Liberty Media Drops Sirius Bid and Other #Stocks2Watch

By Markets FOXBusiness

#Stocks2Watch: FOX Business rounds up the stocks you should watch before the opening bell rings on Wall Street. Tweet @adamsamson or e-mail adam.samson@foxbusiness.com and tell us what stocks you're watching -- your picks could appear online! 

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  • 1. Liberty Media (NASDAQ:LMCA)

    Liberty Media (LMCA) said it would drop its bid to buy the rest of Sirius XM (SIRI) from minority shareholders. Liberty also said it would split the company into two tracking stocks. Wall Street is cheering the move, sending shares rallying 7%.

  • 2. General Mills (NYSE:GIS)

    General Mills (GIS) disclosed an earnings guidance for the fiscal third quarter that missed Wall Street's estimates amid lower volumes. The shares are sliding more than 3%.

  • 3. Ann (NYSE:ANN)

    FOX Business News Editor / Reporter Victoria Craig says she's watching shares of Ann. The owner of Ann Taylor clothing posted better-than-expected quarterly results. The shares are edging higher.

  • 4. Cooper Tire & Rubber (NYSE:CTB)

    Cooper Tire & Rubber (CTB) posted a 73% drop in its quarterly profits, but still beat Wall Street's estimates. The shares are jumping nearly 5%.

  • 5. Gold (NYSE:GLD)

    Gold is trading at its highest levels since last September, getting a boost from the turmoil on Wall Street this week. One way equity investors can play the volatility is through ETFs, like the SPDR Gold Trust (GLD).

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