March 30, 2015 / 11:59 AM / 3 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Horizon Pharma, Catamaran, Teva, Alibaba

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter,; for the Morning News Call newsletter, U.S. stock index futures rose on Monday, pointing to a second straight daily gain as a trio of M&A deals lifted sentiment after a recent bout of weakness. Dow Jones industrial average e-mini futures were up 0.62 percent at 17,735, S&P 500 futures were up 0.50 percent at 2,062.75 and Nasdaq 100 futures were up 0.63 percent at 4,353.

** CELLULAR DYNAMICS INTERNATIONAL INC, Friday close $7.94, +114.11 pct premarket

Japan’s Fujifilm Holdings Corp said on Monday it has agreed to acquire U.S. biotechnology firm Cellular Dynamics International Inc (CDI) for $307 million.

** HORIZON PHARMA PLC, Friday close $21.81, +12.33 pct premarket

** HYPERION THERAPEUTICS INC, Friday close $42.74, +6.64 pct premarket

Ireland’s Horizon said it would buy the U.S. drugmaker for about $1.1 billion to add to its line-up of drugs that treat rare diseases. Horizon will pay $46 per share, a premium of 7.6 percent to Hyperion’s Friday closing price.

** UNITEDHEALTH GROUP, Friday close $118.01, +3.80 pct premarket

** CATAMARAN CORP, Friday close $48.32, +24.07 pct premarket

Health insurer UnitedHealth’s unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about $12.8 billion.

** BIODELIVERY SCIENCES INTERNATIONAL INC, Friday close $13.89, -28.94 pct premarket

The drugmaker said its drug to treat painful nerve damage caused by diabetes failed to meet its main goals in a late-stage study.

** TEVA PHARMACEUTICAL INDUSTRIES LTD, Friday close $61.98, -1.10 pct premarket

** AUSPEX PHARMACEUTICALS INC Friday close $70.91, +41.04 pct premarket

Israel’s Teva said it would buy the U.S. drug developer for $3.5 billion to boost its portfolio of treatments for the central nervous system.

** ALIBABA GROUP HOLDING LTD, Friday close $84.58, +0.79 pct premarket

Germany’s BMG music rights company said it had signed a music digital distribution deal with China’s Alibaba, as the world’s largest e-commerce firm firms up its bid to become a digital media empire.

** EXXON MOBIL CORP, Friday close $83.58, +0.48 pct premarket

Exxon is considering scaling up plans for a multibillion-dollar expansion of its Beaumont, Texas, oil refinery to make it one of the largest in the world, according to sources familiar with the plans.

** INTERCEPT PHARMACEUTICALS INC, Friday close $293.91, +1.05 pct premarket

The drugmaker has moved to the front in the race to produce treatments for the serious liver disease known as NASH following the failure of a rival drug from France’s Genfit in a midstage clinical trial, according to analysts and investors.

** ADAMIS PHARMACEUTICALS CORP, Friday close $5.39, -27.64 pct premarket

The United States Food and Drug Administration rejected Adamis’ injection for treating severe allergic reactions, the company said.

** E-HOUSE CHINA HOLDINGS LTD, Friday close $5.36, +10.07 pct premarket

** LEJU HOLDINGS LTD, Friday close $7.91, +9.99 pct premarket

** SOUFUN HOLDINGS LTD, Friday close $5.96, +7.38 pct premarket

Shares of U.S.-listed Chinese real estate companies rose after China’s central bank eased lending policies for purchases of second homes. The People’s Bank of China said it would adjust the minimum down-payment for second home buyers and improve lending policies to promote “healthy development of the real estate market”.

** INTEL CORP, Friday close $32, -1.63 pct premarket

** ALTERA CORP, Friday close $44.39, +0.36 pct premarket

Intel is in talks to buy fellow chipmaker Altera, in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel’s biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.

** DOW CHEMICAL CO, Friday close $47.76, +2.28 pct premarket

** OLIN CORP, Friday close $31, +1.10 pct premarket

Dow will separate a portion of its century-old chlorine business and sell it to Olin in a tax-efficient deal worth $5 billion as part of efforts to shed low-margin assets.

** YAHOO INC, Friday close $45.1, +0.53 pct premarket

** MICROSOFT CORP, Friday close $40.97, +0.68 pct premarket

Yahoo and Microsoft agreed to extend by 30 days the deadline to re-negotiate a 10-year search deal, as the two internet companies attempt to revamp a thorny partnership crafted by former chief executives.

** DUPONT, Friday close $71.65

Fidelity Investments, a major investor in DuPont, has put pressure on activist fund Trian Fund Management LP and the chemical conglomerate to reach a settlement in what it sees as a detrimental proxy fight, according to people close to the matter.

** FORD MOTOR CO, Friday close $15.98, +0.56 pct premarket

The automaker plans to resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand’s image in the United States and China.

** BEST BUY CO INC, Friday close $38.48, +0.21 pct premarket

The U.S. electronics retailer plans to close some stores and consolidate its operations in Canada, its second-largest market, in a move that will hurt earnings this year, the company said on Saturday.

** CITIGROUP INC, Friday close $51

The Argentine securities regulator said on Friday that Citibank Argentina had violated local laws in striking a deal with litigating U.S. hedge funds and suspended the bank from conducting capital market operations.

** CHEVRON CORP, Friday close $104.28

The U.S. energy giant Chevron sold its entire stake in refiner Caltex Australia Ltd for A$4.7 billion ($3.7 billion) in Asia’s biggest block deal this year, as falling oil prices and high costs hurt margins.

$1 = 1.2905 Australian dollars Compiled by Ramkumar Iyer in Bengaluru; Editing by Simon Jennings

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