October 27, 2014 / 11:34 AM / 4 years ago

BUZZ-U.S. Stocks on the Move-Allergan, Sarepta, Amazon, Salesforce

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U.S. stock index e-mini futures were little changed on Monday: Dow Jones industrial average futures were down 0.09 percent at 16,721, S&P 500 futures were down 0.19 percent at 1,956 and Nasdaq 100 futures were down 0.11 percent at 4,030.25.

** ALLERGAN INC, Friday close $184.21, +2.60 pct premarket


Valeant said it was prepared to improve its offer for Botox maker Allergan to at least $200 per share.

** SAREPTA THERAPEUTICS INC, Friday close $23.56, -29.12 pct premarket

The drugmaker said the U.S. Food and Drug Administration had requested additional data regarding the marketing application for its experimental muscle disorder drug, eteplirsen.

** TESLA MOTORS, Friday close $235.24, -0.68 pct premarket

The electric-car maker unveiled a leasing policy for its new Model S with an option for buyers in the United States to return the car within three months of purchase. U.S. Bank will offer a lease for buyers of the new Model S, lowering monthly lease payments by as much as 25 percent, Tesla Chief Executive Elon Musk said in a blog post dated Oct. 25.

** CVS HEALTH CORP, Friday close $84.29

** RITE AID CORP, Friday close $4.76, -1.26 pct premarket

** APPLE INC, Friday close $105.22, -0.27 pct premarket

Drug retailers CVS and Rite Aid have disabled Apple’s new electronic payments service Apple Pay from their stores over the weekend, the New York Times reported. Apple Pay, which was unveiled in September, is a mobile payment app that allows consumers to buy things by simply holding their iPhone6 and 6 Plus devices up to readers installed by store merchants.

** AMAZON.COM INC, Friday close $287.06, -0.54 pct premarket

Labor union Verdi has called on workers at the online retailer to go on strike at five locations across Germany, as a row over pay and conditions continues. Verdi said in a statement it had called workers to strike at distribution centers in Bad Hersfeld, Leipzig, Graben, Werne and Rheinberg.

** SANOFI SA, Friday close $54.02

The French pharmaceutical company’s board of directors said Chief Executive Chris Viehbacher’s succession was not on the agenda of a meeting scheduled for later on Monday, after Les Echos newspaper reported that the board may address the subject.

** SALESFORCE.COM INC, Friday close $59.57, +0.30 pct premarket

The cloud computing company is betting big on healthcare, hiring key personnel and ramping up investment in hopes of replacing outmoded medical industry infrastructure and carving out a $1 billion annual business.

** WILLIAMS COMPANIES INC, Friday close $53.24

** WILLIAMS PARTNERS LP, Friday close $50

** ACCESS MIDSTREAM PARTNERS LP, Friday close $60.83

Pipeline operator William Companies, which owns controlling interests in Williams Partners and Access Midstream, said the two master limited partnerships had amended the terms of their merger agreement. Under the revised terms, Williams Partners will merge with a subsidiary of Access Midstream in a unit-for-unit exchange of 0.86672 common units of Access Midstream for every Williams common unit.

** FORD MOTOR CO, Friday close $13.78, -0.22 pct premarket

The U.S. car maker’s new chief executive, Mark Fields, is giving the long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash. Lincoln, a storied Detroit brand which Ford has owned since 1922, has been in a swoon for the past two decades, leaving dealers and customers wondering if Ford management had left the brand for dead.

** FREEPORT-MCMORAN INC, Friday close $30.8

Workers at the miner’s giant Indonesian copper mine will hold a one-month strike from next week, a union official said on Monday, after the company failed to make changes to local management following a fatal accident.

** CONTINENTAL RESOURCES INC, Friday close $56.73

South Korea’s SK E&S Co Ltd said on Monday that it had bought a $360 million stake in a shale gas reserve from U.S. oil driller Continental, adding that the companies would co-develop the reserve and start production from 2017. (Compiled by Yashaswini Swamynathan in Bangalore; Editing by Kirti Pandey)

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