MARKET PULSE-Apple, ViroPharma, Facebook, Transocean, ImmunoGen

Mon Nov 11, 2013 8:50am 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 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...