MARKET PULSE-Mercury Systems, Mylan, GrubHub, China Sunergy, Synnex, Ocean Power
(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. stocks were set for a higher open on Friday, putting the S&P 500 on track to hold near its record high, after the March payrolls report suggested the economy may be gaining momentum. Dow Jones industrial average futures were up 0.32 percent at 16,554, S&P 500 futures were up 0.42 percent at 1,890.9 and Nasdaq 100 futures were up 0.50 percent at 3,649.
** BOEING INC, Thursday close $128.78, +0.56 pct premarket
** MERCURY SYSTEMS INC, Thursday close $13.23, +13.00 pct premarket
Boeing is considering buying the company which supplies digital signal and image processing systems to the aerospace and defense industry, according to two people familiar with the matter.
Mercury, which has a market value of roughly $440 million, supplies to companies including Boeing, Lockheed Martin Corp , Northrop Grumman Corp and Raytheon Co.
** HALOZYME THERAPEUTICS INC, Thursday close $11.59, -31.41 pct premarket
The drugmaker said it was temporarily halting enrolment of patients and dosing of its cancer drug in a mid-stage trial on patients with pancreatic cancer, after the recommendation of an independent safety committee.