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BUZZ-U.S. Stocks on the Move-Talisman Energy, Boeing, Healthcare Trust, Russian ADRs

Tue, 16th Dec 2014 12:01

(For faster updates on individual market-movers, Eikon usersplease use search string "STXBZ US"; 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 fell on Tuesday: Dow Jonesindustrial average futures were down 0.38 percent at17,125, S&P 500 futures were down 0.44 percent at1,981.25 and Nasdaq 100 futures were down 0.54 percent at4,141.25.

** TALISMAN ENERGY INC, Monday close $5.12, +47.85pct premarket

Spanish oil company Repsol said it had reached adeal to buy Talisman, Canada's fifth-largestindependent oil producer, for $13 billion. Repsol's offer valuedTalisman at $8.00 per share in cash.

Breakingviews article on the deal

** BOEING CO, Monday close $122.08, +2.70 pctpremarket

The world's biggest planemaker raised its share repurchaseauthorization to $12 billion from $10 billion and said it wouldincrease its quarterly dividend by 25 percent, a sign ofconfidence in its cash outlook for the year. The company had$4.8 billion remaining in its previous stock buyback plan andraised the dividend to 91 cents per share from 73 cents.

** HEALTHCARE TRUST OF AMERICA INC, Monday close$12.67, +81.53 pct premarket

The healthcare REIT said its board approved a 1-for-2reverse stock split, effective 5:00 p.m. ET on Dec. 15.

The move is aimed at "increasing earnings visibility" byreducing the number of shares outstanding as well as loweringtrading volatility and investor's trading costs, CEO ScottPeters said.

** ORANGE, Monday close $15.95, +7.40 pct premarket

Britain's BT has entered into exclusive talks withOrange and Deutsche Telekom to buy EE for12.5 billion pounds ($19.6 billion) , opting for the country'sbiggest mobile operator over rival suitor, Telefonica's O2.

** FIAT CHRYSLER, Monday close $11.41, +0.53 pctpremarket

In Europe, Fiat got its sole break from buoyantsales of Jeep's new Renegade compact SUV as the brand expands inEurope, with deliveries up a healthy 57 percent to almost 35,000vehicles so far this year.

Fiat has resumed exports from Brazil to Mexico after a morethan three-year hiatus due to weak Brazilian demand and a morefavorable exchange rate.

** SUNPOWER CORP, Monday close $23.26, +1.98 pctpremarket

** FIRST SOLAR INC, Monday close $41.66

Morgan Stanley said it assigned a 75 percent probability toSunPower launching a Yield Co and a 50 percent probability toFirst Solar, based on recent commentary from each company'smanagement team.

Based on this, the brokerage upgraded SunPower to"overweight" and introduced a price target of $35. It maintainedits "equal-weight" rating on First Solar and introduced a $47target.

** YANDEX NV, Monday close $17.68, -7.92 pctpremarket

** VIMPELCOM, Monday close $3.37, -2.37 pctpremarket

** MOBILE TELESYSTEMS, Monday close $6.92, -5.78 pctpremarket

** QIWI, Monday close $21.51, -1.86 pct premarket

** CTC MEDIA INC, Monday close $4.55, -2.42 pctpremarket

The slump in the rouble, down 50 percent against the dollarthis year, forced Russia's central bank raised its key interestrate to 17 percent from 10.5 percent on Tuesday. The roubleplunged around 10 percent against the dollar on Monday, itssharpest fall since 1998.

Breakingviews article on the rouble

** PROTHENA CORP PLC, Monday close $17.62; +9 pctafter market

The drug developer said its drug for treatment of rarecondition called amyloidosis, associated with build up ofproteins in kidney, received FDA fast track designation.

** MCDONALD'S CORP, Monday close $88.46

McDonald's Holdings Co (Japan) Ltd has embarked onthe emergency measure of only offering small-sized french friesto customers as a protracted labour dispute at U.S. West Coastports has contributed to long delays in imports.

** VODAFONE GROUP PLC, Monday close $33.3, +1.38 pctpremarket

** BLACKBERRY LTD, Monday close $9.43

British mobile phone operator Vodafone will getC$850 million ($726 million) in Canadian trade financing to helpit buy enterprise services from BlackBerry, Ottawa said.Export Development Canada (EDC) said that C$750 million would goto BlackBerry, while the remaining C$100 million was for futureprocurement from Canadian suppliers.

** MERCK & CO INC, Monday close $56.95

** CUBIST PHARMACEUTICALS INC, Monday close $96.31

Merck is approaching banks about an $8 billion, 364-daybridge loan that will back the drugmaker's plans to acquireCubist Pharma, sources told Thomson Reuters LPC.

** SYSCO CORP, Monday close $39.60

Minnesota's attorney general expressed concern about the$3.5 billion acquisition merger of food distribution giantsSysco and US Foods, saying it was questionablewhether any divestiture could restore competition lost in thetransaction. (Compiled by Anannya Pramanick in Bangalore; Editing by SavioD'Souza)

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