Stocks to Watch: RIMM, NYT, BLMN & More
Take a look at some of Wednesday's midday movers:
Research In Motion moved higher after a Jefferies analyst laid out a plan for Samsung to rescue the embattled Blackberry maker.
New York Times climbed following a report that the company is close to selling its Internet property About.com. The company declined comment.
Orbitz lost ground after it posted lower earnings and cut its 2012 growth forecasts, citing global economic uncertainty.
Bloomin Brands moved higher in its Wall Street debut. The company owns Outback Steakhouse and Carrabba’s Italian Grill.
Hewlett-Packard rose after it raised its third-quarter earnings outlook.
VeriFone slumped following news that Starbucks will team up with rival Square to form a mobile payment partnership.
Computer Sciences gained ground on better-than-expected quarterly profits.
Petrobas rose after the Brazilian Energy Minister called for a fuel price hike.
Avnet lost ground after reporting weaker than expected earnings and lowered forecasts for the current quarter.
Alpha Natural Resources moved lower after the coal producer reported a $2.2 billion second-quarter loss.
Kelly Services rose after the staffing company posted better-than-expected earnings.
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