MARKET PULSE-BlackBerry, Merck, Zynga, Panasonic, Red Hat

Tue Mar 12, 2013 12:59pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

March 12 (Reuters) - Some U.S. stocks on the move on Tuesday: (For more market insights, including options activity, click on ; for The Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

WALL STREET SLIPS AFTER SEVEN-DAY RALLY, WARNING ON EUROPE

U.S. stocks sagged on Tuesday as investors paused after a seven-session string of gains and the Bundesbank's chief warned the euro zone's crisis has not ended.

The Dow Jones industrial average slipped 14.16 points, or 0.10 percent. The Standard & Poor's 500 Index fell 5.53 points, or 0.36 percent. The Nasdaq Composite Index lost 18.66 points, or 0.57 percent.

** LIFE TECHNOLOGIES CORP, $62.57, up 2 pct (0937 ET)

The Wall Street Journal reported on Monday that private equity firm KKR & CO LP is considering teaming up with other private equity firms to bid for the biomedical laboratory equipment maker, citing people familiar with the matter. (r.reuters.com/gyd66t)

Reuters had reported on Jan. 29 that private equity firms KKR, Blackstone Group LP, Bain Capital LLC and TPG Capital LP were interested in buying the company. Last week, Reuters reported that a number of PE firms were exploring a joint offer for Life Technologies.   Continued...