Market Insider

What's Shaking: Monday's Early Movers


Take a look at some of Monday morning's early movers:

Research In Motion - Co-CEOs Mike Lazaridis and Jim Balsillie have stepped down, replaced by chief operating officer Thorsten Heins. The new CEO tells CNBC a newly launched product portfolio will help accelerate the company's growth, and that he plans to appoint a new chief marketing officer to help increase communication with customers, especially in the U.S. market.

Siriux XM Radio - Morgan Stanley has downgraded the stock to "equal weight" from "overweight", but increased the price target to $2.30 from $2.00.

ConocoPhillips - UBS downgrades the stock to "sell" from "neutral", cutting the price target to $60 from $68. The firm made the change on a valuation basis.

American Eagle Outfitters - Chief Executive Officer James O'Donnell will step down as of January 28.

Halliburton - The oilfield services giant reported fourth quarter EPS of $1.00, excluding certain items, one cent above estimates. Revenue also beat consensus forecasts.

Biogen Idec - The Foods and Drug Administration has approved a request by Biogen Idec to promote use of a risk factor test for multiple sclerosis patients taking its best-selling Tysabri drug.

General Motors - Federal regulators have ended an investigation into Chevy Volt fires, and have determined that the vehicle is safe and poses no safety concerns.

Netflix - The company's chief marketing officer Leslie Kilgore is vacating that position after 12 years, though she will take a spot on the firm's board of directors. Marketing vice president Jessie Becker will take the job on a tempoary basis until a permanent replacement is found.

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