BUZZ-U.S. STOCKS ON THE MOVE-Valeant, Microvision, FXCM, King Digital

Mon Mar 16, 2015 9:21am EDT
 
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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 futures were up on Monday, putting the benchmark S&P 500 on track for a rebound after three weeks of losses. Dow Jones industrial e-mini average futures were up 0.63 percent at 17,840, S&P 500 e-mini futures were up 0.66 percent at 2,063.25 and Nasdaq 100 e-mini futures were up 0.56 percent at 4,333.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Friday close $197.43, +1.24 pct premarket

** SALIX PHARMACEUTICALS INC Friday close $169.4, +2.63 pct premarket

** ENDO INTERNATIONAL PLC $87.33, +0.89 pct premarket

Valeant Pharmaceuticals International said it increased its offer for Salix to $10.96 billion in cash, topping Endo International's bid of $10.93 billion in cash-and-stock for the bowel drug maker.

** LIFE TIME FITNESS INC, Friday close $67.2, +5.18 pct premarket

The gym operator said it would be taken private by Leonard Green & Partners and TPG in a deal valued over $4 billion. The $72.10 per-share deal represents a 7.3 percent premium to Life Time's Friday close.   Continued...