BUZZ-U.S. STOCKS ON THE MOVE-Valeant, Krispy Kreme, Baidu

Mon May 9, 2016 8:51am 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) Wall Street was set to open slightly higher on Monday, after the disappointing U.S. jobs report on Friday suggested the Federal Reserve would raise rates just once this year: Dow Jones industrial average futures were up 0.10 percent at 17,689, S&P 500 futures were up 0.11 percent at 2,055 and Nasdaq 100 futures were up 0.19 percent at 4,336.5.

** VALEANT PHARMACETICALS INTERNATIONAL INC, Friday close $29.89, +4.38 pct premarket

The Canadian drugmaker said on Monday it expects to file its first-quarter report with the regulators on or before June 10, ahead of the July 31 deadline.

** KRISPY KREME DOUGHNUTS INC, Friday close $16.86, +23.67 pct premarket

The doughnut chain operator said it will be taken private by a unit of investment firm JAB Holding Co for about $1.35 billion.

** BAIDU INC, Friday close $173.94, -5.55 pct premarket   Continued...