Morning Market Snapshot: March 30, 2011

Good Morning. It’s Wednesday, March 30, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets advanced, while the European markets are up. Valeant Pharmaceuticals (VRX) announced that it made a proposal to the board of Cephalon (CEPH) to acquire the company for $73 per share in cash, or about $5.7B…Dean Foods (DF) to divest milk processing plant in settlement with DOJ…Total (TOT) announces the acquisition of a one-third interest in Blocks 1, 2 and 3A in Uganda held by a subsidiary of Tullow Oil, for $1.467B…Texas Instruments (TXN) says Japan factories on track for full recovery.