BUZZ-U.S. STOCKS ON THE MOVE-Mylan, Gold stocks, GNC, DreamWorks
(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. stocks rallied more than 1 percent on Monday, with biotech stocks among the most active names amid a number of major deals in the space. Dow Jones industrial average futures were up 1.50 percent at 17,890, S&P 500 futures were up 1.06 percent at 2,074.25 and Nasdaq 100 futures were up 0.89 percent at 4,364.25.
** MYLAN NV, $59.25, -3.86 pct
The generic drugmaker said shareholder Abbott Laboratories would sell about a third of its stake, or 35 million shares, through a secondary share offering.
** GNC HOLDINGS INC, $49.41, +7.32 pct
The herbal supplements maker said it restored certain dietary supplements to its stores in New York after reaching an agreement with the state's attorney general that its products complied with Food and Drug Administration's guidelines.
** INTEL CORP, $31.89, -0.34 pct Continued...