BlackBerry maker Research In Motion Ltd. (NASDAQ: RIMM) has largely missed a major cycle and is on the verge of missing another as LTE networks are introduced, Jefferies & Co. said in a note to clients.
Senior executives of Skype Technologies SA, the Internet-calling service being acquired by Microsoft Corp. (NASDAQ: MSFT), has departed following its $8.5 billion buyout.
The companies whose shares are moving in pre-market trade on Monday are: CF Industries Holdings, Peabody Energy, CONSOL Energy, Sprint Nextel, PNC Financial Services, Nabors Industries, Akamai Technologies, Carnival Corp, Nike and Sandisk Corp.
Barclays Capital said data storage company EMC Corp. (NYSE: EMC) will look to continue to acquire companies that focus on analytics and Big Data technology.
Honeycomb, a tablet-oriented platform, which debuted on the Motorola's Xoom in February 2011, supports large screen devices and introduces many new user interface features.
The top after-market NYSE gainers on Thursday are: ING Group, Companhia Brasileira, Booz Allen Hamilton Holding, EnergySolutions and American Reprographics. The top after-market NYSE losers are: Lender Processing Services, Cal Dive International, Pandora Media, TRC Companies and CarMax.
Shares of Pandora (NYSE:SLV) got killed on Thursday. They plunged nearly 24 percent from Wednesday’s closing to end at $13.26, which is also 17 percent below its IPO price of $16
The top after-market NYSE gainers on Wednesday are: Georgia Gulf, Newpark Resources, BPZ Resources, Eastman Chemical and Westlake Chemical. The top after-market NYSE losers are: Collective Brands, Winnebago Industries, STR Holdings, Talbots and Korn/Ferry International.
Johnson **9** Johnson (NYSE: NJN) said it is exiting the drug-coated heart stents, resulting in hundreds of likely job losses.
The companies whose shares are moving in pre-market trade on Wednesday are: Netapp, Finisar, Owens-Illinois, E-Commerce China, Carnival, J.C. Penney, Sprint Nextel, United States Steel, Baker Hughes and Southwest Airlines.
JCPenny Co. Inc. said Ron Johnson would succeed Myron Ullman, III as Chief Executive Officer, effective Nov.1.
The top after-market NYSE gainers on Tuesday are: China Ming Yang Wind Power, CLARCOR, Brunswick, La-Z-Boy and E-Commerce China Dangdang. The top after-market NYSE losers are: Emdeon, EMC, Scotts Miracle-Gro, Headwaters and Eastman Kodak.
Ron Johnson, after his 11-year career as senior vice president at Apple Inc., will take over as CEO at J.C. Penney Co. November this year.
Following stocks may see active trading on June 14. They include, Apple, Nokia, HP and Dollar Thrifty.
The companies whose shares are moving in pre-market trade on Tuesday are: Nabors Industries, Micron Technology, Sprint Nextel, Barclays, Wells Fargo, Ford Motor, Caterpillar, Apple, Nokia, Morgan Stanley and Kinder Morgan Energy.
PC giant Hewlett Packard announced some significant organizational changes to better realign CEO Leo Apotheker's direct reports with his new strategic vision.
Mobile giant Nokia said it has signed a patent license deal with Apple that would end all the pending patent litigations between the two companies over iPhone, iPod and iPad.
The top after-market NYSE gainers on Monday are: TAL Education Group, BPZ Resources, Xueda Education, CONSOL Energy and Penn West Petroleum. The top after-market NYSE losers are: Hypercom, K-V Pharmaceutical, iSoftStone Holdings, China Ming Yang Wind Power Group and Kinder Morgan Energy Partners.
Fast-food chain Wendy's said Monday that it will sell a majority stake in Arby's to a private equity group, Roark Group. Wendy's will keep an 18.5 percent stake.
The new chief executive of bailed out British bank Lloyds Banking Group (NYSE: LYG) is planning to cut another 15,000 jobs, on top of the 28,000 positions the bank has already eliminated since it merged with HBOS in early 2009.
The companies whose shares are moving in pre-market trade on Monday are: VF Corp, Hartford Financial, Caterpillar, Adobe Systems, Gilead Sciences, Goodyear Tire & Rubber, Devon Energy, Regions Financial, Harley Davidson and Ford Motor Co.
The much-debated proposal to delay implementation of the Durbin amendment cap on debit-card interchange fees failed in the U.S. Senate on June 8 despite a 54-45 vote in its favor.
