BUZZ-U.S. STOCKS ON THE MOVE-BATS Global, Mitel, Apple
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Wall Street was flat on Friday as investors digested U.S. corporate earnings as well as data that pointed to a slow global economic recovery, ahead of a crucial meeting of oil producers to help tackle a global surplus. The Dow Jones industrial average was down 0.25 percent at 17,880.72, the S&P 500 was down 0.25 percent at 2,077.6 and the Nasdaq Composite was down 0.31 percent at 4,930.589.
** BATS GLOBAL MARKETS INC, $22.71, +19.53 pct
BATS shares rose as much as 20.5 percent in their debut on the company's own exchange on Friday - redemption after a botched attempt to go public in 2012.
** POLYCOM INC, $12.15, -0.98 pct
** MITEL NETWORKS CORP, $7.18, -8.88 pct
Mitel said it would buy fellow voice and telephony gear maker Polycom Inc for about $1.96 billion in cash and stock, satisfying a demand from hedge fund Elliott Management.