News Headline Summary

Business reporter at New York Post James Covert tweets "EXCLUSIVE: Starwood’s Barry Sternlicht makes bid for Saks (SKS)"

Reaction details:

- After shares initially gained 19.25% on the initial headline that an exclusive was coming out for SKS, co. shares have sinced pared half the move but still hold onto gains of 9%.

Print 19:48, 19 Jul 2013 - US Equities - Source: Twitter