MARKET PULSE-Barnes & Noble, Pandora, Sgoco, Amyris, BG Medicine, Cytrx
(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 were modestly lower on Thursday. The Dow Jones industrial average was down 0.09 percent at 16,558.58, the S&P 500 was down 0.11 percent at 1,888.88 and the Nasdaq Composite was down 0.4 percent at 4259.17.
** LIBERTY MEDIA CORP, $133.09, -0.14 pct
** BARNES & NOBLE INC, $19.5, -11.80 pct
Liberty Media Corp said it would reduce its stake in Barnes & Noble Inc but retain a 10 percent share of its initial investment in the largest U.S. bookstore chain.
** PANDORA MEDIA, $31.7, +0.83 pct
The streaming radio service provider said listener hours rose 14 percent to 1.71 billion in March. The company also said active listeners rose 8 percent to 75.3 million and the share of total U.S. radio listening for Pandora rose to 9.11 percent from 8.05 percent a year earlier.
** SGOCO GROUP LTD, $2.94, -26.13 pct Continued...