November 28, 2016 / 1:32 PM / a year ago

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.

** CENTENNIAL RESOURCE DEVELOPMENT INC, Friday close $15.31

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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