March 21, 2016 / 1:23 PM / 2 years ago

BUZZ-U.S. STOCKS ON THE MOVE-Starwood, Valspar, IHS, Valeant

(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 were little changed on Monday. Dow Jones industrial average futures were down 0.01 percent at 17,490, S&P 500 futures were down 0.06 percent at 2,036.25 and Nasdaq 100 futures were down 0.03 percent at 4,393.25.

** STARWOOD HOTELS AND RESORTS WORLDWIDE INC, Friday close $80.57, +4.62 pct premarket

** MARRIOTT INTERNATIONAL INC, Friday close $73.16, -0.56 pct premarket

Marriott said it made a higher offer for Starwood that was accepted by the owner of the Sheraton and Westin hotel brands.

** VALSPAR CORP, Friday close $83.83, +26.02 pct premarket

** SHERWIN-WILLIAMS CO, Friday close $288.69, -1.62 pct premarket

Valspar’s shares are set to open at a record high after rival Sherwin-Williams said on Sunday it would acquire the paint maker in an all-cash deal valued at about $9.3 bln, or $113 per share.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC, Friday close $26.98, shares halted premarket

The embattled Canadian drugmaker said Chief Executive Michael Pearson would step down and that the company had appointed activist investor William Ackman to its board.

** IHS INC, Friday close $110.71, +4.48 pct premarket

** MARKIT LTD, Friday close $29.49, +6.82 pct premarket

U.S. business research provider IHS said it would buy Markit in an all-stock deal valuing the London-based financial data company at about $5.9 billion.

** NEW YORK MORTGAGE TRUST INC, Friday close $4.67, +9.21 pct premarket

The mortgage REIT declared a regular quarterly dividend of 24 cents per share in cash for the quarter ending March 31 (Compiled by Yashaswini Swamynathan in Bengaluru; Edited by Don Sebastian)

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