California passed a law that forbids businesses from punishing negative online reviewers. Domenic Romano, Romano Law managing attorney, and Jim Pethokoukis, American Enterprise Institute, debate whether this is fair.» Read More
*Priceline's offer of $103/ shr a 46 pct premium. June 13- Travel website owner Priceline Group Inc will buy restaurant reservation website operator OpenTable Inc for $2.6 billion, aiming to broaden its services outside the increasingly competitive online travel industry.
Some of Friday midday movers:
*Intel up on outlook, OpenTable soars on Priceline deal. *Oil remains in focus as Iraq violence continues.
Priceline announces it is buying online reservation site OpenTable for $103 per share, or about $2.6 billion.
*Intel up on outlook, OpenTable soars on Priceline deal. Intel Corp was both the S&P 500' s biggest gainer and the Nasdaq's most active name, jumping 6.2 percent to $29.70 a day after the Dow component raised its full-year revenue outlook, citing stronger-than-expected demand for personal computers used by businesses.
June 13- Travel website operator Priceline Group Inc said it would buy OpenTable Inc for $2.6 billion in cash as it looks to add restaurant bookings to its services. The offer of $103 per share represents a premium of 46 percent to OpenTable's Thursday close.
*Intel up on outlook, OpenTable soars on Priceline deal. NEW YORK, June 13- U.S. stock index futures pointed to a slightly lower on Friday as some positive corporate news supported markets, though ongoing violence in Iraq gave investors pause.
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Some of Thursday's midday movers:
*Priceline, Tesla bounce from early lows. NEW YORK, May 8- U.S. stocks rose on Thursday, as a turnaround in beaten-down momentum names boosted the Nasdaq while initial jobless claims data, which suggested the labor market was improving, helped lift the broader market. Tesla Motors halved its losses in the session so far and was down 5.7 percent at $189.87.