BUZZ-U.S. STOCKS ON THE MOVE-Merit Medical, VBI Vaccines, PGT, steel stocks
(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 indexes were slightly lower on Monday as a fall in crude oil prices weighed on energy stocks and Apple's shares retreated a day before its quarterly results. The Dow Jones industrial average was down 0.01 percent at 17,644.13, the S&P 500 was down 0.09 percent at 2,073.21 and the Nasdaq Composite was up 0.13 percent at 5,038.367.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, $113.65, -2.16 pct
The Canadian drugmaker laid out a detailed defense of its relationship with a little-known specialty pharmacy, but its arguments failed to calm all investors' concerns.
For a shares graphic, (link.reuters.com/rup85w)
BREAKINGVIEWS-Valeant's clarification efforts further tangle web
TAKE A LOOK-Valeant's rough week in the markets
** CTRIP.COM INTERNATIONAL LTD, $90.46, +21.68 pct Continued...