Avon Pops and 4 Heavily Traded Shares Changing Hands Mid-Afternoon
Research In Motion Ltd (NASDAQ:BBRY): Current price $15.29
The Blackberry Z10, the latest Research In Motion smartphone, is now available in the United States prior to the official introduction of the device, a reveal which is expected to be in mid-March.
Cisco Systems, Inc. (NASDAQ:CSCO): Current price $20.99
Cisco Systems continues to quench their partners’ thirst for a greater mid-market play by rolling out a number of updates to both their collaboration portfolio and partner certification programs which are aimed at making it easier for partners to target smaller- and mid-sized companies. The mid-market, which Cisco defines as organizations with 100 to 1,000 employees, is brimming with opportunity and just waiting to be seized by the networking giant and their partners, particularly when it comes to the collaboration and telepresence space, said Richard McLeod, senior director of Cisco’s worldwide collaboration channel sales.
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Avon Products, Inc. (NYSE:AVP): Current price $21.00
After the door-to-door cosmetics seller reported progress in stabilizing their sales and said that they expect to repay a chunk of their debt in the coming months, shares of Avon Products jumped about 20%.
Nexen Inc. (NYSE:NXY): Current price $27.43
Nexen announced that they have received approval from the Committee on Foreign Investment in the United States with respect to their proposed acquisition by CNOOC Limited (NYSE:CEO). They now have all of the requisite approvals needed to close, a move which is expected to occur during the week of February 25.
Sirius XM Radio Inc (NASDAQ:SIRI): Current price $3.17
Sirius XM Radio had their “hold” rating reaffirmed by analysts at Wunderlich. They now have a $3.00 price target on the stock, up previously from $2.80.
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