investors

The firm made the move based on strength in the smartphone market, increased Blackberry volumes, and its Playbook opportunity.

Shares of Research in Motion (RIMM) are down in pre-market trading as the company is reportedly upgraded to Equal Weight from Underweight at Morgan Stanley.

The firm made the move citing positive reviews for the company's new Excel V product.

The firm has a $12 price target on company shares. That is up from $8."

"Shares of Cutera (CUTR) are higher in pre-market trading as the company is reportedly upgraded to Overweight from Underweight at Piper Jaffray.

The company said it sees full year FFO of $6.45-$6.60, vs. consensus estimates of $6.57.

Chairman and CEO David Simon said, "We delivered impressive results in an improving, but still challenging environment. Funds from operations as adjusted per share were $1.80 for the quarter, an increase of 8.4% over the same peri

Simon Property Group (NYSE:SPG) reported Q4 FFO of $1.78 per share, topping consensus estimates of $1.74. Revenue totaled $1.12 billion, better than the $1.05 billion Street estimate.

TECO Energy President and Chief Executive Officer John Ramil said, ""We are pleased with the strong results at our operating companies, which all contributed to our significant earnings growth in 2010. We have also seen some signs

"TECO Energy (NASDAQ:TECO) reported Q4 diluted EPS of $0.26, ahead of consensus estimates of $0.25 per share. Revenues for the quarter rose 1.3% year-over-year to $775.0 million, missing consensus estimates of $850.5 million.

Fortune Brands (NYSE:FO) reported Q4 EPS of $0.63, ex-items, ahead of consensus estimates of $0.58 per share.

Wells is responding to US limitations on bank risk taking. The bank will withdraw $150 million every quarter until the first half of 2014, the report said.

Wells Fargo shares are up 0.24%, or $0.08, to $32.80.

Wells Fargo & Co. (WFC) is just higher after Bloomberg reports the bank is planning to withdraw money from its hedge-fund firm, Overland Advisors, which is seeking new investors.

Pericom Semiconductor share prices have moved between a 52-week high of $12.53 and a 52-week low of $7.90 and are now trading 36% above that low price at $10.76 per share.

"Today, shares of Pericom Semiconductor (NASDAQ:PSEM) have advanced above their 10-day MA of $10.33 on a volume of 138K shares. This may provide short-term investors a chance for a long position as such a crossover often suggests

In the past 52 weeks, shares of Flotek Industries have traded between a low of $1.01 and a high of $7.42 and are now at $6.16, which is 510% above that low price.

"Today, shares of Flotek Industries (NYSE:FTK) have fallen below their 10-day MA of $6.46 on a volume of 2 million shares. This may provide short-term investors a chance for a short position as such a crossover often suggests lowe

The offering is expected to close on or before February 2.

Adeona Pharmaceuticals (AEN) says it will sell approximately 2.85 million shares of its common stock at $1.40 each to two new institutional investors in a registered direct offering for $4 million in gross proceeds. The investors