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• Reacting to news that Microsoft (NASDAQ:MSFT) is considering a bid for Yahoo (NASDAQ:YHOO), shares of the company gained 3.30% to close at $25.89
• Share prices of lightning manufacture Acuity Brands Inc. (NYSE:AYI) increased 11.67% to close at $37.73 after the company posted a profitable fourth quarter results
• Share prices Lufkin Industries Inc. (NASDAQ:LUFK) fell 8.79% during the early hours of the days trade after the company lowered its outlook for the third-quarter
• Analysts at Citigroup upgraded shares of Acorda Therapeutics (NASDAQ:ACOR) to "Buy" rating from "Hold" rating
• Analysts at Citi upgraded shares of Cbeyond Inc (NASDAQ:CBEY) to "Buy" rating from "Hold" rating
• Analysts at Citigroup upgraded shares of CBS Corporation (NYSE:CBS) to "Buy" rating from "Hold" rating
• Analysts at Credit Suisse upgraded shares of CTC Media (NASDAQ:CTCM) to "Neutral" rating from "Underperform" rating
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