Tuesday's Bloomberg Market Report
Here are the headlines from Tuesday's After the Bell Bloomberg Report:
- Dow Jones Industrial: Down 32.75 to 13,482.36
- S&P 500: Up 1.26 to 1,445.75
- NASDAQ Comp: Up 6.51 to 3,120.04
Struggling grocery chain SuperValu is attracting interest from billionaire Ronald Burkle and buyout firms, including KKR. Sources tell Bloomberg the potential buyers are looking at parts of the nation's third largest grocer, which has extended its offer deadline past October 15th.
Meanwhile, Ford and Chrysler said auto sales in the U.S. probably accelerated to the fastest pace in more than four years in September, as buyers took advantage of cheap financing.
The Centers for Disease Control and Prevention said drunk driving among teens fell over 50 percent in the past two decades, due to laws that curb underage drinking and higher gas prices.
Finally, sources reported Major League Baseball is set to get almost $7 billion in a contract extension from News Corp's Fox and Time Warner's Turner Networks for the rights to broadcast games through 2021.
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