MARKET PULSE-Ubiquiti, OpenTable, Intersections, Halozyme, Doral Financial
(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) U.S. stocks rose slightly on Tuesday, with the Dow and S&P 500 both inching to record levels despite economic data that painted a mixed picture of the economy. The Dow Jones industrial average was up 0.14 percent at 16,718.27, and the S&P 500 was up 0.12 percent at 1,898.89.
** PFIZER INC, $29.23, +0.34 pct
** ASTRAZENECA PLC, $78.09, +0.28 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, $36.13, -1.20 pct
** DIRECTV, $86.77, -0.45 pct Continued...