• The U.S. International Trade Commission said on Friday that it will review a patent decision that went against Kodak in January. Reacting to the news, shares of Eastman Kodak Co (NYSE:EK) rocketed 5.3% to $3.72
• Robert W. Baird & Co upgraded wireless carrier Leap Wireless International, Inc. (NASDAQ:LEAP) to “Outperform” from “Neutral” rating
• Rural/Metro Corporation (NASDAQ:RURL) said it would be acquired by private equity firm Warburg Pincus for $17.25 per share
• Late on Friday, Chinese insurer and broker CNinsure Inc.’s (NASDAQ:CISG) said it would sell Beijing Fanhau Datong Investment Management Co. Ltd. for nearly $64 million
• Chinese jewelry company Fuqi International, Inc. (NASDAQ:FUQI) again delayed the filing of its restated 2009 results, citing an internal investigation of cash transfers. Reacting to the news, Fuqi International Inc.’s shares fell 18%
• Goodyear Tire & Rubber Co (NYSE:GT) said it is making a public offering of $435 million of mandatory convertible preferred stock
• Barclays Capital analysts upgraded Babcock & Wilcox Co (NYSE:BWC) to “Equal weight” rating, increasing the target price from $29.00 to $33.00
• Wedbush analysts started coverage on American Superconductor Corporation (NASDAQ:AMSC) with a “Neutral” rating and a target price of $25
AMER SUPERCON (AMSC): Free Stock Analysis Report
BABCOCK&WILCOX (BWC): Free Stock Analysis Report
EASTMAN KODAK (EK): Free Stock Analysis Report
FUQI INTERNATNL (FUQI): Free Stock Analysis Report
GOODYEAR TIRE (GT): Free Stock Analysis Report
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