BUZZ-U.S. STOCKS ON THE MOVE-Horizon Pharma, Catamaran, Teva, Alibaba

Mon Mar 30, 2015 9:47am 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,; for the Morning News Call newsletter, U.S. stocks opened higher on Monday as four M&A deals in the biotech sector lifted market sentiment after the worst weekly decline for the S&P 500 in two months. Dow Jones industrial average futures were up 1.46 percent at 17,884, S&P 500 futures were up 1.05 percent at 2,074 and Nasdaq 100 futures were up 0.98 percent at 4,368.


Japan's Fujifilm Holdings Corp said on Monday it has agreed to acquire U.S. biotechnology firm Cellular Dynamics International Inc (CDI) for $307 million.

** HORIZON PHARMA PLC, $24.94, +14.35 pct

** HYPERION THERAPEUTICS INC, $46.05, +7.74 pct

Ireland's Horizon said it would buy the U.S. drugmaker for about $1.1 billion to add to its line-up of drugs that treat rare diseases. Horizon will pay $46 per share, a premium of 7.6 percent to Hyperion's Friday closing price.

** UNITEDHEALTH GROUP, $122.1, +3.47 pct   Continued...