Sunday, November 25, 2012

Nov. 23, 2012, 2:12 p.m. EST

Friday’s biggest gaining and declining stocks

Research In Motion, Gap and Wal-Mart tickers trending

Portfolio Relevance
By Polya Lesova and Barbara Kollmeyer, MarketWatch
NEW YORK (MarketWatch) — Here are some of Friday’s most notable stock moves.


Dell Inc. DELL +5.41%  shares rose 5.4% as the computer maker joined a broad rally in the technology sector. Read: H-P, Dell lead strong tech gains.
MAP Pharmaceuticals Inc. MAPP +20.28%  shares surged more than 20% following positive regulatory news regarding its new migraine drug.
Research In Motion Ltd. RIMM +13.65%   CA:RIM -3.25%  shares rallied nearly 14%. Investors are getting optimistic about the BlackBerry 10 smartphone. RIM’s shares had surged on Thursday in Toronto following a bullish research report from National Bank. Read: RIM gets big bounce — and it’s still cheap.

Beating Black Friday: Deals, gifts

WSJ Off Duty has 10 hot Cyber Monday food deals you can score from the safety of your couch. Plus, a look at gifts for the super-rich, from luxury cars to high-end speakers.


KIT Digital Inc. KITD -64.25%   shares plunged more than 64%. On Nov. 21, the company said that due to errors and irregularities, it was restating financial statements going back to 2009, and canceled its stockholders meeting.

Top tickers trending

RIMM: Nils1975: It’s National Bank’s Kris Thompson, who caused $RIMM biggest jump since ‘09 btw. --> he’ll be one to follow from now on
ericjackson: “ @Dasan : Yes, I’m long $RIMM and @ericjackson was quoted in Bloomberg story today admitting he bought some recently” true
protradermike: $RIMM huge short squeeze and margin calls tomorrow - would hate to be short - buying huge in the morning
WMT: On the biggest shopping day of the year, Wal-Mart Stores Inc. WMT +1.90%  was drawing plenty of chatter. Investors were also discussing an investigation into its India operations. Shares of Wal-Mart rose 1.9%. Read: Bharti Walmart suspends staff in antibribery probe
retail_guru: India investigation of Wal-Mart reflects realities of doing business but also $WMT need to diversify quickly into growth in emerging markets
BrianSozzi: Wal-Mart doing a better marketing job than Target on its Facebook page. More updates. More deals shared. $WMT $TGT #BlackFriday
GPS: Another retailer, Gap Inc. GPS +1.00% , ,was also drawing attention.

StockTwits: Gap, TJX TJX +1.04%  and Coach COH +2.37%  to deliver strong sales during holiday season via @Sverrisson_S $GPS $TJX & $COH
The_Analyst: I love that $GPS is 60% off + additional 20% off. Things must be going so well for the main brand (that was yesterday, not black friday)
TraceyRyniec: Plenty of shoppers in the Gap in union square. Not home with their families. $GPS 

Portfolio Relevance
By MarketWatch

Monday, Nov. 26

Senate back in session.

Tuesday, Nov. 27

House back in session.
8:30 a.m.: Durable goods order for October, released by the Commerce Department.
9 a.m.: Case-Shiller home price index for September, released by Case-Schiller.
10 a.m.: Consumer confidence index for November, released by the Conference Board.
10 a.m.: FHFA home price index for September, released by the Federal Housing Finance Agency.

Wednesday, Nov. 28

10 a.m.: New home sales for October, released by the Commerce Department.
10 a.m.: Hearing on how to combat health care waste and fraud, at the House Energy and Commerce subcommittee on Health.
2 p.m.: Beige Book on regional economic conditions, released by the Federal Reserve Board.

Thursday, Nov. 29

8:30 a.m.: Weekly jobless claim, released by the Labor Department.
8:30 a.m.: Third-quarter Gross Domestic Product, released by the Commerce Department.
10 a.m.: Pending home sales for October, released by the National Association of Realtors.
10 a.m.: Hearing to examine the impact on banks of new Basel III capital standards, at a joint hearing of the House Financial Services subcommittees on Insurance, Housing and Community Opportunity, and Financial Institutions and Consumer Credit.
2 p.m.: Hearing on the future of money, at the House Financial Services subcommittee on Domestic Monetary Policy and Technology.

Friday, Nov. 30

8:30 a.m.: Personal income and consumer spending for October, released by the Labor Department.
9:45 a.m.: Chicago PMI on business activity in the Chicago region for November, released by the Institute for Supply Management. 

Portfolio Relevance
By Wallace Witkowski, MarketWatch
SAN FRANCISCO (MarketWatch) — As attention shifts away from Black Friday expect active trading in stocks seen to benefit from so-called Cyber Monday sales.

Reuters is expected to see active trade Monday as investors focus on online holiday sales.
Shares of Inc.AMZN +0.78% , the world’s largest online retailer, are expected to see activity Monday as more online sales come into play for the holiday shopping season.
The stock, which is trading about 9% off its all-time high of $264.11 reached in September, has picked up momentum in November and gained 6.5% this past week to close at $239.88 as it and other retailers like Best Buy Inc. BBY +1.12%  kicked off Thanksgiving sales online.Read more about Black Friday and retailers.
EBay Inc. EBAY +0.78%  shares, which rose 3.7% on the week, are also in focus as some look to flip hard-to-get holiday gift items and bargains purchased at Black Friday sales.
Groupon Inc. GRPN +1.80%  shares will test whether they can hold onto newfound gains, having jumped nearly 33% in the past week after hedge fund Tiger Global disclosed acquiring a 9.9% stake in the daily-deals company.
As the holiday shopping season continues, other retailers like Wal-Mart Stores Inc.WMT +1.90%  , Target Corp. TGT +1.19%  , J.C. Penney Co. JCP +0.23%  , and Macy’s Inc.M +1.76%  will see if they can hold onto their strong stock gains from the past week. 
Wallace Witkowski is a MarketWatch news editor in San Francisco. Follow him on Twitter @wmwitkowski.