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

Mon Nov 11, 2013 8:00am EST
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s); for the Morning News Call newsletter, link.reuters.com/tab64v)

U.S. stock index futures were little changed on Monday as the market was set to take a breather after the Dow and the S&P 500 rose for the fifth consecutive week. S&P 500 futures were up 0.4 point and Dow Jones industrial average futures were up 8 points. Nasdaq 100 futures were down 2 points.

** 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.   Continued...