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Company News for March 12, 2013

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•    Shares of The Boeing Company (NYSE:BA) rose 2.1% after it announced it was accelerating production of commercial planes in order to meet rising market demand

•    Research In Motion Ltd. (NASDAQ:BBRY) surged 14.1% following news that its new BlackBerry Z10 touchscreen smartphone will be sold by telecommunication service provider AT&T Inc. (NYSE:T) from March 22 in the United States

•    Dick’s Sporting Goods Inc. (NYSE:DKS) declared on Monday that its Board of Directors has approved a $1 billion share buyback plan. This repurchase program of the company’s common stock will be completed within the next five years

•    Renren Inc. (NYSE:RENN) reported a fourth quarter loss per share of $0.06, narrower than the Zacks Consensus Estimate of a loss of $0.07

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