MARKET PULSE- Facebook, AMD, Coronado Biosciences, Whirlpool, Potbelly

Mon Oct 14, 2013 11:11am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter

U.S. stocks fell broadly on Monday, focused on events in Washington after weekend talks between Republicans and Democrats showed some progress but failed to remove the risk of a possible U.S. default in three days, pressuring stocks.

The Dow Jones industrial average was down 0.48 percent. The Standard & Poor's 500 Index was down 0.49 percent while the Nasdaq Composite Index was down 0.43 percent.

** FACEBOOK INC, $48.28, down 1.7 pct (9:31 a.m. ET)

The social networking company said it would buy start-up app-maker Onavo, the Israeli firm said on its website, without giving any details of the deal. Facebook is paying between $150 million and $200 million, the Calcalist financial news website reported, making it the social media company's biggest acquisition in Israel.

** NETFLIX INC, $309.35, up 2.8 pct (9:31 a.m. ET)

The company is in talks with several U.S. cable television companies including Comcast Corp and Suddenlink Communications to make its streaming video service available through their set-top boxes, the Wall Street Journal reported on Sunday, citing people familiar with the matter.   Continued...