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Corporate Summary




•    Rumors did the rounds that billionaire investor Carl Icahn might purchase a stake in Research In Motion Limited (NASDAQ:RIMM)

•    According to reports, Apple Inc. (NASDAQ:AAPL) is expected to launch its latest iPhone on next Tuesday

•    Walgreen Co. (NYSE:WAG) was one of the heaviest losers in the S&P 500 after it said that talks with Express Scripts Inc. (NASDAQ:ESRX) to renew a contract for providing prescriptions to the latter’s customers had failed

•    U.S. regulatory authorities are investigating Motorola Solutions, Inc. (NYSE:MSI) to ascertain whether it paid bribes to gain business in Europe

•    Flotek Industries Inc. (NYSE:FTK) said its revenues increased from $23 million in July to $25 million in August 

•    Jefferies initiated coverage on Aruba Networks, Inc. (NASDAQ:ARUN) with a “Hold” rating

•    Citigroup, Inc. (NYSE:C) upgraded Bunge Limited (NYSE:BG) to “Buy” rating from “Hold” rating

•    JMP Securities initiated coverage on MAXIMUS, Inc. (NYSE:MMS) with an “Outperform” rating


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