3 Min Read
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures fell around 1 percent on Monday as fears that Greece could be the first country to exit the euro zone intensified after bailout talks with lenders broke down over the weekend. Dow Jones industrial average e-mini futures were down 1.12 percent at 17,673, S&P 500 futures were down 1.15 percent at 2,071.75 and Nasdaq 100 futures were down 1.30 percent at 4,422.25.
** NATIONAL BANK OF GREECE, Friday close $1.28, -32.81 pct premarket
** DEUTSCHE BANK AG, Friday close $32.25, -6.64 pct premarket
** NOKIA, Friday close $7.23, -4.84 pct premarket
** TOTAL SA, Friday close $52.09, -4.82 pct premarket
** TELECOM ITALIA, Friday close $10.58, -4.54 pct premarket
European ADRs were trading lower premarket as the Greek turmoil spilt over across the Atlantic.
Greece closed its banks and imposed capital controls on Sunday to check the growing strains on its crippled financial system.
** NOVARTIS AG, Friday close $99.92, -1.02 pct premarket
The Swiss drugmaker boosted its presence in pain management on Monday by agreeing to buy U.S.-Australian biotech firm Spinifex Pharmaceuticals, the companies said in separate statements.
** GENERAL ELECTRIC CO, Friday close $27.09, -1.07 pct premarket
Canada's Element Financial Corp said it will buy General Electric's fleet management operations in the United States, Mexico, Australia and New Zealand for C$8.6 billion ($6.98 billion) in cash.
** HERBALIFE LTD, Friday close $53.75
Hedge fund manager William Ackman, who has made a $1 billion bet against Herbalife, on Friday asked the company's chief executive officer to release a video and say why he told an audience years ago that participating in Herbalife was a "lottery ticket."
** ARATANA THERAPEUTICS INC, Friday close $13.44
The animal health drug maker said on Friday that its experimental appetite-stimulating drug was found effective in dogs in a pivotal study.
** TWITTER INC, Friday close $35.26, -2.16 pct premarket
Rishi Garg, The company's vice president of corporate development and strategy, has resigned to pursue other projects, technology blog Re/code reported on Friday, citing a tweet from Garg.
** EGALET CORP, Friday close $15.07
The company said data showed its experimental painkiller was less likely to be abused than a form of morphine already being sold.
** CARLYLE GROUP LP, Friday close $28.54
The private equity firm said on Monday it agreed to pay $115 million for an 18.5 percent stake in Chinese company JIC Leasing Co Ltd, the firm's second investment in China in two days. (Compiled By Manya Venkatesh in Bengaluru; Editing by Simon Jennings)