financial news

The company will drop its $10, 1,000-message plan, but it will keep its unlimited messaging plan for $20.

They also have an unlimited plan for families of up to five lines for $30 per month.

AT&T (NYSE:T) has a potential upside of 11.7% based on a current price of $29.17 and an average consensus analyst price target of $32.58.

AT&T (NYSE:T) is trimming its individual messaging packages on August 21.

The company sees 2012 EPS of $5.00 to $5.15, ex-items, vs. consensus estimates of $5.12 per share.

Richard Smucker, Chief Executive Officer of the company commented, "We delivered strong sales and earnings growth this quarter, with net price realization across most categories and contributions from the recently acquired Rowland

J.M. Smucker (NYSE:SJM) reported Q1 EPS of $1.12, ex-items, ahead of consensus estimates of $1.08 per share. Revenues for the quarter rose 13.6% year-over-year to $1.19 billion, missing consensus estimates of $1.25 billion.

In addition to mobile apps, LinkedIn has recently changed up their groups product and added LinkedIn Today, a social news service for professionals to keep track of business-related topics.

Forbes reported that, LinkedIn (NYSE:LNKD) premiered a new look for their mobile app for iPhone, Android and HTML5.

Motorola Mobility Holdings is currently above its 50-day moving average (MA) of $23.35 and above its 200-day of $26.13.

In the last five trading sessions, the 50-day MA has climbed 1.18% while the 200-day MA has risen 0.28%.

UBS downgraded Motorola Mobility (NYSE:MMI) to neutral from buy and raised its price target to $40 from $31.

The transaction anticipated to close in late 2011, subject to standard closing conditions and regulatory approvals.

The 51 sites, all of which are in the greater Dallas/Fort Worth area, include two unused parcels of land.

7-Eleven announced that it has agreed to acquire ExxonMobil's (NYSE:XOM) retail interests in 51 North Texas sites.

HTC said in a statement, "This is the third case before the ITC which Apple is infringing our intellectual property.

HTC confirmed that it took legal action against Apple (NASDAQ:AAPL), filing a complaint with the United States International Trade Commission and the U.S. District Court of Delaware for patent infringement by Apple's Mac computer

Based in Princeton, New Jersey NRG announced Tuesday that acquiring Energy Plus Holdings LLC would give the company an opportunity to widen its retail business in the Northeast.

The deal requires regulatory approvals from the Justice Department and the Federal Energy Regulatory Commission.

NRG Energy Inc. (NYSE:NRG) plans to purchase a Philadelphia retail electricity and natural-gas provider for $190 million in cash.

Global Solutions will use the company's PlantPax process automation system to help Grizzly produce more than 5,000 barrels of oil per day at the first phase of its Algar Lake Project.

The solution supports steam-assisted gravity drainage, an enhanced oil recovery technology for producing heavy crude oil and bitumen.

Rockwell Automation is currently below its 50-day moving average (MA) of $77.93 and below its 200-day MA of $79.74.

Grizzly Oil Sands, and independent oil sands company, has awarded a $4 million order to Rockwell (NYSE:ROK) and its Global Solutions team.

With 23 employees and sales of $8 million, Weldco is an independent distributor of industrial and specialty gases and ancillary welding equipment, supplies, and services.

John Panikar, president of Praxair Distribution, Inc.

Praxair Distribution, a subsidiary of Praxair (NYSE:PX), has acquired assets of Weldco, a market leader in Cincinnati, Ohio, which is one of the top 20 welding markets in the U.S.

The company sees Q3 EPS of $0.24 to $0.26, vs. consensus estimates of $0.28 per share. For 2012, Dick's Sporting Goods sees EPS of $1.94 to $1.96, ex-items, up from $1.91 to $1.93 per share, vs. consensus estimates of $1.95 per sh

Edward W.

Dick's Sporting Goods (NYSE:DKS) reported Q2 EPS of $0.52, ex-items, ahead of consensus estimates of $0.50 per share. Revenues for the quarter rose 6.6% year-over-year to $1.31 billion, missing consensus estimates of $1.32 billion