BUZZ-U.S. STOCKS ON THE MOVE-Western Digital, Valeant, Fitbit

Tue Feb 23, 2016 7:46am EST
 
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U.S. stock index futures turned lower on Tuesday as a rally in oil and other commodities ended, dashing hopes of a sustained recovery from this year's brutal selloff: Dow Jones industrial average futures were up 0.05 percent at 16,547, S&P 500 futures were down 0.04 percent at 1,935.5 and Nasdaq 100 futures were down 0.16 percent at 4,208.

WESTERN DIGITAL CORP, Monday close $46.1, -6.62 pct premarket

The hard-disk maker said a unit of China's Unisplendour Corp Ltd terminated a deal to take a 15 percent stake in the company after a decision by the Committee on Foreign Investment in the United States (CFIUS) to conduct an investigation.

** UNITED TECHNOLOGIES CORP, Monday close $92.37, -0.94 pct premarket

** HONEYWELL INTERNATIONAL INC, Monday close $105.17, +0.08 pct premarket

United Technologies on Monday disclosed merger talks with fellow aerospace component supplier Honeywell but said a deal would "face insurmountable regulatory obstacles."

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Monday close $75.92, +4.49 pct premarket   Continued...