BUZZ-U.S. STOCKS ON THE MOVE-KaloBios, Electronic Arts, TransAlta
(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 held onto meager gains in lackluster early-afternoon trading on Monday in the run-up to Thursday's Thanksgiving holiday. The Dow Jones industrial average was down 0.03 percent at 17,818.74, the S&P 500 was up 0.14 percent at 2,092.03 and the Nasdaq Composite was up 0.23 percent at 5,116.738.
** ALLERGAN PLC, $305.34, -2.28 pct
** PFIZER INC, $31.555, -1.94 pct
Pfizer, the maker of Viagra and Lipitor, has struck a deal to buy Botox-maker Allergan in a transaction valued at about $160 billion.
** TYSON FOODS INC, $48.05, +10.08 pct
The biggest U.S. meat processor reported better-than-expected quarterly sales, helped by strong demand for chicken products and as the Hillshire Brands acquisition boosted sales of prepared foods.