BUZZ-U.S. STOCKS ON THE MOVE-Raptor Pharma, Geron, Caesarstone

Mon Sep 12, 2016 1:51pm EDT
 
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Sept 12 (Reuters) - U.S. stock indexes were higher on Monday after Federal Reserve Board Governor Lael Brainard stuck to her dovish stance on interest rates, saying the central bank must be cautious in removing monetary stimulus too quickly.

The Dow Jones Industrial Average was up 0.80 percent at 18,230.29, the S&P 500 was up 0.92 percent at 2,147.39 and the Nasdaq Composite was up 1.10 percent at 5,182.442.

** PERRIGO CO PLC, $95, +7.09 pct

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.

** HORIZON PHARMA PLC, $18.645, +8.02 pct

** RAPTOR PHARMACEUTICAL CORP, $8.96, +20.27 pct   Continued...