Monday's Winners & Losers: Research In Motion

BlackBerry maker Research In Motion(RIMM Quote) was up $8.00, or 6%, to $140.96 after two Wall Street analysts, Citigroup's Jim Suva and American Technology Research's Rob Sanderson, issued upbeat research reports ahead of the company's quarterly earnings report on June 25. Both analysts expect RIM to beat analysts' expectations for the quarter and guide higher.

Acadia Pharmaceuticals (ACAD Quote) shares tanked Monday after the company said a midstage trial for schizophrenia drug ACP-104 didn't meet its primary or secondary endpoints.

Shares were down $3.67, or 43%, at $4.82.

Landry's Restaurants (LNY Quote) soared 17.4% to $19.71. The Houston-based operator of Rainforest Café and other franchises announced it had agreed to a buyout by its CEO, Tilman Fertitta, for $21 a share.

Semiconductor equipment maker Applied Materials(AMAT Quote) gained 71 cents, or 3.5%, to $20.80 after the company said it is still interested in buying some business of Dutch company ASM International(ASMI Quote) despite the latter's recent rejection of the offer. Applied Materials had bid between $400 million and $500 million in cash for two of ASM's businesses. ASM's shares were up $2.50, or 9.2%, to $29.61.

Elsewhere, Alkermes' (ALKS Quote) shares were up 71 cents, or 6%, at $12.61 after the company announced that based on a payment by Eli Lilly, it's expanding its common stock repurchase program (previously authorized for $175 million) by $40 million and raising its 2009 fiscal year guidance.

The company now expects to earn between $10 million and $15 million, or 11 cents to 16 cents a share, vs. prior estimations of a loss of between $10 million and $15 million, or a loss of 11 cents to 16 cents a share. The company said to expect total revenue of $200 million to $225 million, vs. prior estimates of $175 million to $200 million.

Shares of Cayman Islands' fresh fruit producer Fresh Del Monte (FDP Quote) dwindled 15.1% to $27.07. Rival Chiquita forecast a "significant" third-quarter loss and announced that banana volumes have slumped in April and May.