Among the companies with shares expected to actively trade in
Monday's session are Nationstar Mortgage Holdings Inc. (NSM),
Harmony Gold Mining Co. (HMY) and Epocrates Inc. (EPOC).
Nationstar Mortgage Holdings Inc. (NSM) struck a $1.3 billion
deal to acquire roughly $215 billion in residential mortgage
servicing rights from Bank of America Corp (BAC). Word of the
agreement, which will double Nationstar's customer base, sent
shares surging 20% to $40.04 in premarket trade.
Harmony Gold Mining Co. (HMY, HAR.JO)--South Africa's
third-largest gold producer--on Monday suspended work for another
two months at a mine after a violent strike. The company also said
it may not reopen the site because of continued labor unrest.
U.S.-listed shares slumped 6% to $7.95 in premarket trade.
Athenahealth Inc. (ATHN) agreed to acquire Epocrates Inc. (EPOC)
for about $293 million in cash as the company looks for ways to
share information among an expanded network of providers. Epocrates
shares jumped 22% to $11.70, nearing the $11.75 a share offer
price.
Vivus Inc. (VVUS) shares jumped after the company reported that
the number of prescriptions shipped for its obesity drug Qsymia
increased to 12,978 in the four weeks ended Dec. 21, up from 7,749
the month before. The 67% jump eases concerns about the drug's slow
start. Shares surged 7.3% to $14.75 premarket.
Watchlist:
Bank of America Corp. (BAC) agreed to pay mortgage finance firm
Fannie Mae (FNMA) about $10.35 billion to settle agency mortgage
repurchase claims on loans it originated and sold to Fannie Mae
through the end of 2008.
Citigroup Inc. (C) will seek permission for its first share
buyback since 2007 as part of the latest Federal Reserve "stress
tests," the Wall Street Journal reported citing people familiar
with the company's plans.
Office Depot Inc. (ODP) said Kevin Peters, the office-supply
chain's president for North America, is leaving immediately to
assume the role of chief executive at an industrial distribution
company.
Write to Mia Lamar at mia.lamar@dowjones.com
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