BUZZ-U.S. STOCKS ON THE MOVE-Valspar, Starwood, Valeant, IHS,
(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 little changed on Monday. The Dow Jones industrial average was up 0.17 percent at 17,632.64, the S&P 500 was up 0.11 percent at 2,051.77 and the Nasdaq Composite was up 0.21 percent at 4,805.846.
** VALSPAR CORP, $103.84, +23.87 pct
** SHERWIN-WILLIAMS CO, $274.23, -5.01 pct
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.
** STARWOOD HOTELS AND RESORTS WORLDWIDE INC, $83.76, +3.96 pct
** MARRIOTT INTERNATIONAL INC, $72.02, -1.56 pct
Marriott said it made a higher offer for Starwood that was accepted by the owner of the Sheraton and Westin hotel brands. Continued...