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,; for the Morning News Call newsletter, 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...