MARKET PULSE-Apple, ViroPharma, Bank of America, Transocean

Mon Nov 11, 2013 7:48am EST
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** APPLE INC, Friday close $520.56

The company is developing new iPhone designs including bigger screens with curved glass and enhanced sensors that can detect different levels of pressure, Bloomberg reported on Sunday, citing a unnamed person familiar with the plans.

** VIROPHARMA INC, Friday close $39.38, up 26 pct premarket

London-listed Shire is buying the company for $4.2 billion, attracted by a pipeline of potentially lucrative drugs to treat rare diseases, a growing trend as drugs companies lose revenues from patent expiries on conventional treatments.

** BANK OF AMERICA CORP, Friday close $14.32, down 0.1 pct premarket

The U.S. government urged that the bank pay $863.6 million in damages after a federal jury found it liable for fraud over defective mortgages sold by its Countrywide unit.   Continued...