BUZZ-U.S. STOCKS ON THE MOVE-Potash Corp, Perrigo, Praxair

Mon Sep 12, 2016 7:39am 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,

Sept 12 (Reuters) - U.S. stock index futures were lower for the third straight day on Monday as oil prices fell and on increasing speculation about a possible U.S. interest rate hike as early as next week.

Dow Jones industrial average futures were down 0.64 percent at 17,926, S&P 500 futures were down 0.61 percent at 2,109.75 and Nasdaq 100 futures were down 0.77 percent at 4,635.25.

** PERRIGO CO PLC, Friday close $88.71, +3.67 pct premarket

Starboard Value LP disclosed a 4.6 percent stake in the generic drugmaker, making the activist investor one of the Dublin-based drugmaker's biggest shareholders.

** POTASH CORP OF SASKATCHEWAN INC, Friday close $16.97, +2.24 pct premarket

Canada's Agrium Inc and Potash Corp said on Monday they would combine to create a fertilizer and farm retailing giant with proforma enterprise value of $36 billion.   Continued...