Stocks to Watch: RIMM, AAPL & More
Track some of the companies making headlines after-the-bell Monday:
Research In Motion - The struggling BlackBerry maker may consider hiring a Canadian bank to help weigh its strategy options, according to a Bloomberg report.
Apple - Raymond James initiated coverage of the tech giant with a "strong buy" and a target price of $800. This comes after the stock plunged more than 4 percent, giving back gains after surging almost 45 percent this year.
Delta Airlines - The airline company is close to purchasing ConocoPhilips refinery in a deal valued between $100 million and $120 million as early as this week.
Valero Energy - The oil company updated its earnings outlook, saying it now expects first-quarter earnings to fall between $0.25 and $0.35 versus an estimate of $0.20.
United Airlines - The company announced that its CFO Zane Rowe will be departing the firm to take a non-financial position at Apple. John Rainey will take over as the new CFO.
Cerus Corporation - The health care company was initiated with a "buy" rating at Cantor Fitzgerald.
- Click here to track after-hours quotes all the companies above
Questions? Comments? Email us at email@example.com