See allLatest Trade Alerts

Brokerage Partners

Stock Futures Flat After Jobless Claims Data

Written by: Andrea Tse 11/21/12 - 9:02 AM EST
Tickers in this article: SCHL ^DJI ZLC ^GSPC DE ^IXIC NWSA CRM CRUS CBS

News Corp (NWSA) has expressed interest to CBS (CBS) about acquiring its Simon & Schuster book business, according to people familiar with the talks, The Wall Street Journal reported.

News Corp owns HarperCollins Publishers and the Journal.

The people described the discussions as preliminary and cautioned that a deal isn't imminent, the newspaper said.

More Headlines

News Corp shares were up 0.54%.

Zale(ZLC) , the jewelry retailer, reported a wider-than-expected fiscal first-quarter loss on Tuesday.

Zale said it expects to be profitable for fiscal 2013.

Shares were falling 14%.

Scholastic(SCHL) , the publishing company, lowered its fiscal-year outlook after Tuesday's closing bell.

Scholastic shares were plunging 23%.

Cirrus Logic(CRUS) shares were popping more than 6% after the board of the high-precision analog and digital signal processing components supplier approved $200 million in share buybacks.

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.