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BUZZ-U.S. STOCKS ON THE MOVE-Mylan, Pfizer, Genomic Health

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U.S. stocks were set to open just off record highs on Monday, pausing at the start of a week likely to be dominated by Wednesday’s statement by the Federal Reserve and a round of tech company earnings that will again test the impact of trade concerns on global growth.

At 8:46 a.m. ET, Dow e-minis were up 0.05% at 27,163. S&P 500 e-minis were up 0.03% at 3,025.5, while Nasdaq 100 e-minis were up 0.08% at 8,026. The top three NYSE percentage gainers premarket: ** Medley LLC, up 37.2% ** Medley Capital Corp, up 13.3% ** Medley Management Inc, up 9.2% The top three NYSE percentage losers premarket: ** On Deck Capital Inc, down 12.4% ** Cooper Tire & Rubber Co, down 11.6% ** Insperity Inc, down 7.4% The top three Nasdaq percentage gainers premarket: ** SINTX Technologies Inc, up 44.0% ** China Lending Corp, up 17.9% ** Quicklogic Corp, up 15.1% The top three Nasdaq percentage losers premarket: ** Lexicon Pharmaceuticals Inc, down 52.5% ** Top Ships Inc, down 16.9% ** Evoke Pharma Inc, down 15.1% ** Starbucks Corp: down 1.0% premarket BUZZ-JPMorgan cuts to ‘neutral’ on “stretched” valuation ** Tower Semiconductor Ltd: up 10.4% premarket BUZZ-Jumps on Q2 profit beat, plans to expand capacity ** Mylan NV: up 12.8% premarket ** Pfizer Inc: down 3.7% premarket ** Bausch Health Companies Inc: up 1.8% premarket ** Teva Pharmaceutical Industries Ltd: up 4.4% premarket ** Mallinckdrot PLC: up 0.4% premarket Mylan to combine with Pfizer’s off-patent medicines unit BUZZ-Mylan shares leap on merger with Pfizer unit ** Genomic Health Inc: up 3.2% premarket ** Exact Sciences Corp: down 5.5% premarket Exact Sciences to buy Genomic Health for $2.8 billion ** Pieris Pharmaceuticals Inc: up 9.5% premarket BUZZ-Pieris Pharma jumps on acceptance of asthma drug presentation ** NXP Semiconductors NV: up 1.7% premarket BUZZ-Evercore expects Q2 results to be good enough, upgrades ** PayPal Holdings Inc: down 1.6% premarket BUZZ-Guggenheim expects tougher 2020, downgrades to ‘sell’ ** Anavex Life Sciences Corp: up 7.1% premarket BUZZ-Jumps as co’s brain disorder drug nears orphan status in EU ** Dow Inc: down 1.3% premarket BUZZ- Citi downgrades on weakness in all major supply chains ** Booz Allen Hamilton Holding Corp: up 4.9% premarket BUZZ-Jumps on Q1 revenue, profit beat ** Cooper Tire & Rubber Co: down 11.6% premarket BUZZ-Falls after Q2 miss, outlook ** Cidara Therapeutics Inc: up 11.3% premarket BUZZ-Jumps after antifungal treatment succeeds mid-stage study ** Novocure Ltd: up 2.8% premarket BUZZ-Novocure to open at record high, SunTrust upgrades to “buy” ** GrubHub Inc: up 6.1% premarket BUZZ-Gains as European peers Eat eye $10 bln merger ** McDonald’s Corp: up 0.4% premarket BUZZ-McDonald’s promotions and upgraded stores attract customers ** Twitter Inc: down 0.7% premarket BUZZ-Street View: Twitter moving up on steady flight path (Compiled by Soundarya J in Bengaluru)