(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 e-mini futures fell on Tuesday: Dow Jones industrial average futures were down 0.58 percent at 17,756, S&P 500 futures were down 0.60 percent at 2,063 and Nasdaq 100 futures were down 0.53 percent at 4,349.5.
** SYNTA PHARMACEUTICALS CORP, Monday close $2.33, -20.17 pct premarket
The drug developer said it would commence a public offering of common shares, but did not say when the offering would be completed or provide any details on the number of shares or price.
** TECK RESOURCES LTD, Monday close $15.27, -6.68 pct premarket
The Canadian miner and Antofagasta Plc are exploring a merger that would create one of the world’s biggest copper producers, Bloomberg reported, citing people with knowledge of the matter.
** GLAXOSMITHKLINE PLC, Monday close $47.2, -1.69 pct premarket
** JOHNSON & JOHNSON, Monday close $101.55, +0.12 pct premarket
GlaxoSmithKline has agreed to settle a lawsuit by Johnson & Johnson accusing it of using false advertising at the start of the U.S. allergy season to grab market share.
** GROUPON INC, Monday close $7.43, -3.10 pct premarket
** KKR & CO LP, Monday close $22.77
Private equity firms KKR and Hong Kong-based Anchor Partners are in talks to buy a majority stake in Groupon’s South Korean unit for around 350 billion won ($316 million), a South Korean newspaper reported on Tuesday.
($1 = 1,107.3200 won)
** CABLEVISION SYSTEMS CORP, Monday close $18.48
The U.S. cable T.V. operator is planning to make an offer for the New York Daily News as early as this week, valuing the troubled tabloid at just $1, according to a person familiar with the matter.
** INTERNATIONAL BUSINESS MACHINES CORP, Monday close $162.67
The company said it would invest $3 billion over the next four years in a new ‘Internet of Things’ unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data.
** HERBALIFE LTD, Monday close $42.72
Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife of running a pyramid scheme, said on Monday that shutting down the company is “one of the most important things” he can do.
** STARBUCKS CORP, Monday close $95.98
Starbucks and Danone SA will begin selling a smoothie line at more than 4,300 U.S. Starbucks shops as part of a Greek yogurt partnership that will also include yogurt parfaits and ready-to-eat yogurt to be sold by grocers.
** CITIGROUP INC, Monday close $51.64
The U.S. bank has agreed to sell its credit card unit in Japan to Sumitomo Mitsui Trust Bank, the companies said on Tuesday, as Citi slims down globally to bolster its profitability.
** CONOCOPHILLIPS, Monday close $64
The American oil company plans to invest about $2.5 billion in Indonesia’s upstream oil and gas industry over the next three or four years, the nation’s energy minister said on Tuesday.
** ALIBABA GROUP HOLDING LTD, Monday close $83.9
The online retailer’s healthcare subsidiary will tie-up with Zhejiang DiAn Diagnostics Co Ltd to help develop an online hospital platform, the diagnostics firm said in a filing late on Monday.
** EXXON MOBIL CORP, Monday close $85.63
The oil and gas producer said it started production in the deepwater Gulf of Mexico at Hadrian South, its deepest subsea tie-back. The daily gross production from the project is expected to reach about 300 mln cubic feet of gas and 3,000 barrels of liquids from two wells.
** VAALCO ENERGY INC, Monday close $3.13
The oil and gas producer said it is abandoning its first well drilled offshore Angola as it was found to be water-bearing.
** INSMED INC, Monday close $21.09
The drug developer said it is offering 10 million shares of its common stock, and intends to use the proceeds to develop respiratory drugs ARIKAYCE and INS1009. (Compiled by Ramkumar Iyer in Bengaluru; Editing by Simon Jennings)