BUZZ-U.S. Stocks on the Move-Talisman, BioLineRx, Russian ADRs, Orange, Boeing, Petrobras
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) The slide in U.S. stock index futures intensified on Tuesday as a fall in the Russian rouble and crude oil prices sent traders fleeing risky assets.
The Dow Jones industrial average futures were down 0.49 percent at 17,105, S&P 500 futures were down 0.58 percent at 1,978.5 and Nasdaq 100 futures were down 0.74 percent at 4,132.75.
** TALISMAN ENERGY INC, Monday close $5.12, +48.83 pct premarket
Spanish oil company Repsol said it had reached a deal to buy Talisman, Canada's fifth-largest independent oil producer, for $13 billion. Repsol's offer valued Talisman at $8.00 per share in cash.
Breakingviews article on the deal
** BIOLINERX LTD, Monday close $1.63, +19.63 pct premarket
Swiss drugmaker Novartis AG bought a 12.8 percent stake in the Israeli biopharmaceutical company as part of a multi-year collaboration deal. Novartis acquired an initial 5 million BioLineRx American depositary shares at $2.00 a share.