BUZZ-U.S. STOCKS ON THE MOVE-Sysorex, Woodward, Hooker Furniture
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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 0.54 percent at 17,976.98, the S&P 500 was up 0.39 percent at 2,088.65 and the Nasdaq Composite was up 0.58 percent at 4,946.081.
** FEDEX CORP, $171.29, +2.77 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, $240.41, +4.60 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.