Low oil: Murphy Oil shares fell 5 percent to $24.46 Thursday after the company reported a bigger-than-expected quarterly loss, despite a rise in revenue. Falling oil prices also contributed to the decline. Murphy Oil shares closed the week at $26.18.
Deal bounce: Consumer website Angie's List soared 54.2 percent to $9.22 Tuesday after it agreed to be bought by IAC/InterActive for about $505 million. IAC first proposed merging with Angie's List in 2015. The stock closed Friday at $10.71.
Tribune talks? Tribune Media rose 6 percent to $38.77 Monday after the Financial Times reported that 21st Century Fox and Blackstone may make a joint takeover bid for the company. Tribune Media owns TV stations and has stakes in Food Network and WGN cable network. Tribune stock closed the week at $40.29.
Digital surge: the New York Times saw its stock rise 10 percent to $15.75 Wednesday after reporting it added a record number of digital subscribers in the previous quarter. Shares closed the week at $16.95.
Dumped: IBM fell 2.5 percent to $155.05 Friday after Warren Buffett said he has sold about a third of the stake that his Berkshire Hathaway company had owned. IBM faces stiff competition from companies including Microsoft and Amazon.
Earnings bump: Wearable device maker Fitbit Inc.'s shares rose 14 percent to $6.48 Thursday after it reported quarterly revenue above its own forecast, and said launches planned for this year were on track, including a smartwatch that features touchless payments. Fitbit closed the week at $6.15.
News services
