Pompano Beach, FL, January 24, 2013 -- Autodesk, Inc. (NASDAQ: ADSK) shares climbed 2.60% to $37.81 in the early hour. For the second year in a row, Autodesk has been named one of the best places to work in the U.S. FORTUNE released its list of the "100 Best Companies to Work For". Autodesk is proud to be recognized again as one of FORTUNE's Best Places to Work because the award is based largely upon employee feedback.
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Baidu.com, Inc. (ADR) (NASDAQ: BIDU) shares gained 0.96% to $109.34 in the morning hour. The company announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2012, after the U.S. market closes on February 4, 2013. Baidu's management will hold an earnings conference call at 8:00 PM on February 4, 2013, U.S. Eastern Time (9:00 AM on February 5, 2013, Beijing/Hong Kong Time).
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CVR Energy, Inc. (NYSE: CVI) stock jumped 5.37% to $54.15 after the company yesterday announced that its subsidiaries, Coffeyville Resources, LLC ("CRLLC") and Coffeyville Finance Inc., have issued a redemption notice for the redemption in cash of all of their $222,750,000 outstanding 10 7/8% Second Lien Senior Secured Notes due 2017. On February 22, 2013, the Issuers will redeem all Notes then outstanding at a redemption price of 100% of the principal amount thereof, plus an applicable premium, plus accrued and unpaid interest to, but not including, the Redemption Date.
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Fusion-IO, Inc. (NYSE: FIO) shares declined 1.72% to $21.14. FIO’s stock was upgraded by equities researchers at JPMorgan Chase from a “neutral” rating to an “overweight” rating in a report issued on Jan. 14. The firm currently has a $30.00 target price on the stock, up from their previous target price of $28.50.
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News Corp (NASDAQ: NWS) stock fell 0.07% to $27.97. The company last week said it will raise its stake in Sky Deutschland to a majority share, as the German pay television channel hopes to swing into operating profit this year for the first time since 2005. The Munich-based company said News Corp would give it €347.4m in return for new Sky Deutschland shares, raising its stake to 54.5 per cent, from 49.9 per cent five years after the US group first took a stake in the long-struggling venture.
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