(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 were higher on Tuesday as Brent crude steadied above the 11-year low it hit last week. Dow Jones industrial average futures were up 0.44 percent at 17,514, S&P 500 futures were up 0.38 percent at 2,056.5 and Nasdaq 100 futures were up 0.45 percent at 4,634.5.
** PEP BOYS-MANNY MOE & JACK, Monday close $17.41, +6.20 pct premarket
The U.S. auto parts retailer said its board determined activist investor Carl Icahn’s latest buyout offer was superior to the deal it accepted from Bridgestone Corp. Icahn raised his offer to value the company at about $1 billion.
** CHIPOTLE MEXICAN GRILL INC, Monday close $493.52
The restaurant chain operator said it reopened its Boston restaurant, which was linked to a norovirus outbreak that sickened more than 130 people earlier this month.
** JPMORGAN CHASE & CO, Monday close $66.38
The U.S. bank will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter.
** CISCO SYSTEMS INC, Monday close $27.31
The network equipment maker did not infringe a patent holding company’s wifi technology, a U.S. appeals court ruled on Monday, reversing a near $64-million judgment against the networking equipment maker in the long-running patent dispute.
** GRUBHUB INC, Monday close $24.99
Venture capitalist Bill Gurley resigned from the online food delivery service company’s board last week, the Wall Street Journal reported on Monday.
** WHOLE FOODS MARKET INC, Monday close $34.24
The upscale grocer has agreed to pay $500,000 to resolve an investigation into whether the supermarket chain charged too much for some prepackaged foods at its New York City stores, a city agency announced on Monday.
** KKR & CO LP, Monday close $15.8
Pillarstone Italy, an investment vehicle set up by the U.S. private equity fund KKR, has entered into exclusive talks to buy Italian telecommunications group Sirti, it said on Monday.
** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Monday close $102.14, +1.81 pct premarket
The drug developer on Monday said a group of company executives will immediately take over for its chief executive officer until he returns from medical leave, news that sent its shares tumbling 10 percent. (Compiled by Arunima Banerjee in Bengaluru; Editing by Maju Samuel)