(Updated with stock prices.)
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reversed earlier slides to close up for the day, but the
was stilll down. Oil continued lower as well, slipping to below $61. Here are some of the stocks in the news today:
revealed plans to develop its
, putting it in direct competition with
. Google closed up $5.86, or 1.5%, at $402.49 on Wednesday, while Microsoft added 3 cents to $22.56.
Also late on Tuesday,
Discover Financial Services
, in an effort to raise money to
repay TARP assistance it received
, offered 54 million common shares at $9.25 each. After trading up earlier today, the stock closed down 25 cents, or 2.7%, at $9.12.
, Susquehanna upgraded
to positive with a $100 price target, Credit Suisse upgraded
to outperform, ThinkEquity upgraded
to buy, and Morgan Keegan initiated coverage of
with an outperform rating.
Amazon added $1.73, or 2.3%, to $77.36 on Wednesday; DryShips closed up 30 cents, or 6.1%, at $5.20; First Solar gained $4.84, or 3.3%, to $149.58; and Qualcomm slipped 13 cents, or 0.3%, to $43.55.
headlines were a
decision to abandon his plan to build the world's biggest wind farm in favor of multiple smaller projects; and
With this in mind, we thought we'd take a look at some of the stocks in today's news and see what Jim Cramer's had to say about them.
To read more,