NEW YORK (TheStreet) -- Live Nation Entertainment (LYV - Get Report) was surging 9.7% to $11.30 in premarket trading Friday amid reports that it and its largest shareholder Liberty Media (LINTA) were talking about taking private the music concerts producer private.
Athletic apparel company Lululemon Athletica ( LULU - Get Report) reported first-quarter earnings of 46 cents a share, including 2 cents a share to reflect tax credits, vs. the average analyst estimate of 38 cents a share. Shares were up 5.4% to $90.80.
Mobile phone company Nokia ( NOK - Get Report) said it is in constructive discussions with several bidders for its Nokia Siemens ( SI) Networks joint venture. The report came after the Financial Times reported that private-equity firms Kohlberg Kravis Roberts and TPG had withdrawn from their bidding plans for the joint venture. Shares of Nokia were trading sideways at $6.29. Siemens shares were down 1.1% to $131.26.
Toyota ( TM - Get Report), the world's No. 1 automaker, said Friday it expects profit for the year ending in March 2012 to fall 31%. Shares were down 0.2% to $81.80.
Natural gas producer Chesapeake Energy ( CHK - Get Report) was up 0.1% to $29.78 ahead of its annual shareholders' meeting Friday.
National Semiconductor ( NSM) shares were trading sideways at $24.57 after the company reported fourth-quarter earnings of 26 cents a share vs. the average analyst estimate of 27 cents a share.
Search giant Google ( GOOG - Get Report) is in talks to buy display advertising company Admeld for about $400 million, The New York Times reported. Google shares were flat at $516.35.
Goodyear ( GT - Get Report) agreed to sell its global wire business to Seoul, South Korea-based tire reinforcements company Hyosung for about $50 million. >>Search for Highest Dividends by Rate or Yield
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