Stocks Opened Higher Before Consumer Sentiment Data

U.S. stocks opened slightly higher on Friday as investors awaited consumer sentiment data. The Dow Jones Industrial Average lately was down 3.27 points, or 0.02%, at 16,730.92. The S&P 500 was up 0.81 point, or 0.04%, to 1,930.92. The Nasdaq Composite gained 9.45 points, or 0.22%, to 4,307.08.

Priceline agreed on Friday to buy OpenTable for $2.6 billion in cash, moving the online travel booking site into the business of restaurant reservations. Under the terms of the deal, Priceline will pay $103 a share through a tender offer for OpenTable’s shares. The offer represents a 46 percent premium to Thursday’s closing price.

Executives from German carmaker BMW (BMWG.DE) and U.S.-based Tesla Motors Inc (TSLA.O) met this week in a move which could lead to the creation of charging stations usable for different types of electric cars.

The consortium that owns the top U.S. Spanish-language broadcaster Univision Communications Inc. has entered talks with possible buyers, including CBS Corp. (CBS) and Time Warner Inc. (TWX) , The Wall Street Journal reported late Thursday.