*Canaccord Genuity cuts target price to $56 from 58; rating buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
**MERCK& CO INC, $44.76, down 5 pct. **TITAN PHARMACEUTICALS INC, $0.34, down 80 pct. **NEUTRAL TANDEM INC, $4.12, up 38 pct.
Wall Street was set for a slightly lower open on Wednesday, weighed by weak results from Merck and as investors waited to hear from the U.S. **MERCK& CO INC, Tuesday close $47, down 5 pct premarket. **CHESAPEAKE ENERGY CORP, Tuesday close $19.54, up 5 pct premarket.
Wall Street was set for a flat open on Wednesday as investors waited to hear from the U.S. **MERCK& CO INC, Tuesday close $47, down 5 pct premarket. **CHESAPEAKE ENERGY CORP, Tuesday close $19.54, up 5 pct premarket.
**MERCK& CO INC, Tuesday close $47, down 3 pct premarket. **CHESAPEAKE ENERGY CORP, Tuesday close $19.54, up 4 pct premarket. **GENWORTH FINANCIAL INC, Tuesday close $10.03, up 5 pct premarket.
The company was a diversified media outfit 10 years ago, owning eight television stations; two radio stations; 16 newspapers in addition to the New York Times, the Boston Globe and the International Herald Tribune; and a slew of websites.
Jan 2- Popular political pundit Andrew Sullivan is leaving Tina Brown's Daily Beast to form an independent company for his blog The Dish. He wrote on Wednesday in a post on the Daily Beast that he decided to leave when his contract was up for negotiation, thanking Brown and Barry Diller, whose IAC/InterActivecorp backs the Daily Beast.