MARKET PULSE-Celgene, Renesola, Herbalife, Sprint, Apple

Mon Mar 24, 2014 8:49am EDT
 
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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/nex49s) U.S. stock index futures edged higher on Monday as a weak reading on Chinese manufacturing raised hopes that the Chinese government would issue new stimulus to combat slowing momentum, though ongoing tensions in Ukraine weighed on sentiment. Dow Jones industrial average futures were up 0.17 percent at 16,249, S&P 500 futures were up 0.27 percent at 1,862.1 and Nasdaq 100 futures were up 0.25 percent at 3,648.

** HERBALIFE LTD, Friday close $49.54, +6.92 pct premarket

The nutrition and weight-loss company said it would allow three more representatives of billionaire investor Carl Icahn to join its board, sending the company's shares up before the bell on Monday.

** MICROSOFT CORP, Friday close $40.16, +0.50 pct premarket

** NOKIA CORP, Friday close $7.17, +1.12 pct premarket

The Finland-based handset maker does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make more concessions to get the deal done.

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