Lynx Capital Group

Shares of Imation Corp. plunged Tuesday after the maker of digital storage devices said it won't meet its previous guidance for fourth-quarter profit or sales because of ongoing economic turmoil.

Shares of casual dining chain O'Charley's Inc. jumped Tuesday after the company added a new board member as part of an agreement with investor Crescendo Partners.

Strength in the tech sector boosted stocks on Tuesday, overshadowing data showing slumping factory orders and dismal pending home sales.

Health care information technology stocks slid Tuesday after a Leerink Swann analyst said the electronic medical records portion of President-elect Barack Obama's economic stimulus package will not help the sector right away.

The New York Stock Exchange notified the Securities and Exchange Commission that it will delist some of Tribune Co.'s publicly traded debt following the newspaper publisher's Chapter 11 bankruptcy filing, according to an SEC document released Tuesday.

Investors shrugged off a bump in oil prices and pushed airline stocks higher Tuesday, as carriers offered some hints that a downturn in air travel could be less severe than had been feared.

Bally Technologies Inc. and WMS Industries Inc. are among the favorites in the gambling equipment supplier sector this year due to their ability to report 2008 profit and revenue increases despite challenging economic conditions, an analyst said Tuesday.

Shares of Evergreen Solar dropped on Tuesday following news that the company closed its Marlboro facility and will incur up to $30.4 million in related costs.

Talbots Inc shares jumped 24 percent on Tuesday, a day after the women's apparel retailer said it entered into agreements with three banks to secure a total $150 million in committed lines of credit.

Shares of Allied Capital Ltd. rose for a fifth straight day Tuesday after an analyst doubled his price target for the stock, a week after the company amended the terms of credit agreements.

Wall Street proceeded cautiously Tuesday, with stocks rising moderately following disappointing readings on pending home sales and factory orders.

Park Avenue property owners are feeling a little poorer. In what seemed like a New York-minute, prices of luxury homes in the area suddenly started to fall. One penthouse owner on Central Park West repeatedly slashed the asking price down to $9.9 million from an original $16.5 million -- and still no takers.

Shares of IntercontinentalExchange Inc. tumbled Tuesday as two analysts cut their ratings on the stock while a third slashed his earnings estimates as ICE reported a slowdown in energy contract commission volume.

Robert W. Baird & Co. analyst Christopher Raymond downgraded shares of Celgene Corp. Tuesday, saying sales of the key revenue driver Revlimid could fall short of expectations in 2009.

Shares of the telecommunications network equipment maker Ciena Corp. surged Tuesday after a Barclays Capital analyst upgraded the stock, expecting the company to outperform its lagging industry.

Wall Street had mixed reactions to Endo Pharmaceuticals Holdings Inc.'s $370 million buyout of Indevus Pharmaceuticals Inc., citing the positive benefit of additional products but some concern over regulatory risks.

Wall Street gave mixed reactions to Endo Pharmaceuticals Holdings Inc.'s $370 million buyout of Indevus Pharmaceuticals Inc., citing the positive benefit of additional products but some concern over regulatory risks.

Shares of LDK Solar Co. fell in premarket trading the morning after the maker of wafers for solar cells trimmed its fourth-quarter revenue estimate 23 percent, citing deferred shipments by customers due to the global recession.

Commercial aerospace companies will struggle this year but robust military deals should lift defense contractors' revenue and help offset higher pension expenses, an analyst said Tuesday.

Concern that chip maker Intersil Corp.'s first-quarter guidance could fall below expectations prompted a JPMorgan analyst to downgrade the company's stock Tuesday.