Midday movers: Apple, Gap, Groupon
Stocks get a modest boost from better-than-expected consumer confidence reading and leading economic indicators reports.
Information provided by Theflyonthewall.com
The Department of Justice has allowed the pending spectrum and marketing deals between Verizon Wireless (VZ, VOD) and several cable companies, including Comcast (CMCSA) and Time Warner (TWC) to move forward.
Stanford University reiterated its "long-standing research-based relationship" with Nu Skin (NUS). Hon Hai may look to raise its stake in Sharp (SHCAY) to 20%, according to a report from Nikkei.
Among the notable gainers Friday were Apple (AAPL), after its price target was raised to $900 at Jeffries following indications that the iPad Mini is in production and the iPhone 5 is expected to be the biggest handset launch in history; and Gap (GPS), after it reported better-than-expected second-quarter earnings.
Noteworthy losers included Groupon (GRPN), after it was downgraded to "underweight" at Evercore; and Marvel (MRVL), after it reported disappointing Q2 results and guidance.
Copyright © 2014 Microsoft. All rights reserved.
The NBA star could receive as much as $300 million in the 10-year deal, according to reports.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.