Pre-Market Movers (Valeant Pharma, ArcelorMittal, Newmont Mining, Research In Motion, J.C. Penney, Microsoft, Reed Elsevier, PhotoMedex)

Valeant Pharmaceuticals International, ArcelorMittal, Newmont Mining Corp, Research In Motion, J.C. Penney Co, Microsoft Corp, Reed Elsevier N.V. and PhotoMedex Inc., are among the companies whose shares are moving in the pre-market trading on Monday.

Gainers

Valeant Pharmaceuticals International Inc. (NYSE:VRX) stock surged 4.05 percent to $76.12 in pre-market trading. A proposed merger of Valeant Pharmaceuticals and Actavis Inc was put on hold after the two drugmakers failed to agree on terms of a deal that would have created a healthcare giant with a combined market value of $35 billion, Reuters reported on Saturday citing a person familiar with the situation.

ArcelorMittal (NYSE:MT) stock gained 2.21 percent to $12.48 in pre-market trading. The stock has a 52-week low of $11.55, a 52-week high of $17.99 and $18.91 billion in market capitalization.

Newmont Mining Corp. (NYSE:NEM) stock gained 1.58 percent to $34.00 in pre-market trading. The company is expected to report first quarter net profit of $0.78 per share on revenues of $2.28 billion after the markets close on Monday.

Research In Motion Ltd. (NASDAQ:BBRY) stock gained 1.33 percent to $15.22 in pre-market trading. The stock has a 52-week low of $6.22, a 52-week high of $18.32 and $7.87 billion in market capitalization.

J.C. Penney Co. Inc. (NYSE:JCP) stock advanced 1.18 percent to $17.20 in pre-market trading. The company stock climbed more than 11 percent in regular trading on Friday after news that billionaire investor George Soros has purchased 7.9 percent stake in the struggling department store chain.

Microsoft Corp. (NASDAQ:MSFT) stock rose 1.04 percent to $32.12 in pre-market trading. The stock has a 52-week low of $26.26, a 52-week high of $32.84 and $265.48 billion in market capitalization.

Losers

Reed Elsevier N.V. (NYSE:ENL) stock declined 1.84 percent to $33.52 in pre-market trading. The stock has a 52-week low of $20.11, a 52-week high of $34.53 and $12.44 billion in market capitalization.

PhotoMedex Inc. (NASDAQ:PHMD) stock fell 1 percent to $15.90 in pre-market trading. The stock has a 52-week low of $9.85, a 52-week high of $19.18 and $337.97 million in market capitalization.