MARKET PULSE-Select Comfort, Twitter, Verso Paper, Oxygen Biotherapeutics

Mon Jan 6, 2014 10:51am EST
 
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(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/nex49s)

Jan 6 (Reuters) - U.S. stocks slipped into negative territory in early trading Monday, in the wake of a number of economic reports, including U.S. service sector growth which showed a slowdown in December. The Dow Jones industrial average was up 0.02 percent at 16,474.1, the S&P 500 was down 0.04 percent at 1,830.61 and the Nasdaq Composite was down 0.36 percent at 4,117.13.

** SIRIUS XM HOLDINGS INC, $3.825, +7.14 pct

** LIBERTY MEDIA CORP, $142.98, -1.62 pct

Liberty Media on Friday said it would offer to buy out the minority shareholders in satellite radio provider Sirius XM, in a deal that could give cable mogul John Malone a freer hand in driving cable consolidation.

** MEN'S WEARHOUSE INC, $52.22, +3.22 pct

** JOS. A. BANK CLOTHIERS INC, $56.78, +3.45 pct

Men's Wearhouse mounted a hostile $1.61 billion bid for Jos. A. Bank in an attempt to break the resistance of its smaller rival and pacify investor demand for a merger of the suit retailers.   Continued...