BUZZ-U.S. STOCKS ON THE MOVE-MWI Veterinary, Lululemon, Agenus

Mon Jan 12, 2015 9:10am EST
 
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(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) U.S. stock index e-mini futures rose on Monday, after a two-week decline pushed the S&P 500 back into negative territory for the year as investors anticipated the start of the corporate earnings season: Dow Jones industrial average futures were up 0.25 percent at 17,693, S&P 500 futures were up 0.27 percent at 2,040.75 and Nasdaq 100 futures were up 0.33 percent at 4,214.5.

** FOUNDATION MEDICINE INC, Friday close $23.93, +139.16 pct premarket

Swiss drugmaker Roche Holding AG will acquire a majority stake in molecular and genomic analysis firm Foundation Medicine for up to $1.18 billion, it said on Monday, in a move to bolster its personalized cancer treatments.

** AMERISOURCEBERGEN CORP, Friday close $93, +3.32 pct premarket

** MWI VETERINARY SUPPLY INC, Friday close $175.65, +8.45 pct premarket

Pharmaceutical products distributor AmerisourceBergen said it would buy MWI, an animal health products distributor, for about $2.5 billion. AmerisourceBergen said it would pay $190 per MWI share, representing a premium of about 8 percent over the stock's Friday close.

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