MARKET PULSE-BlackBerry, Steinway, Vical, Broadcom, Campbell, Linn Energy
Aug 12 (Reuters) - Some U.S. stocks to watch on Monday:
FUTURES LOWER, SUGGESTING RECENT DECLINE WILL PERSIST
U.S. stock index futures pointed to a lower open on Monday after shares recorded the biggest weekly decline since mid-June last week and investors found few reasons to buy.
S&P 500 futures fell 7.7 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures lost 56 points, and Nasdaq 100 futures slid 9.5 points.
** BLACKBERRY LTD, Friday close $9.76, up 8 pct premarket
The Canadian smartphone maker said it has set up a committee to explore strategic alternatives, including joint ventures, partnerships or a sale of the company.