CORRECTED-MARKET PULSE-DirecTV, Insys Therapeutics, Intersections, Halozyme

Tue May 13, 2014 11:22am EDT
 
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(Corrects Coca-Cola item to say the company will raise, not has raised, its stake in Keurig Green Mountain. The error also appeared in the previous versions of Market Pulse) U.S. stocks were little changed on Tuesday as investors found few reasons to keep pushing shares higher with major indexes coming off record closes and economic data painting a mixed picture of the economy. The Dow Jones industrial average was up 0.18 percent at 16,725.52, and the S&P 500 was up 0.16 percent at 1,899.59.

** PFIZER INC, $29.25, +0.41 pct

** ASTRAZENECA PLC, $78.65, +1.00 pct

U.S. drugmaker Pfizer hinted it could raise its proposed $106 billion offer if AstraZeneca would only engage in talks, as its boss was grilled by UK lawmakers on his commitment to British research spending and jobs.

In response, AstraZeneca said it would have to consider a compelling offer, but accused Pfizer of an "opportunistic" proposal with a ploy to cut taxes that risked its reputation.

** AT&T INC, $36.16, -1.12 pct

** DIRECTV, $88.71, +1.78 pct   Continued...