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Zacks #1 Stocks on the Move 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
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• Sprint Nextel Corp. (NYSE:S) announced that it will cease selling phones and devices that are compatible with Clearwire Corporation’s (NASDAQ:CLWR) network at the end of this year
• A Michigan jury has discovered that IPG Photonics Corporation (NASDAQ:IPGP) which produces amplifiers and lasers has not violated patent claims of IMRA America Inc.
• Sony Corporation (NYSE:SNE) is in discussions to purchase the stake of LM Ericsson Telephone Co. (NASDAQ:ERIC) in their mobile phone joint venture
• Walt Disney Co. (NYSE:DIS) extended the contract of CEO Bob Iger's for an additional five years through 2016
• Research In Motion Limited (NASDAQ:RIMM) has reportedly acquired NewBay Software for around $100 million
• William Blair initiated coverage on Grifols, S.A. (NASDAQ:GRFS) with an “Outperform” rating
• Barclays Capital initiated coverage on Infosys Technologies Limited (NASDAQ:INFY) with an “Outperform” rating
• Barclays Capital initiated coverage on Wipro Ltd. (NYSE:WIT) with an “Underweight” rating
Read the full Analyst Report on S
Read the full Snapshot Report on CLWR
Read the full Snapshot Report on IPGP
Read the full Snapshot Report on SNE
Read the full Analyst Report on ERIC
Read the full Analyst Report on DIS
Read the full Snapshot Report on GRFS
Read the full Analyst Report on INFY
Read the full Snapshot Report on WIT