BUZZ-U.S. STOCKS ON THE MOVE-Baidu, Piedmont Natural, Xerox, FedEx
(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 were set to open little changed on Monday as investors paused ahead of a Federal Reserve policy meeting and key earnings reports later this week. Dow Jones industrial average e-mini futures were up 0.10 percent at 17,564, S&P 500 e-mini futures were up 0.04 percent at 2,066.75 and Nasdaq 100 e-mini futures were up 0.09 percent at 4,615.5.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Friday close $116.16, -9.07 pct premarket
The Canadian drugmaker said it has asked U.S. securities regulators to investigate a short-seller's "completely untrue" allegation that the company used its ties with a specialty pharmacy to inflate revenue, and said it would conduct a review of its pharmacy network.
The U.S.-listed shares fell as much as 14 percent earlier.
TAKE A LOOK-Valeant's rough week in the markets
** CTRIP.COM INTERNATIONAL LTD, Friday close $74.34, +18.64 pct premarket
** QUNAR CAYMAN ISLANDS LTD, Friday close $39.52, +26.52 pct premarket Continued...