Author: FX_Trdr

Research in Motion (RIMM) had its numbers increased by Jefferies (JEF) as smartphone volumes have been maturing. A hold rating was issued with a $13 price target.

Tesoro (TSO) was upgraded by Credit Suisse (CS) to outperform from neutral with a price target of $60, as the BP Carson deal should add to earnings and valuation lacks that of its peers. Shares are higher by about 1.6 percent.

Lexmark (LXK) was downgraded by Deutsche Bank (DB) to sell with a price target of $18, as the stock price has risen by about 35% since August, and the firm sees little upside in the near term. Shares are lower by about 6.2 percent.

In trading on Thursday, music & electronics stores shares were relative leaders, up on the day by about 3.6%. Leading the group were shares of Best Buy (BBY), up about 17.8% and shares of Gamestop Holding (GME) up about 1.2% on the day.

European Union finance ministers agree to make the European Central Bank the chief supervisor for banks in the euro zone, a move designed to underpin the currency and its financial system. Ciara Sutton reports.

With the busiest mailing day of the Christmas season approaching, UPS has developed a special lab to make sure their packages can withstand all the bumps in the road.

Harvard Bioscience (HBIO), a global developer, manufacturer and marketer of a broad range of tools to advance life science research and regenerative medicine, announced that its wholly-owned subsidiary, Harvard Apparatus Regenerative Technology, Inc., filed a registration statement with the SEC for an initial public offering, or IPO, of Harvard Apparatus Regenerative Technology’s common stock. Following the IPO, Harvard Apparatus Regenerative Technology will own Harvard Bioscience’s regenerative medicine device business, which develops life-saving medical devices in the field of regenerative medicine, including devices to be used by physicians for growing organs outside the body for transplant.

FMC (FMC) had its estimates and price target increased by Keybanc (KEY) as the company should be able to consistently grow during the next few years. A $71 price target was issued with a buy rating.

General Mills Incorporated (GIS) maintained its quarterly dividend of 33 cents per share. The dividend is payable on February 1, 2013, to shareholders of record January 10, 2013.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.