Standard & Poor’s announced today that based on the May 11, 2010 update to the domicile criteria for inclusion in the S&P U.S. index family, S&P 500 constituent, XL Capital (NYSE:XL), will not be removed from the Index at this time. For index purposes, XL Capital currently meets the domicile criteria for a U.S company.
Shares of XL Capital are up more than 9.4% on the news.
Ruby Tuesday (NYSE:RT) shares were upgraded today by Credit Suisse (CS) to outperform from neutral and the first raised their price target.
Ruby Tuesday shares are higher by 9.75%.
China Digital TV Holding (NYSE:STV) posted net revenues in the first quarter of $14.0 million, above the high-end of the company's guidance. Diluted earnings per American depositary share were $0.10.
The company expects smart card shipments for the second quarter of 2010 to be in the range of 2.67 million to 2.87 million. Net revenues for the second quarter are expected to be in the range of $14.0 million to $14.9 million, compared to $14.6 million in the second quarter of 2009.
Shares of China Digital TV are up about 11.5%.
Metabolix (MBLX) and Archer Daniels Midland Company (NYSE:ADM) today announced that Telles received U.S. Food and Drug Administration clearance for the formulated products Mirel F1005 and F1006, food contact injection molding grades for use in food contact applications.
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