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Stocks finished in positive territory Tuesday, but off their session highs after Senate Majority Leader Harry Reid threw cold water on the ongoing "fiscal cliff" negotiations.
Here are some of Tuesday's midday movers:
Futures were higher Tuesday following upbeat economic data from Germany and ahead of the the Fed's two-day policy meeting.
Liberty Interactive has purchased a bulk of stock in TripAdvisor, giving it voting control over the web travel operator, both companies announced on Tuesday.
Yesterday, Netflix shares jumped 14% on news that the company has struck a deal with Disney to stream Disney, Pixar, and Marvel movies beginning in 2016.
Stocks finished slightly lower across the board Tuesday after wavering in a narrow range for most of the session as investors remained cautious amid the ongoing "fiscal cliff" discussions in Washington.
Warren Buffett's Berkshire Hathaway has eliminated almost all of its stakes in Johnson & Johnson and General Electric.
Nov 6- Liberty Media Corp reported a 3 percent increase in quarterly revenue, helped by a rise in subscribers at flagship networks Starz and Encore. John Malone's Liberty Media is trying to gain full control of satellite radio broadcaster Sirius XM Radio Inc, in which it owns a nearly 50 percent stake.
Nov 1- Sirius XM Radio Inc posted better-than-expected revenue growth in the third quarter but fa iled to shed light on company strategy under Liberty Media Corp and its se arch for a new chief executive.
*Lazard raises Liberty Media Corp price target to $143 from $125. *Lazard raises Sirius XM Radio Inc price target to $3.50 from $3. Reuters Station users, click. 1568.
NEW YORK-- Shares of Barnes& Noble rose Wednesday after the CEO said advance orders of its new Nook e-readers are much higher than for past Nook devices. That's good news because Barnes& Noble, the largest traditional U.S. bookseller, is investing heavily in its e-book readers and digital library to ward off tough competition from online retailers and discounters.
Oct 10- Barnes& Noble Inc expects its digital Nook and college bookstore businesses to generate combined revenues of $3 billion this year, helped by strong e-books sales growth, and the bookseller said on Wednesday it plans to expand its digital bookstore into nine new international markets by June.
By Jennifer Saba and Peter Lauria. Oct 10- Sirius XM Radio Inc CEO Mel Karmazin said the company will add 446,000 new subscribers for the third quarter and raised its full-year forecast to 1.8 million net additions. Karmazin gave the updated business outlook for the satellite radio broadcaster while speaking at Liberty Media Corp's.
Oct 10- Sirius XM Radio Inc CEO Mel Karmazin said the company will add 446,000 new subscribers for the third quarter and raised its full-year forecast to 1.8 million net additions. Karmazin gave the updated business outlook for the satellite radio broadcaster while speaking at Liberty Media Corp's.
Oct 8- Liberty Media Corp:. *Barclays raises Liberty Media Corp price target to $120 from $108;. Reuters Station users, click. 1568.
Oct 4- Fitch Ratings has affirmed the Issuer Default Rating for Expedia, Inc.. Expedia's ratings reflect a mix of credit strengths and concerns coupled with a reasonably conservative balance sheet.
NEW YORK-- A Citi analyst on Tuesday raised his rating for Liberty Media Corp. to "Buy" from "Neutral," predicting that the company will soon take control of Sirius XM Radio Inc..
"People like me get very conservative -- we go to cash," says Liberty Media Chairman John Malone, commenting on the looming fiscal cliff and uncertainty in the market, with CNBC's Kayla Tausche from the annual Allen & Company's conference in Sun Valley.
Outside the Duchin Lounge at the Sun Valley Resort, Liberty Media's John Malone sounded busy, with his investment in Sirius XM radio top of mind.
Take a look at some of Thursday's midday movers: