Skip to main content

Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have been upgraded by analysts or are experiencing activist situations or some other market moving events.

Rumors of the Day

: Wireless technology provider


(IDCC) - Get Free Report

licensing deal with


(AAPL) - Get Free Report

could indicate a 3G iPhone is coming, according to

. In a

filing with the

Securities and Exchange Commission

, InterDigital said it "granted a license to Apple under InterDigital's patent portfolio covering the current iPhone and certain future mobile phones, if any." InterDigital shares soared $2.99, or 14.1%, to $24.20, while Apple dropped $3.60 to $131.89.

Meridian Gold

( MDG) said Friday morning that discussions with third parties did not result in an agreement to sell the company. "This in no way changes the board's view that holding Meridian Gold shares is a superior value proposition to

Yamana Gold's

(AUY) - Get Free Report

inadequate offer," the company said in a statement. Meridian fell $2.35 to $29.29 and Yamana Gold lost 61 cents at $11.81.

Today's Hot List




reported third-quarter adjusted EPS of 42 cents, 2 cents better than estimates. Revenues came in at $232 million, vs. the consensus of $226.8 million. The company now sees fourth-quarter revenue of between $231 million and $233 million and EPS of between 41 cents to 42 cents, vs. the consensus of $235.3 million and 41 cents. They predict full-year EPS of between $1.59 to $1.60 a share, vs. the consensus of $1.56 a share. VeriFone jumped $2.05 at $39.04.

WCI Communities

( WCI) has ended its quest to find a buyer and elected activist investor Carl Ichan as chairman. The company said, however, it would continue to explore alternatives to strengthen its balance sheet. "Despite the rough road ahead, I believe in the long-term value of the company and view the WCI platform as a unique vehicle to take advantage of the current market disarray," Ichan said in a statement. WCI is down 47 cents to $8.19.

Analyst Downgrades

: Suntrust Robinson Humphrey downgraded


(KFRC) - Get Free Report

to neutral from buy. The firm said earnings could fall below consensus estimates, as the finance and accounting staffing markets should slow down. The stock plunged $1.75, or 11.9%, to $13.02.

Analyst Upgrades

: Goldman Sachs upgraded


(AER) - Get Free Report

to buy from neutral, due to better growth opportunities and more reliable earnings than its peers. Goldman also sees superior returns driven by larger scale. On that note, the firm raised its price target to $33. Shares dropped 14 cents at $25.50.

Latest Activist Situations

: In an amended regulatory filing Wednesday, William Ackman's Pershing Square Capital disclosed a 250,000 share stake in property and casualty reinsurance company

Greenlight Capital Re Ltd.

(GLRE) - Get Free Report

, a recent IPO. Greenlight Capital Re Ltd. is led by David Einhorn, a successful hedge fund manager who founded $3 billion hedge fund Greenlight Capital LLC. Einhorn will manage the investments of Greenlight Capital Re Ltd. Einhorn has posted an annual percentage gain of 29% over the last 10 years for his Greenlight Capital hedge fund, so the company's investments appear to be in good hands. Greenlight Capital Re Ltd. shares slipped 48 cents at $20.18.

Stockpickr is a wholly owned subsidiary of