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IN BRIEF.(TO THE POINT)
Continental Air and Expedia, a Web travel site, entered into a new marketing and financial pact.
Direct Focus gapped up 2.71, or 8%, to a new high of 38.05 after U.S. Bancorp Piper Jaffray made bullish comments on the maker of Bowflex home fitness equipment.
Herley Industries fell 2.25, or 10%, to 20 after the defense electronics firm said it'll sell 3 mil shares, about 25% of shares out.
Merrill Lynch cut ratings on several banks, brokers and asset managers on valuation.
3M fell 1.95 to 115.01 after ...
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