BUZZ-U.S. Stocks on the Move-MannKind, Kinder Morgan, Priceline, Achillion, Biodel
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index e-mini futures rose on Monday: Dow Jones industrial average futures were up 0.47 percent at 16,556, S&P 500 futures were up 0.49 percent at 1,933.25 and Nasdaq 100 futures were up 0.57 percent at 3,895.75.
** MANNKIND CORP, Friday close $8.13, +20.54 pct premarket
French drugmaker Sanofi is betting on inhaled insulin as an alternative option to daily injections for diabetics by signing a worldwide licensing agreement with MannKind Corp worth up to $925 million.
** DEAN FOODS CO, Friday close $15.81, -8.98 pct premarket
The largest U.S. milk processor posted a wider-than-expected adjusted loss in the second quarter and withdrew its full-year forecast, citing record high milk costs. "This is by far the most difficult operating environment in the history of the company...," Chief Executive Gregg Tanner said. "The balance of the year appears rocky, with a continued unpredictable and volatile dairy commodity environment."
** KINDER MORGAN INC, Friday close $36.12, +17.97 pct premarket
** KINDER MORGAN ENERGY PARTNERS LP, Friday close $80.34, +22.53 pct premarket Continued...