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