MARKET PULSE- RIM, Kit Digital, MAP Pharma, Molycorp, General Motors
Nov 23 (Reuters) - Some U.S. stocks on the move on Friday:
US STOCKS-WALL STREET RISES ON GREECE DEAL HOPES, RETAILERS GAIN
Wall Street rose on Friday on signs of progress in talks about releasing aid to Greece and as investors bid up retail shares on hopes consumers will scoop up bargains on Black Friday, which heralds the start of the holiday shopping season. The Dow Jones industrial average was up 0.88 percent, the S&P 500 was up 0.89 percent and the Nasdaq Composite was up 1.04 percent.
** RESEARCH IN MOTION LTD, $11.57, up 13 pct (1045 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...