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BUZZ-U.S. STOCKS ON THE MOVE-Synta Pharma, Lorillard, BioCryst, Insmed

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stock index futures were lower on Tuesday, indicating a modest retreat from the previous session's rally, including the strongest session for the Dow in more than a month. Dow Jones industrial average e-mini futures were down 0.43 percent at 17,784, S&P 500 futures were down 0.49 percent at 2,065.25 and Nasdaq 100 futures were down 0.42 percent at 4,354.

** SYNTA PHARMACEUTICALS CORP (NasdaqGM: SNTA - news) , Monday close $2.33, -18.45 pct premarket

The drug developer said it would commence a public offering of common shares, but did not say when the offering would be completed or provide any details on the number of shares or price.

** REYNOLDS AMERICAN INC (NYSE: RAI - news) , Monday close $69.47, -2.02 pct premarket

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** LORILLARD INC (NYSE: LO - news) , Monday close $66.42, -3.49 pct premarket

The Federal Trade Commission staff is recommending a suit to block the $27 billion merger of the second- and third-biggest cigarette makers, Reynolds American and Lorillard, the New York Post reported, citing a well-placed DC source not working on the case said. (http://bit.ly/1xuMHLZ)

** INSMED INC, Monday close $21.09, -3.70 pct premarket

The drug developer said it is offering 10 million shares of its common stock, and intends to use the proceeds to develop respiratory drugs ARIKAYCE and INS1009.

** TECK RESOURCES LTD, Monday close $15.27, -7.86 pct premarket

The Canadian miner and Antofagasta Plc (Other OTC: ANFGF - news) are exploring a merger that would create one of the world's biggest copper producers, Bloomberg reported, citing people with knowledge of the matter.

** GLAXOSMITHKLINE PLC (Other OTC: GLAXF - news) , Monday close $47.2, -1.80 pct premarket

** JOHNSON & JOHNSON (NYSE: JNJ - news) , Monday close $101.55, -0.25 pct premarket

GlaxoSmithKline has agreed to settle a lawsuit by Johnson & Johnson accusing it of using false advertising at the start of the U.S. allergy season to grab market share.

** GROUPON INC (NasdaqGS: GRPN - news) , Monday close $7.43, -2.02 pct premarket

** KKR & CO LP, Monday close $22.77

Private equity firms KKR and Hong Kong-based Anchor Partners are in talks to buy a majority stake in Groupon's South Korean unit for around 350 billion won ($316 million), a South Korean newspaper reported on Tuesday.

($1 = 1,107.3200 won)

** CBRE GROUP INC (NYSE: CBG - news) , Monday close $36.41

** JOHNSON CONTROLS INC (NYSE: JCI - news) , Monday close $49.83, +1.73 pct premarket

Johnson Controls, a maker of climate control systems for buildings, said it would sell its global workplace solutions business to CBRE for $1.48 billion in cash. CBRE, the world's largest commercial real estate services firm, said it expects the deal to add to adjusted earnings in 2016.

** ENDURANCE SPECIALTY HOLDINGS LTD, Monday close $64.3

** MONTPELIER RE HOLDINGS LTD, Monday close $38.15, +3.54 pct premarket

Property and casualty insurer Endurance Specialty (NYSE: ENH - news) will buy reinsurer Montpelier Re (NYSE: MRH - news) for about $1.83 billion in cash and stock. Montpelier shareholders will get 0.472 Endurance share and $9.89 in cash for each share held, the companies said on Tuesday.

** BIOCRYST PHARMACEUTICALS INC (NasdaqGS: BCRX - news) , Monday close $8.57, +5.13 pct premarket

The drug developer said it won a U.S. government contract for the continued development of its potential treatment for viral diseases, including Ebola. The 18-month contract includes a base value of $12.1 million to support manufacturing, as well as $22.9 million in additional development options that can be exercised by the government.

** CHARTER COMMUNICATIONS INC (NasdaqGS: CHTR - news) , Monday close $183.39, +7.97 pct premarket

The cable television operator has agreed to acquire Bright House Networks in a roughly $10 billion deal that could be announced as soon as Tuesday, according to a source familiar with the matter. The deal is contingent on Comcast Corp's acquisition of Time Warner Cable Inc (NYSE: TWC - news) being approved by U.S. regulators, the source said.

** MOSAIC CO, Monday close $47.36, +0.25 pct premarket

The U.S. fertilizer company said it would raise its annual dividend by 10 cents to $1.10 per share, effective in May. The move comes despite recent tax changes by the Canadian province of Saskatchewan, where Mosaic mines the crop nutrient potash, which the company said earlier would cost it $80 million to $100 million in 2015.

** QUEST DIAGNOSTICS INC (NYSE: DGX - news) , Monday close $77.69

** QUINTILES TRANSNATIONAL HOLDINGS INC, Monday close $68

Medical test maker Quest Diagnostics and contract research company Quintiles Transnational (NYSE: Q - news) said they were combining their clinical trial laboratory operations in a joint venture, of which Quintiles will own 60 percent.

** CABLEVISION SYSTEMS CORP, Monday close $18.48

The U.S. cable T.V. operator is planning to make an offer for the New York Daily News as early as this week, valuing the troubled tabloid at just $1, according to a person familiar with the matter.

** INTERNATIONAL BUSINESS MACHINES CORP, Monday close $162.67

The company said it would invest $3 billion over the next four years in a new 'Internet of Things' unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data.

** HERBALIFE LTD (NYSE: HLF - news) , Monday close $42.72

Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife of running a pyramid scheme, said on Monday that shutting down the company is "one of the most important things" he can do.

** STARBUCKS CORP, Monday close $95.98

Starbucks (Hanover: SRB.HA - news) and Danone SA will begin selling a smoothie line at more than 4,300 U.S. Starbucks shops as part of a Greek yogurt partnership that will also include yogurt parfaits and ready-to-eat yogurt to be sold by grocers.

** CITIGROUP INC (NYSE: C - news) , Monday close $51.64

The U.S. bank has agreed to sell its credit card unit in Japan to Sumitomo Mitsui Trust Bank, the companies said on Tuesday, as Citi slims down globally to bolster its profitability.

** CONOCOPHILLIPS (NYSE: COP - news) , Monday close $64

The American oil company plans to invest about $2.5 billion in Indonesia's upstream oil and gas industry over the next three or four years, the nation's energy minister said on Tuesday.

** ALIBABA GROUP HOLDING LTD, Monday close $83.9

The online retailer's healthcare subsidiary will tie-up with Zhejiang DiAn Diagnostics Co Ltd to help develop an online hospital platform, the diagnostics firm said in a filing late on Monday.

** EXXON MOBIL CORP, Monday close $85.63

The oil and gas producer said it started production in the deepwater Gulf of Mexico at Hadrian South, its deepest subsea tie-back. The daily gross production from the project is expected to reach about 300 mln cubic feet of gas and 3,000 barrels of liquids from two wells.

** VAALCO ENERGY INC (NYSE: EGY - news) , Monday close $3.13

The oil and gas producer said it is abandoning its first well drilled offshore Angola as it was found to be water-bearing. (Compiled by Ramkumar Iyer in Bengaluru; Editing by Simon Jennings)