Nov 23 (Reuters) - Some U.S. stocks to watch on Friday:
U.S. stock index futures gained modestly with the retail sector in focus as the holiday shopping season begins. S&P 500 futures rose 2.30 points, Dow Jones industrial average futures were up 10 points and the Nasdaq 100 futures were up 8.50 points.
** RESEARCH IN MOTION LTD, Wednesday close $10.26, up 13 pct premarket
National Bank analyst Kris Thompson, rated five stars by Thomson Reuters StarMine for the accuracy of his earnings estimates on RIM, raised his price target on the BlackBerry-maker’s shares to $15 as he believes there is more money to be made in the stock ahead of the early 2013 launch of the make-or-break BlackBerry 10 devices.
** KIT DIGITAL INC, Wednesday close $2.07, down 60 percent premarket
Former chief executive Kaleil Isaza Tuzman, who left the company earlier this year, said he would be willing to lead a private equity-backed buyout of the video technology provider, two days after the company reported accounting irregularities.
** FACEBOOK INC, Wednesday close $24.32, up 1.2 pct premarket
The world’s largest social network company is proposing to combine user data with that of recently acquired photo-sharing service Instagram, and will loosen restrictions on emails between members of the social network.
** JPMORGAN CHASE & CO, Wednesday close $40.73, up 0.2 pct premarket
A federal regulator’s order penalizing the bank’s energy trading arm will not affect the unit’s business activity in the Texas wholesale power market, state and federal agencies said on Wednesday.
** PFIZER INC, Wednesday close $24.35, up 0.1 pct premarket
The pharmaceutical company cut the Canadian price of its Viagra erectile dysfunction drug after the Supreme Court of Canada opened the door to sales of generic versions of the drug, the company said on Thursday.
** GENERAL MOTORS, Wednesday close $24.60,
The auto maker’s financing arm GM Financial has agreed to pay about $4.2 billion for the European and Latin American auto lending operations of Ally Financial, as it looks to extend its in-house financing to boost sales. (Compiled by Avik Das in Bangalore)