RIM to Face 4 Challenges
Jefferies & Co. expects four potential negative events for Research In Motion Ltd. (NASDAQ: RIMM) shareholders in the next 6 to 12 months. The brokerage reiterated its underperform rating on shares of the BlackBerry maker with a price target of $35.
Post-Market NASDAQ Movers (AATI, SEAC, RUE, MRVL, SABA, GMAN, BCSI, OVTI, THQI, CNTF)
The top after-market NASDAQ Stock Market gainers are: Advanced Analogic Technologies, SeaChange International, rue21, Marvell Technology Group, and Saba Software. The top after-market NASDAQ Stock Market losers are: Gordmans Stores, Blue Coat Systems, OmniVision Technologies, THQ, and China Techfaith Wireless Communication Technology.
Martha Stewart Living Cleans House, Looking for Serious Dating?
RBC Capital Markets said the goals are unclear as Martha Stewart Living Omnimedia Inc. (NYSE: MSO) cleaned management house, while hiring an investment bank to explore strategic partnerships.
Pre-Market NASDAQ Movers (USAT, NTAP, SQNM, LVLT, AKAM, EMITF, RIGL, GNOM, CSGP, SHPGY)
The top pre-market NASDAQ Stock Market gainers are: USA Technologies, NetApp, Sequenom, Level 3 Communications, and Akamai Technologies. The top pre-market NASDAQ Stock Market losers are: Elbit Imaging, Rigel Pharmaceuticals, Complete Genomics, CoStar Group, and Shire.
Protests Turn Violent in Tbilisi, Georgia (PHOTOS)
A Georgian opposition party protest in the capital of Tbilisi was violently broken down by riot police, who used tear gas, rubber bullets and water cannon to disperse several hundred demonstrators, who demanded the resignation of President Mikheil Saakashvili.
Boeing Annual Investor Day Lifts Confidence: Analyst
Wedbush Securities said Boeing Co. (NYSE: BA) annual investor day yielded little incremental insight, but increased its confidence in the timing and production ramp of the new commercial programs. The brokerage maintained its outperform rating on shares of Boeing with a price target of $91.
Post-Market NASDAQ Movers (SMTC, DEER, UBFO, LVLT, NTAP, SIGM, RIGL, AMED, NVAX, ALTR)
The top after-market NASDAQ Stock Market gainers are: Semtech, Deer Consumer Products, United Security Bancshares, Level 3 Communications, and NetApp. The top after-market NASDAQ Stock Market losers are: Sigma Designs, Rigel Pharmaceuticals, Amedisys, Novavax, and Altera.
When President Barack Obama serves food... (PHOTOS)
On May 25, Obama with first lady Michelle Obama and David Cameron with Samantha Cameron served lunch to U.S. and British military service members, veterans and family members in a courtyard at 10 Downing Street in London.
Pre-Market NASDAQ Movers (QTWW, CPKI, LTXC, VVUS, AVGO, AKRX, EXLP, AVNR, AMAT, COST)
The top pre-market NASDAQ Stock Market gainers are: Quantum Fuel Systems Technologies Worldwide, California Pizza Kitchen, LTX-Credence, VIVUS, and Avago Technologies. The top pre-market NASDAQ Stock Market losers are: Akorn, Exterran Partners, Avanir Pharmaceuticals, Applied Materials, and Costco Wholesale.
Iceland Volcano: German Airports Face Traffic Disruption (PHOTOS)
Iceland's most active volcano, Grimsvotn, began erupting on Saturday, causing airlines to cancel over 1,000 flights in northern Europe on Tuesday and Wednesday due to fears over aviation safety. Ash cloud warnings over Britain and Ireland were lifted on Wednesday but in Germany, Bremen and Hamburg airports were briefly closed and Berlin was also expected to be disrupted.
Aftermath Photos of Tornado Havoc in Joplin, Missouri
The death toll from a monster tornado that hit Joplin, Missouri on Sunday, the deadliest in the U.S. since 1947, rose to 123 while at least 750 people were injured and many more were missing.
Apple iPhone Still Expected to Outgrow Market: Analyst
Barclays Capital still believes Apple Inc.'s (NASDAQ: AAPL) iPhone is well positioned to grow faster than the smartphone market over the long-term. The brokerage reiterated its overweight rating on shares of Apple with a price target of $465.
Post-Market NASDAQ Movers (VELT, CHBT, ONTY, SYNO, IPAR, PSTB, CHRS, BAMM, CSGP, EXLP, CPWR)
The top after-market NASDAQ Stock Market gainers are: Velti, China-Biotics, Oncothyreon, Synovis Life Technologies, and Inter Parfums. The top after-market NASDAQ Stock Market losers are: Park Sterling Bank, Charming Shoppes, Books-A-Million, CoStar Group, Exterran Partners, and Compuware.
Yahoo! Investor Day to Focus on International Assets, Stake in Alibaba Group
Yahoo! Inc. (NASDAQ: YHOO) will be hosting its 2011 investor day on May 25. Caris & Co. said this time the focus of most attendees will be on international assets and especially the company's stake in Alibaba Group.
Pre-Market NASDAQ Movers (SIFY, CNTF, SOLR, UCBI, VRUS, PWRD, TIVO, INVE, TEVA, RIMM)
The top pre-market NASDAQ Stock Market gainers are: Sify Technologies, China Techfaith Wireless Communication Technology, GT Solar International, United Community Banks, Pharmasset, Perfect World, and TiVo. The top pre-market NASDAQ Stock Market losers are: Identive Group, Teva Pharmaceutical Industries, and Research In Motion.
Lady Gaga at Born This Way Signing Event (PHOTOS)
Pop star Lady Gaga's brand-new album Born this way is a highly anticipated full-length follow-up to her 2008 breakthrough debut album The Fame. Take a glimpse of Singer Lady Gaga as she arrived at an album-signing event in New York City:
DreamWorks' Kung Fu Panda 2 Impresses in West Coast Investor Screening: Analyst
Caris & Co. said it is impressed with the investor screening of Kung Fu Panda 2 on Saturday afternoon at DreamWorks Animation (NASDAQ: DWA) headquarters in Glendale, California.
Post-Market NASDAQ Movers (HSFT, SOLR, CISG, PWRD, NVAX, INVE, SIMG, DRWI, FTNT, ARBA)
The top after-market NASDAQ Stock Market gainers are: HiSoft Technology International, GT Solar International, Cninsure, Perfect World, and Novavax. The top after-market NASDAQ Stock Market losers are: Identive Group, Silicon Image, DragonWave, Fortinet, and Ariba.
Harley-Davidson -- Feedback Points to Continued Market Share Expansion: Analyst
Wedbush Securities said its channel checks point to continued market share expansion for Harley-Davidson, Inc. (NYSE: HOG). The brokerage maintained its outperform rating on shares of Harley-Davidson with a price target of $48.
Pre-Market NASDAQ Movers (INVE, SNTS, SPPI, AVNR, ORCT, SGMO, TZOO, HSOL, JDSU, AIXG, AINV, ERIC)
The top pre-market NASDAQ Stock Market gainers are: Identive Group, Santarus, Spectrum Pharmaceuticals, Avanir Pharmaceuticals, Orckit Communications, and Sangamo Biosciences. The top pre-market NASDAQ Stock Market losers are: Travelzoo, Hanwha SolarOne, JDS Uniphase, Aixtron, Apollo Investment, and LM Ericsson Telephone.
Nara Bancorp Upgraded at FBR Capital
FBR Capital Markets upgraded its rating on shares of Nara Bancorp, Inc. (NASDAQ: NARA) to "outperform" from "market perform" ahead of near-term catalysts and recent pullback, with a price target of $10.
Top 10 US Companies Hiring This Week (May 23 - May 29)
AOL Jobs, through its partnership with CareerBuilder.com, has listed the top ten U.S. companies hiring this week from May 23 to May 29.
First Pillow Fighting World Championship 2011 (PHOTOS)
The first Pillow Fighting World Championship was inaugurated in New York on May 17. The event was attended exclusively by women -- mostly representatives of the United States, Austria, Japan and Sweden.
Kofax Buying Atalasoft -- Classic Bolt-On Deal: Analyst
Jefferies & Co. views Kofax Plc acquiring Atalasoft as a classic strategic bolt-on deal. The brokerage retained its buy rating on shares of Kofax with a price target of 598 pence.
Post-Market NASDAQ Movers (RRGB, OPXT, BPAX, SSYS, STEC, ZUMZ, BPOP, ABAX, NDSN, STMP, CEVA, IMGN)
The top after-market NASDAQ Stock Market gainers are: Red Robin Gourmet Burgers, Opnext, BioSante Pharmaceuticals, Stratasys, STEC, and Zumiez. The top after-market NASDAQ Stock Market losers are: Popular, Abaxis, Nordson, Stamps.com, CEVA, and Immunogen.
Doomsday: Is it May 21, 2011 or Dec. 21, 2012
Looks like it’s the doomsday season, again, signs and newspaper ads across the U.S. and in other places around the world have been warning that the judgment day is coming, but the question remains whether it is on May 21, 2011 or December 21, 2012.
Commander Mark Kelly Talks on Future of NASA Space Program; Shows Off Wedding Ring (VIDEO)
NASA astronaut Mark Kelly, commander of the STS-134 space shuttle mission, made a statement aboard the International Space Station about the future of space exploration. In addition, as he spoke from space Kelly showed off his wedding ring, which he wears around his neck.
Cephalon Investor Meeting Takeaways on Acquisiton by Teva: Analyst
RBC Capital Markets hosted an investor meeting with Cephalon Inc.'s (NASDAQ: CEPH) chief financial officer Wilco Groenhuysen and chief marketing officer Lesley Russell. The brokerage listed out key takeaways regarding the proposed acquisition of Cephalon by Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA).
Pre-Market NASDAQ Movers (GLUU, PETM, EXEL, LRCX, DLTR, SMT, MPEL, MBLX, KLAC, YONG, AMAT, INTC)
The top pre-market NASDAQ Stock Market gainers are: Glu Mobile, PetSmart, Exelixis, Lam Research, and Dollar Tree. The top pre-market NASDAQ Stock Market losers are: Smart Technologies, Melco Crown Entertainment, Metabolix, KLA-Tencor, Yongye International, Applied Materials, and Intel.
TEPCO Releases Photos of Tsunami Waters Around its Plant
Tokyo Electric Power Company (TEPCO) released Thursday handout tsunami waters photos taken from near its number 5 reactor at Fukushima Daiichi nuclear power plant on March 11, when a 8.9 magnitude earthquake struck Japan that triggered the tsunami.
