMACEUTICALS INC, Monday close $121.43

Botox-maker Allergan and its suitors Pershing Square Capital Management and Valeant settled their pending litigation before the Delaware Court of Chancery and agreed to hold a special shareholder meeting on the originally scheduled date, Dec. 18.

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