BUZZ-U.S. Stocks on the Move-Geron, Sapient, Covance, American Realty
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U.S. stocks opened flat on Monday, with investors taking a pause following a sharp rally on Friday that took the Dow and S&P 500 to record levels. The Dow Jones industrial average was down 0.10 percent at 17,372.64, the S&P 500 was down 0.01 percent at 2,017.94 and the Nasdaq Composite was up 0.11 percent at 4,635.654.
** SAPIENT CORP, $24.65, +42.32 pct
Publicis, the world's third-largest advertising agency, has agreed to buy the digital ad specialist for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year.
** AMERICAN REALTY CAPITAL PROPERTIES, $7.75, -12.63 pct
** RCS CAPITAL CORP, Friday close $16.41, -9.99 pct premarket
U.S. authorities have opened a criminal probe in the wake of American Realty's disclosure that it had uncovered accounting errors, two sources familiar with the matter said on Friday.
RCS Capital Corp terminated an agreement to buy American Realty unit Cole Capital, but did not disclose a reason. Continuación...