BUZZ-U.S. STOCKS ON THE MOVE-AOL, Pall, Rackspace, STMicroelectronics
(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 e-mini futures fell sharply on Tuesday as a global bond sell-off and continuing worries on Greece's perilous financial situation weighed on the market: Dow Jones industrial average futures were down 0.76 percent at 17,904, S&P 500 futures were down 0.73 percent at 2,082.5 and Nasdaq 100 futures were down 0.86 percent at 4,393.
** AOL INC, Monday close $42.59, +17.89 pct premarket
** VERIZON COMMUNICATIONS INC, Monday close $49.8, -0.96 pct premarket
Verizon Communications said it would buy AOL in a deal valued at about $4.4 billion.
** PALL CORP, Monday close $99.31, +20.00 pct premarket
The water and air filter maker is in the final stages of an auction that could value the company at more than $10 billion, the Wall Street Journal reported on Monday.