Company News for November 26, 2012

Zacks Equity Research
November 26, 2012

•    Wal-Mart Stores, Inc.’s (NYSE:WMT) joint venture unit in India suspended its chief financial officer and employees from the legal team on Friday after the company started investigating alleged violations of US anti-bribery laws

•    Shares of Research In Motion Limited (NASDAQ:RIMM) gained 13.6% on Friday, a day after an analyst at National Bank made favorable comments on the forthcoming BlackBerry 10 phones

•    MAP Pharmaceuticals Inc. (NASDAQ:MAPP) surged 20.3% after the FDA approved its migraine drug, Levadex

•    Baxter International Inc. (NYSE:BAX) said it is close to concluding the acquisition of Sweden-based company, Gambro for $4 billion

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Read the analyst report on RIMM

Read the analyst report on MAPP

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