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Stocks on edge; Marriott's big Starwood bet; Andreessen unfriends Facebook

Yahoo Finance

Wall Street is on edge following this weekend’s Paris terror attacks. Stocks are swinging from gains to losses after snapping a six-week winning streak last week that put the Dow (^DJI) and S&P (^GSPC) in negative territory for the year.

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Hotel merger

Starwood Hotels & Resorts (HOT) is being bought by rival Marriott (MAR) in a deal valued at $12.2 billion in cash and stock. The combined company will create the world's largest hotel operator with 5,500 properties.

United Continental (UAL) and Delta Airlines (DAL) are lower in early trading. The airline and leisure sectors are in focus as investors consider how this weekend's attacks in Paris are likely to weigh on the travel and tourism industries.

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General Motors (GM) and AT&T (T) were among the stocks Warren Buffett's Berkshire Hathaway added to its portfolio in the third quarter. Berkshire took a new stake in AT&T of 59.3 million shares and increased its holding in General Motors by 22% to 50 million shares in the third quarter according to a regulatory filing. However, Berkshire sold shares of Wal-Mart (WMT) and Goldman Sachs (GS). Berkshire reduced its stake in Wal-Mart by about 7% to 56.2 million shares. Berkshire’s Goldman shares are now fewer than 11 million.   That's down from around 12.6 million on June 30.

Hasbro (HAS) is on investors’ radar. The toymaker is meeting with shareholders and analysts this morning. Investors want to see what's in store for the company as it heads into the holiday shopping season. Shares of Hasbro have risen more than 38% percent so far this year, outperforming rival Mattel (MAT) thanks in part by sales of Star Wars toys.

Andreessen unloads Facebook shares

Facebook (FB) shares have been ripping higher all year, but is one early investor bailing out? Marc Andreessen, the Netscape founder and general partner at Andreessen Horowitz, has sold nearly his entire stake in Facebook, around 73%, in the past two weeks.

Japan in recession again

Finally - it's another blow for Japan and Prime Minister Shinzo Abe. The country has fallen into recession for a second time under Abe, as the economy contracted in the third quarter as business investments fell. GDP fell 0.8% last quarter, following a 0.7% drop in the prior period.