PARIS, July 2 * U.S. stock index futures pointed
to a higher open on Wall Street on Monday, with futures for the
S&P 500 up 0.29 percent, Dow Jones futures up 0.31
percent and Nasdaq 100 futures up 0.3 percent at 0900
* Bristol-Myers Squibb Co will buy biotechnology
company Amylin Pharmaceuticals Inc for about $5.3
billion in cash, helping Bristol-Myers extend its portfolio of
diabetes treatments with the addition of drugs Byetta and
Bydureon. Shares in Amylin traded in Frankfurt were up
* German industrial gas producer Linde AG said on
Sunday it has agreed to pay $4.6 billion for Lincare Holdings
Inc, a Florida-based provider of oxygen and respiratory
therapy services to patients in the home.
* A U.S. judge on Friday granted Apple Inc's
request for a pre-trial injunction against the sale of Samsung
Electronics Co Ltd's Galaxy Nexus phone, handing the
iPhone maker its second legal victory against Samsung in a week.
* European stocks were up around 1 percent in morning trade
on Monday, extending Friday's sharp rally as grim euro zone
manufacturing data fuelled speculation the European Central Bank
will cut interest rates later this week to support the region's
* On the macro front, investors awaited the Institute for
Supply Management's June manufacturing index, due at 1400 GMT.
Economists in a Reuters survey expect a reading of 52.0 versus
53.5 in May. Investors will also keep an eye on May construction
spending, also due at 1400 GMT.
* U.S. stocks surged on Friday to close out a sour quarter
on a high note as investors cheered an agreement by European
leaders to stabilize the region's banks, a pact that helped
remove some of the uncertainty that has plagued markets.
* The Dow Jones industrial average jumped 277.83
points, or 2.20 percent, to 12,880.09 at the close. The Standard
& Poor's 500 Index rose 33.12 points, or 2.49 percent, to
1,362.16. The Nasdaq Composite Index climbed 85.56
points, or 3.00 percent, to 2,935.05.
* For the week, the Dow gained 1.9 percent, the S&P 500 rose
2 percent and the Nasdaq advanced 1.5 percent. For the month of
June, the Dow rose 3.9 percent, the S&P climbed 4 percent and
the Nasdaq added 3.8 percent. But for the second quarter, the
Dow fell 2.5 percent, the S&P 500 lost 3.3 percent and the
Nasdaq dropped 5.1 percent.