MARKET PULSE-Apple, ViroPharma, Facebook, Transocean, ImmunoGen
U.S. stock index futures were slightly higher on Monday with the Dow index set for another record while trading volume was likely to be quiet due to the Veterans Day holiday. S&P 500 futures were up 2.4 points, Dow Jones industrial average futures up 23 points and Nasdaq 100 futures up 2 points.
** VIROPHARMA INC, Friday close $39.38, up 26 pct premarket
** SHIRE PLC, Friday close $134.40, up 3.4 pct premarket
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.
** APPLE INC, Friday close $520.56, up 0.2 pct premarket Continued...