Company News for December 31, 2012

Zacks

•    Barnes & Noble, Inc. (NYSE:BKS) surged 4.3% after it announced that 5% of its stake in NOOK Media, LLC has been acquired by Pearson PLC (NYSE:PSO). The purchase is valued at around $89.5 million

•    Shares of Nokia Corporation (NYSE:NOK) lost 4.7% following a Wall Street Journal report according to which its newly launched Lumia smartphones are available at a post holiday discounted price from Amazon.com, Inc. (NASDAQ:AMZN) and some domestic carriers

•    Synchronoss Technologies, Inc. (NASDAQ:SNCR) jumped 3.3% on Friday, a day after it announced it has acquired Research In Motion Limited’s (NASDAQ:RIMM) NewBay unit which provides cloud services

•    Shares of magicJack VocalTec Ltd. (NASDAQ:CALL) gained 10.3% after it raised its earnings forecasts for the fourth quarter ending December, 2012. It also said that a new CEO and president, Gerald T. Vento will be in charge from 1st January, 2013
 

Read the analyst report on BKS

Read the analyst report on PSO

Read the analyst report on NOK

Read the analyst report on AMZN

Read the analyst report on SNCR

Read the analyst report on RIMM

Read the analyst report on CALL

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