STOCKS NEWS US-Smith & Wesson rallies after revenue outlook

Stocks on the move Real-time Equity news U.S. stock market report 1001 EST 09Nov2009-Smith & Wesson rallies after revenue outlook ------------------------------------------------------------------------------ Shares of Smith & Wesson rallied on Monday, after the gun company said it sees sales doubling in three to five years. The company also expects gross margins of 35 to 36 percent by that time, boosted by its acquisition of privately held Universal Safety Response Inc. For details, see The stock gained 3.3 percent to $4.41 while peer gun company Sturm Ruger was up 1 percent to $11.23. Reuters Messaging: [e-mail] 0944 EST 09Nov2009-Susquehanna downgrades RIM to "neutral" ------------------------------------------------------------------------------ Susquehanna Financial on Monday downgraded Research in Motion to "neutral" from "positive," citing increased competition. The firm wrote that the BlackBerry maker would face strong competition from the Android 2.0 platform, as well as the potential risk of Apple's iPhone product going to Verizon. For details, see Reuters Messaging: [e-mail] 0937 EST 09Nov2009-Markets open higher on revived risk appetite ------------------------------------------------------------------------------ U.S. stocks opened higher on Monday, boosted by revived risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured. For details, see The Dow Jones industrial average rose 60.99 points, or 0.61 percent, to 10,084.41. The Standard & Poor's 500 Index put on 7.72 points, or 0.72 percent, to 1,077.02. The Nasdaq Composite Index gained 17.14 points, or 0.81 percent, to 2,129.58. Reuters Messaging: [e-mail] 0910 EST 09Nov2009-Ball Corp to buy remaining stake in Chinese plant ------------------------------------------------------------------------------ Ball Corp on Monday said it would buy out the remaining stake in a Chinese beverage can plant for $90 million in cash and debt. The company has owned about 35 percent of the plant since 1992. The deal is expected to close in 2010. For details, see Shares of the company closed Friday at $49.50. Reuters Messaging: [e-mail] 0905 EST 09Nov2009-Nokia to replace 14 mln phone chargers ------------------------------------------------------------------------------ Nokia Corp on Monday said it would be replacing 14 million cellphone chargers, which it said could giver users an electric shock. The company said its Chinese supplier BYD would cover the costs of recalling the chargers, for which handset makers normally pay around $1. For details, see U.S.-listed shares of Nokia rose 3 percent to $13.60 in premarket trading. Reuters Messaging: [e-mail] 0856 EST 09Nov2009-Kohlberg shares drop, delays filing of Q3 results ------------------------------------------------------------------------------ Shares of Kohlberg Capital Corp fell in premarket trading on Monday, after the company delayed the filing of its third-quarter results. The results are being delayed after the company's independent public accountants, Deloitte & Touche LLP, raised questions about the process of valuing certain loan portfolio investments. For details, see The stock fell 9.4 percent to $5 before the bell. Reuters Messaging: [e-mail] Keywords: MARKETS STOCKSNEWS COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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