The U.S. stock indexes opened mixed today. Impacted by concerns on the European debt problems and other negative factors, the global market generally fell on Wednesday. Investors are waiting for the upcoming new home sales data to determine the situation of the U.S. economy. These stocks get investor’s attention today:
Amazon’s (AMZN) veteran competitor Barnes & Noble (BKS), today released two tablet PCs based on the Android operating platform: Nook HD of 7 inches and 9 inches and Nook HD + of 9 inches. The former is priced at $199 and the latter is priced at $269. The two new Tablet PCs are targeted to Amazon Kindle Fire HD and Apple iPad. According to reports, Barnes & Noble CEO William Lynch pointed out reading is still the company’s core business, despite the release of the two tablet PCs. BKS stock opened at $12.42, 1.3% higher than the last day’s closing price of $12.26. BKS stock is up 1.37% with 57,640 shares moving.
Research In Motion Limited (RIMM) opened at $6.84, representing an increase of 3.64% over the prior day’s stock closing price of $6.60. RIMM stock price is currently up 2.14% with 7.50 million shares moving, after an analyst at Sterne, Agee & Leach said Research In Motion’s second-quarter financial results may not be as bad as the market consensus estimate. The Blackberry maker also gave a preview of RIM’s BlackBerry10 phone, which will be released early next year, at a conference for application developers.
It is announced that InterDigital, Inc. (IDCC) will replace Quest Software Inc. (QSFT) in the S&P MidCap 400 after the close of trading on Friday, September 28. This news sends IDCC stock price to climb 5.73% this morning, with 256,790 shares moving.
Bank of America s initiated coverage on stock of Akorn (AKRX) today with a “Buy” rating. Following this, AKRX stock price is up 1.91% with 400,857 shares moving. Akron manufactures and markets diagnostic and therapeutic ophthalmic pharmaceuticals, as well as hospital drugs and injectable pharmaceuticals.
Jabil Circuit, Inc. (JBL) is down more than 8% with 2.89 million shares moving, as the provider of worldwide electronic manufacturing services and solutions reported its fiscal fourth quarter revenue of $4.34 billion, topping analysts’ estimates of $4.22 billion; while earnings of 54 cents per share fell short of the consensus expectation of 58 cents per share.