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RPT-BUZZ-U.S. Stocks on the Move-MannKind, Kinder Morgan, Priceline, Achillion, Biodel

Mon, 11th Aug 2014 12:04

(Repeats to additional subscribers)(For faster updates on individual market-movers, Eikon usersplease use search string "STXBZ US"; for more market insights,including options activity, ; for the Day Aheadnewsletter, http://link.reuters.com/mex49s; for the Morning NewsCall newsletter, http://link.reuters.com/nex49s)U.S. stock index e-mini futures rose on Monday: Dow Jonesindustrial average futures were up 0.39 percent at16,544, S&P 500 futures were up 0.48 percent at 1,933 andNasdaq 100 futures were up 0.59 percent at 3,896.5.

** MANNKIND CORP, Friday close $8.13, +25.46 pctpremarket

French drugmaker Sanofi is betting on inhaledinsulin as an alternative option to daily injections fordiabetics by signing a worldwide licensing agreement withMannKind Corp worth up to $925 million.

** KINDER MORGAN INC, Friday close $36.12, +17.11pct premarket

** KINDER MORGAN ENERGY PARTNERS LP, Friday close$80.34, +24.53 pct premarket

** KINDER MORGAN MANAGEMENT, Friday close$77.02, +34.06 pct premarket

** EL PASO PIPELINE PARTNERS, Friday close$33.6, +30.98 pct premarket

Top U.S. pipeline company Kinder Morgan Inc said it will putall its publicly traded units under one roof in a $70 billiondeal, responding to investor concerns about its growth prospectsand complicated financial structure.

The company said it would shed the tax-advantaged legalstructure, the Master Limited Partnership, and fold its unitsinto one company with a market capitalization of $92 billionorganized as a C-corporation.

The affected units include Kinder Morgan Energy Partners,Kinder Morgan Management, and El Paso Pipeline Partners. Thedeal is comprised of $40 billion in Kinder Morgan equity, $4billion in cash and $27 billion in assumed debt.

** MCDONALD'S CORP, Friday close $93.55, -0.05 pctpremarket

** YUM BRANDS INC, Friday close $69.97

** BURGER KING, Friday close $26.09

Five fast food chains including McDonald's and Yum Brandshave published details of their suppliers on their Chinesewebsites following a request from Shanghai authorities after afood safety scare.

Shanghai's Municipal Food and Drug Administration said onSaturday it had asked the two chains, along with Burger King,Dicos and Carl's Jr, to publish the usually confidentialinformation as part of efforts government efforts to strengthenoversight of food suppliers.

** PRICELINE GROUP INC, Friday close$1,281.56, -1.07 pct premarket

The online travel agency forecast third-quarter earningsbelow analysts' estimates, mainly due to heavy spending on itsinternational expansion.

** TEKMIRA PHARMACEUTICALS CORP, Friday close$20.7, +11.06 pct premarket

Global health agencies are only starting to consider whetherto make experimental Ebola drugs, most of which have only beentested on monkeys, available to patients in West Africa.

Tekmira is one of a few companies with a treatment advancedenough to be tested on people.

** ACHILLION PHARMACEUTICALS INC, Friday close$7.36, +10.73 pct premarket

Piper Jaffray upgraded the drug developer's stock to"overweight" from "neutral" and raised its price target to $10from $5. Wells Fargo raised its rating on the stock to"outperform" from "market perform".

** BIODEL INC, Friday close $1.91, +10.47 pctpremarket

The company said its experimental insulin formulation wasfound more effective than current therapies in controllingglucose after two meals, in a mid-stage trial.

** GLAXOSMITHKLINE PLC, Friday close $46.58, -0.54pct premarket

A clinical trial of an experimental vaccine against thedeadly Ebola virus is set to start shortly, according to theBritish drugmaker, which is co-developing the product with U.S.scientists.

** EXXONMOBIL, Friday close $99.74, -0.73 pctpremarket

The U.S. oil giant began drilling in Russia's Arctic onSaturday, despite Western sanctions imposed on its Russianpartner Rosneft, and was hailed by Russia's president as anmodel of "cooperation".

** GENERAL MOTORS CO, Friday close $33.53

The automaker has lost its bid to dismiss a lawsuit accusingit of concealing critical evidence about a faulty ignitionswitch linked to the death of a Georgia woman in 2010.

** MURPHY PETROLEUM, Friday close $61.32

The company has signed an agreement to sell its UK petrolstations to Motor Fuel Group (MFG), completing its exit fromBritain's oil retail market.

** BLACKSTONE GROUP LP, Friday close $32.98

The company is close to a deal to buy a 50 percent stakeworth $1.2 billion in a gas field in Louisiana currently ownedby Royal Dutch Shell, according to a person familiarwith the matter.

** AMAZON.COM INC, Friday close $316.8, +0.54 pctpremarket

** WALT DISNEY CO, Friday close $86.85

Amazon.com has halted pre-orders of some Disney movies, theWall Street Journal reported, in what appears to be anothercontract dispute after the online retailer began a protractedspat with publisher Hachette Book Group this year.

** HESS CORP, Friday close $99.92

The U.S. oil producer has suspended oil-drilling operationsin Iraqi Kurdistan and started to evacuate non-essential staffamid spreading violence in the region, its minority partnerPetroceltic said.

** MOELIS & CO, Friday close $34.01

The fund manager plans to raise up to A$300 million ($278million) for a new global investment vehicle to be listed inAustralia, and is reeling in a popular local televisionpresenter as its chairman to attract support. (Compiled by Sneha Banerjee in Bangalore; Editing by SavioD'Souza)

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Shell to continue $7 bln buyback programme 'at pace'

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U.S. court rejects laundromat owners' bid to block sale of Texas oil refinery to Mexico's Pemex

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UPDATE 2-Key Kazakh oil fields pump despite protests

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UPDATE 2-Commodity-linked stocks lift UK's FTSE 100 after dull start

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