2 Min Read
(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 futures were little changed on Monday. Dow Jones industrial average futures were down 0.01 percent at 17,490, S&P 500 futures were down 0.06 percent at 2,036.25 and Nasdaq 100 futures were down 0.03 percent at 4,393.25.
** STARWOOD HOTELS AND RESORTS WORLDWIDE INC, Friday close $80.57, +4.62 pct premarket
** MARRIOTT INTERNATIONAL INC, Friday close $73.16, -0.56 pct premarket
Marriott said it made a higher offer for Starwood that was accepted by the owner of the Sheraton and Westin hotel brands.
** VALSPAR CORP, Friday close $83.83, +26.02 pct premarket
** SHERWIN-WILLIAMS CO, Friday close $288.69, -1.62 pct premarket
Valspar's shares are set to open at a record high after rival Sherwin-Williams said on Sunday it would acquire the paint maker in an all-cash deal valued at about $9.3 bln, or $113 per share.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Friday close $26.98, shares halted premarket
The embattled Canadian drugmaker said Chief Executive Michael Pearson would step down and that the company had appointed activist investor William Ackman to its board.
** IHS INC, Friday close $110.71, +4.48 pct premarket
** MARKIT LTD, Friday close $29.49, +6.82 pct premarket
U.S. business research provider IHS said it would buy Markit in an all-stock deal valuing the London-based financial data company at about $5.9 billion.
** NEW YORK MORTGAGE TRUST INC, Friday close $4.67, +9.21 pct premarket
The mortgage REIT declared a regular quarterly dividend of 24 cents per share in cash for the quarter ending March 31 (Compiled by Yashaswini Swamynathan in Bengaluru; Edited by Don Sebastian)