MARKET PULSE- BlackBerry, Pandora, Safeway, Aeropostale, airlines
Sept 17 (Reuters) - Some U.S. stocks on the move on Tuesday:
WALL ST EDGES UP, EXPECTS FED TAPERING WILL BE MODEST
U.S. stocks rose slightly on Tuesday on expectations the Federal Reserve will make a modest cut in its stimulative bond buying and keep interest rates extraordinarily low, the latter a boon to stocks. The Dow Jones industrial average was up 52.92 points, or 0.34 percent, the Standard & Poor's 500 Index was up 5.75 points, or 0.34 percent, and the Nasdaq Composite Index was up 14.68 points, or 0.39 percent.
** BLACKBERRY LTD , $10.72, up 4 pct (12:31 p.m. ET)
The company confirmed its BBM messenger service will be available on Android and Apple's iOS soon. After Samsung Nigeria tweeted on Monday that BBM would debut on its devices on Friday and that it would be exclusively available on Samsung devices for three months, a BlackBerry spokesperson clarified to website CrackBerry that the company would be bringing the BBM app to "Android and iPhone users across the globe soon." (link.reuters.com/qas23v) Continued...