Nov 23 (Reuters) - Some U.S. stocks to watch on Friday:
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U.S. stock index futures pointed to a flat to higher open on Friday, with futures for the S&P 500 staying flat, the Dow Jones futures up 0.3 percent and the Nasdaq 100 futures rising 0.3 percent.
** 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
The video technology provider on Wednesday said it is considering strategic alternatives, including a sale, and will restate its results since 2009 due to errors and irregularities in its financial statements.
Former Chief Executive Kaleil Tuzman offered to buy the company at $3.75 per share on Friday.
** 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.
** FACEBOOK INC, Wednesday close $24.32, down 0.2 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.
** PFIZER INC, Wednesday close $24.35
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.
** JPMORGAN CHASE & CO, Wednesday close $40.73
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. (Compiled by Avik Das in Bangalore)