BUZZ-U.S. STOCKS ON THE MOVE-Quintiles, UBS, AIG, On Deck

Tue May 3, 2016 9:05am EDT
 
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(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 sharply lower on Tuesday after weak Chinese economic data raised concerns about the health of the global economy: Dow Jones industrial average futures were down 0.66 percent at 17,682, S&P 500 futures were down 0.69 percent at 2,060 and Nasdaq 100 futures were down 0.69 percent at 4,339.

** QUINTILES TRANSNATIONAL HOLDINGS INC, Monday close $69.1, -6.08 pct premarket

** HEALTH HOLDINGS INC, Monday close $26.87, -3.28 pct premarket

Contract medical research provider Quintiles and healthcare information company IMS said they would merge in a deal valued at $9 billion.

** MYLAN NV, Monday close $42.71, +3.37 pct premarket

Drugmaker Mylan posted a 17 percent rise in quarterly revenue, helped by higher generic drug sales, and stood by its full-year revenue and adjusted profit forecast.

** AMERICAN INTERNATIONAL GROUP INC, Monday close $56.59, -2.42 pct premarket   Continued...