November 28, 2016 / 1:32 PM / in 2 years

BUZZ-U.S. STOCKS ON THE MOVE-Time Inc, Idera Pharmaceuticals and gold miners

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U.S. stock index futures pulled back on Monday, after the three major indexes extended their post-election rally and closed at record highs.

Dow Jones industrial average futures were down 0.29 percent at 19,088, S&P 500 futures were down 0.28 percent at 2,205 and Nasdaq 100 futures were down 0.18 percent at 4,859.75.

** TIME INC, Friday close $13.8, +9.78 pct premarket

The publisher of People and Fortune magazines has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported.

** IDERA PHARMACEUTICALS INC, Friday close $1.83, +12.57 pct premarket

The drugmaker signed an agreement with Vivelix Pharmaceuticals Ltd, granting the company worlwide rights to develop and market IMO-9200, a treatment for digestive tract disorders.

** FIRST MAJESTIC SILVER CORP, Friday close $8.30, +1.93 pct premarket

** HARMONY GOLD MINING CO LTD, Friday close $2.27, +3.08 pct premarket

** ANGLOGOLD ASHANTI LTD, Friday close $10.88, +3.03 pct premarket

** BARRICK GOLD CORP, Friday close $14.76, +1.22 pct premarket

** YAMANA GOLD INC, Friday close $2.92, +0.68 pct premarket

U.S.-listed stocks of gold miners were up as gold rose over 1 percent, recovering from near 10-month lows, as the U.S. dollar extended losses after touching a near 14-year high last week.

** LKQ CORP, Friday close $33.44

The U.S. car parts firm acquired 26.5 percent of the shares in Mekonomen Group from investment company Axel Johnson AB.

** JOHNSON & JOHNSON, Friday close $114.13, +0.41 pct premarket

The U.S. healthcare company said on Friday it was in preliminary talks with Actelion about a potential takeover of Europe’s largest biotech firm, currently valued at about $20 billion.

** BOEING CO, Friday close $150.04, -0.79 pct premarket

Norway plans to order five of the company’s P-8A Poseidon maritime patrol planes to maintain its surveillance capacity and meet future security challenges, the NATO country’s Defence Ministry said.


Privately held Silverback Exploration LLC will sell oil and gas assets in the Delaware Basin, Texas, for $855 million to Centennial Resource Development Inc, which is backed by energy private equity fund Riverstone Holdings LLC.

Compiled by John Benny in Bengaluru; Edited by Martina D'Couto

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