Barnes and Noble fell after news that billionaire investor Ron Burkle divested most of his stake in the company, leaving him with 0.9 percent. He previously owned 19.7 percent.
Groupon jumped after Stifel Nicolaus upgraded the stock to "hold," citing potential growth areas, such as pushing into direct e-commerce.
Homebuilders on the rise after Credit Suisse upgraded Ryland and Pulte. The firm said investors need to take advantage of the recent dip in shares, noting its recent survey of real estate agents points to continued strength in home prices. Lennar,Toll Brothers, and DR Horton also moved higher.
Diageo jumped after it said it would invest $1.5 billion in scotch whisky over the next 5 years to meet growing demand.
Fifth and Pacific gained ground after it said it planned to buy the 51 percent stake of Kate Spade Japan it does not already own for between $45 and $50 million. Fifth and Pacific changed its name from Liz Claiborne last month.
LinkedIn was lower on word that nearly 6 and a half million passwords were leaked online after an apparent hack.
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