BUZZ-U.S. STOCKS ON THE MOVE-Ctrip.Com, Pep Boys, BioDelivery
(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 little changed on Monday ahead of this week's Federal Reserve policy meeting and quarterly earnings reports from key companies including Apple. The Dow Jones industrial average was down 0.05 percent at 17,637.35, the S&P 500 was down 0.23 percent at 2,070.28 and the Nasdaq Composite was down 0.16 percent at 5,023.667.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, $111.999, -3.58 pct
The Canadian drugmaker's 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.
TAKE A LOOK-Valeant's rough week in the markets
** CTRIP.COM INTERNATIONAL LTD, $95, +27.79 pct
** QUNAR CAYMAN ISLANDS LTD, $45.38, +14.83 pct
** BAIDU INC, $171, +8.50 pct Continued...