A Peek Into The Market Before The Trading Starts - Acacia Research (NASDAQ:ACTG), Bristol-Myers Squibb (NYSE:BMY)

Pre-open movers

US stock futures are mostly flat this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average were flat at 14,497.00 and S&P 500 index futures fell 1 point to 1,561.70. Nasdaq 100 futures gained 1.25 points to 2,812.25.

A Peek Into Global Markets

European shares were closed Monday for the Easter Monday holiday. Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 2.12%, China's Shanghai Composite tumbling 0.09% and India's Sensex surging 0.15%.

Broker Recommendation

Analysts at Canaccord Genuity upgraded eBay

EBAY

from “hold” to “buy.” The target price for eBay has been raised from $56 to $67. eBay shares gained 3.17% to $55.94 in pre-market trading.

Breaking news

Laboratory Corporation of America Holdings LH today announced that LabCorp Clinical Trials has been selected as a preferred provider for full-service global central laboratory services and biomarker testing by Bristol-Myers Squibb Company BMY. To read the full news, click here.
Acacia Research ACTG announced today that its Automated Facilities Management Corporation subsidiary has entered into a settlement and license agreement with Ventyx USA. To read the full news, click here.
Ku6 Media Co KUTV today announced that Mr. Kelvin Wenbo Liu joined the Company as President and Mr. Jian Lu is appointed as the Company's Chief Technology Officer. To read the full news, click here.
Tesla Motors TSLA announced today that sales of its Model S vehicle exceeded the target provided in the mid February shareholder letter. To read the full news, click here.

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