This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Stocks in Motion: Napster

Updated from noon EDT

Napster (NAPS) rose 2% after the digital music outfit rolled out a partnership with telecom supplier Ericsson (ERICY). The companies plan what they called "the first complete, fully integrated digital music service available for mobile operators." The service is due to start in Europe over the next 12 months and will initially be offered to operators in select markets in Europe, Asia, Latin America and North America. The deal comes just a day after Sprint (FON) and Sirius (SIRI) arranged a mobile music partnership of their own. On Wednesday, Napster rose a dime to $4.43.

Some gambling-equipment stocks surged Wednesday after Shuffle Master (SHFL), International Game (IGT) and Progressive Gaming (PGIC) set a product-integration pact. Terms weren't disclosed, but the deal calls for Shuffle Master to provide automatic card shufflers, while IGT will offer back-end table gaming management systems and Progressive will bring RFID bet recognition to the table. Progressive soared 9%, rising $1.28 to $15.75, while Shuffle Master rose $1.27 to $28.05 and IGT added 43 cents to $29.42.

Sysco (SYY) fell 2% after the food-service giant said Tom Lankford would step down as president and operating chief. The Houston-based company said CEO Richard Schneiders would take over Lankford's roles, effective July 2. Lankford, 57, has worked for the company for 41 years, including more than two in his current job. Sysco fell 89 cents to $36.90.

Golden West (GDW) rose 4% after the California-based thrift posted May assets of $115.5 billion, up from $114.2 billion in April and $90.3 billion a year earlier. The company, which runs 281 savings branches in 10 states and lending operations in 38 states, saw its shares rise $2.25 to $63.79.

Cosi (COSI) rose 12% Wednesday after the sandwich chain sold 5.1 million shares at $6.30 apiece in an offering through SG Cowen and RBC Capital Markets. The Deerfield, Ill., company said last month in a regulatory filing that it would use the proceeds in part to develop company-owned restaurants. Cosi rose 75 cents to $7.14.

New York Stock Exchange volume leaders Wednesday included Lucent (LU), down 4 cents to $2.87; Wal-Mart (WMT), up 17 cents to $49.85; Time Warner (TWX), flat at $16.79; Pfizer (PFE), up 4 cents to $28.43; and Calpine (CPN), up a dime to $3.45.

Nasdaq volume leaders included Intel (INTC), up 24 cents to $26.94; Oracle (ORCL), up 14 cents to $12.62; Microsoft, down 10 cents to $25.26; Cisco (CSCO), up 14 cents to $19.32; and Apple (AAPL), up $1.13 to $37.13.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs