MARKET PULSE- RIM, Kit Digital, MAP Pharmaceuticals, General Motors

Fri Nov 23, 2012 9:54am EST
 
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Nov 23 (Reuters) - Some U.S. stocks on the move on Friday:

(For more market insights, including options activity, click on STXNEWS/US; for the day ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

US STOCKS-WALL STREET UP ON GREECE HOPES, RETAIL IN FOCUS

U.S. stocks opened higher on Friday on signs of progress in talks about releasing aid to Greece, and with the U.S. retail sector in focus as the holiday shopping season begins. The Dow Jones industrial average was up 0.49 percent, the S&P 500 was up 0.46 percent and the Nasdaq Composite was up 0.61 percent.

** RESEARCH IN MOTION LTD, $11.40, up 11 pct (0940 ET)

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.   Continued...