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Friday, March 9, 2012

Google, Michael Kors, New Frontier: U.S. Equity Preview - Bloomberg

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Google, Michael Kors, New Frontier: U.S. Equity Preview - Bloomberg
Mar 9th 2012, 22:32

Shares of the following companies may have unusual moves in U.S. trading March 12. Stock symbols are in parentheses.

Google Inc. (GOOG) : The owner of the world's most popular Web search engine's share of the U.S. market rose to 66.4 percent in February, according to comScore.

Michael Kors Holdings Ltd. (KORS) (KORS US): The luxury-goods maker and retailer named for the designer who founded it filed for a secondary offering of 25 million shares.

New Frontier Media Inc. (NOOF) : The Boulder, Colorado- based adult entertainment company confirmed it received an unsolicited buyout offer from Longkloof Ltd. at $1.35 a share. New Frontier rose 17 percent to $1.32 on March 9 after Longkloof said it made the offer.

To contact the reporters on this story: Whitney Kisling in New York at wkisling@bloomberg.net; Joseph Ciolli in New York at jciolli@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.

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