BUZZ-U.S. STOCKS ON THE MOVE-Genesis Energy, Cytori, Omega Healthcare
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U.S. stock indexes rose on Tuesday, on the heels of two sessions of gains for the S&P 500, with deals including a bid from FedEx for a Dutch peer indicating companies still see value in the market. The Dow Jones industrial average was up 0.46 percent at 17,962.3, the S&P 500 was up 0.32 percent at 2,087.34 and the Nasdaq Composite was up 0.52 percent at 4,943.12.
** FEDEX CORP, $171.82, +3.09 pct
The company is seeking to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), aiming to succeed where United Parcel Service failed two years ago when its bid was blocked by competition regulators.
** SHIRE PLC, $239.9, +4.38 pct
The London-listed pharmaceuticals firm said on Tuesday it had agreed with U.S. regulators the steps it would take to submit a candidate drug to treat hyperactivity in adults for clearance.