Yelp—The online review site's shares were upgraded to "outperform" from "market perform" at JMP Securities, saying Yelp is positioned to enjoy continued strong revenue growth and margin expansion.
Symantec–BMO upgraded the anti-virus software maker's shares to "outperform" following the ouster of CEO Steve Bennett. BMO thinks that could put any number of strategic options on the table, including the sale or divestiture of underperforming assets.
Hormel, J.M. Smucker, Pinnacle Foods–The three are among those who have reportedly expressed interest in buying Unilever's Ragu brand, according to Bloomberg. The brand could reportedly bring in as much as $2 billion.
Apple—The Wall Street Journal reports that the company is in talks with NBCUniversal parent Comcast (CMCSA) for a streaming-television service that would bypass web congestion. Separately, Barron's said Apple's shares could jump 20 percent in the next 12 months, boosted by the next version of the iPhone.
Nokia–The phone maker now expects the sale of its phone business to Microsoft to be delayed until next month, as it continues talks with Asian regulators. Analysts say the company may have to make more concessions to complete the transaction.
General Motors–Federal regulators are reportedly looking into whether GM committed bankruptcy fraud back in 2009. The New York Times said the probe centers on whether GM disclosed its problem with defective ignition switches in that filing.
J.C. Penney–The retailer said it does not expect its lawsuit with Macy's over its deal with Martha Stewart Living to have a material adverse impact on its results. Macy's had sued Penney and Martha Stewart Living, saying its contract for exclusive rights to the Martha Stewart brand had been breached by an agreement between Martha Stewart Living and J.C. Penney.
JPMorgan Chase—China investment bank CEO Fang Fang is departing, according to Reuters, which cited an internal memo. The memo gives no reason for his departure, but comes after an investigation into the bank's Asian hiring practices.
Cisco Systems–Cisco will spend $1 billion over the next two years to enter the cloud computing services market, according to the Wall Street Journal.
Twitter–Twitter is shutting down its music service less than a year after the service launched. Twitter is removing the app from Apple's iTunes store, and current users will only be able to use it until April 18.
Coca-Cola–Shareholder Wintergreen Advisors is expressing "deep disappointment" with the beverage maker's 2014 equity plan, saying it transfers an "unnecessarily large" amount of wealth from shareholders to members of the company's management team. It made its view known in letters to Coke's board of directors and to Berkshire Hathaway CEO Warren Buffett, a major Coke shareholder. Coke said Wintergreen has misunderstood how the compensation plan works, and that it is tied to specific business goals.
Duke Energy–The energy big will meet with South Carolina regulators and environmental groups today, following reports of new instances of pollution in Duke's management of toxic coal ash ponds.
—By CNBC's Peter Schacknow
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