A number of large retailers, including Target (TGT) and Macy’s (M), filed a new lawsuit in Manhattan alleging the $7.25B settlement agreed to by Visa (V) and MasterCard (MA) over credit and debit card ...

IBM sees double digit EPS growth in Q4

Health Net (HNT) and Molina Healthcare (MOH) were two of the health insurers selected to offer plans on the state's healthcare exchange, according to The LA Times. The companies selected agreed to reduce ...

Israeli Energy and Water Minister Silvan Shalom may allow only 40% of his country's natural gas to be exported, according to Globes. A committee appointed by the government had previously recommended that ...

rue21 agrees to buyout, as previously predicted by analyst

On The Fly: Midday Wrap

Macy's (M) and Target (TGT) are among the retailers bringing the antitrust suit, according to Bloomberg.

Elan board rejects Royalty Pharma's revised tender offer

Cirrus Logic tumbles after reducing long-term margin outlook

Cites planned launches of new video game systems later this year from Microsoft (MSFT) and Sony (SNE). Says still intends to complete share buyback program as authorized. Comments from Q1 earnings conference ...

Highway Holdings receives multi-year OEM order for vacuum components

Advance Auto Parts slips after guiding to low end of prior view

Amazon earlier today announced that Kindle Fire HD and Kindle Fire HD 8.9” are now available to customers in over 170 countries and territories around the world for pre-order through Amazon.com.

Northern Trust Chief Administrative Officer Timothy Moen to retire from company

Home builders climb after April new home sales top expectations

On The Fly: Analyst Initiation Summary

On The Fly: Analyst Downgrade Summary

On The Fly: Analyst Upgrade Summary

Republican Senator John Cornyn yesterday introduced legislation that would crack down on "patent trolls," according to The Hill. The bill would give defendants in patent lawsuits more information ...

OPKO Health surpasses 50% enrollment in first Phase 3 trial of Rayaldy

Meg Whitman is speaking on CNBC.

S&P 500 set for a test, still at an extreme of over-bought

Hewlett-Packard had a solid quarter but remain cautious, says Goldman

China Shen Zhou Mining announced the company received a delisting notice from the staff of NYSE Regulation on behalf of NYSE indicating that the Company had failed to demonstrate its ability to regain ...

As previously announced, Marathon Oil had engaged in discussions with respect to a potential sale of a portion of the company's 20% outside-operated interest in the Athabasca Oil Sands Project, or AOSP, ...

Citrix Systems changes could reaccelerate growth, says Pacific Crest

In Japan, Microsoft is expanding capacity for its Windows Azure cloud computing services for businesses, as it bets on growing corporate IT spending in the country, reports the Wall Street Journal.

Target $46.

Merrimack completes enrollement in a Phase 2 study of MM-121 with Sanofi

The company expects to begin trading on the NYSE on June 6 under its current stock symbol "PRGO", and will continue to trade on NASDAQ until the transfer takes place.

In the U.K., Google Executive Chairman Eric Schmidt defended Google’s tax practices, saying the company would continue to invest in Britain “no matter what” after the Labour leader Ed Miliband criticized ...

DISH issues statement on SoftBank and CFIUS

Biogen has named Spyros Artavanis-Tsakonas, Ph.D., the company’s Chief Scientific Officer. Dr. Artavanis-Tsakonas had served as interim CSO while on sabbatical from Harvard Medical School. He will now ...

German chemical company BASF is looking at a number of sites to set up a global research center in India as it shifts its R&D work to Asia, supporting its major expansion into the region, reports the Economic ...

LinkedIn acquires team of social polling start-up Maybe, TechCrunch reports

Canaccord checks indicate a high level of satisfaction among customers and has increased comfort with instrument placement and utilization rates going forward. Shares are Buy rated.

Canaccord raised Akamai's price target due to strong volume momentum in its underlying business and cost structure improvements. The firm believes Akamai's strong growth is sustainable and that there is ...

Janssen expects to have more than 25 brand line extensions by 2017

Volvo AB is exploring the sale of Volvo Rents, its North American construction-equipment rental business, sources say, reports Bloomberg. The division may be worth $1B to $1.5B, a source added, saying ...

Dover announced that its board has unanimously approved a plan to spin off certain of its communication technologies businesses into a standalone, publicly traded company. Upon completion of the spin off, ...

EU's Barnier wants big companies to disclose national tax bills, Reuters reports

Omeros announced that its Investigational New Drug Application to evaluate OMS824 in Huntington's disease has been cleared by the FDA. OMS824 selectively inhibits phosphodiesterase 10, an enzyme expressed ...

Target $75.

Target $119.

Target $73.

Teekay LNG Partners has entered into an equity distribution agreement with Citigroup Global Markets to offer and sell common units having an aggregate offering price of up to $100M.

On the Fly: Periodicals Wrap-Up

Diamond Offshore upgraded to Neutral from Sell at Goldman