StreetInsider.com Morning Movers First Solar, Inc. (Nasdaq: FSLR) 19% HIGHER; reports Q3 EPS of $1.20, versus the analyst estimate of $1.01. Revenue for the quarter was $348.7 million, versus the consensus of $339.29 million. Sees FY08 sales of $1.22-$1.24 billion, versus the Street estimate of $1.21 billion. Sees FY09 sales of $2-$2.1 billion, ver...

StreetInsider.com After-Hours Movers Elan Corp. plc (NYSE: ELN) 28% LOWER; On October 29, 2008, relevant regulatory agencies were notified of a confirmed case of progressive multifocal leukoencephalopathy (PML) in a multiple sclerosis (MS) patient treated with TYSABRI in the commercial setting in the United States. Additional information about this...

The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Economics: 8:30am ET Chain Deflator for Q3 - Street expects 4%, compared to 1.1% in Q2 GDP for Q3 - Street expects down 0.5%, compared to up 2.8% in Q2 Initial Jobless Claims for the week of 10/25 - Street expects 473K...

Las Vegas Sands (NYSE: LVS) 75% HIGHER; after opening today’s trading session only about 6% higher, the stock continues to surge moving into the afternoon trading session. With shares of Las Vegas Sands down 88% since the beginning of October, it seems safe to bet that today’s move is the result of a massive short squeeze. Stocks in the...

UPGRADES: UBS upgrades Biogen Idec (Nasdaq: BIIB) from Sell to Neutral. UBS upgrades Meritage Homes (NYSE: MTH) from Sell to Buy. Price target $13. Citi upgrades Southern Copper Company (NYSE: PCU) from Sell to Buy. Price target $20. For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades DOWNGRADES: J.P. Morgan downgrades Johnson...

PepsiCo (NYSE: PEP) announced today an agreement to acquire Spitz International Inc., the leading maker of sunflower and pumpkin seeds in Canada. Terms of the deal were not disclosed. Spitz is the leading Canadian brand of sunflower and pumpkin seeds and has strong growth potential across North America. The acquisition will support Frito-Lay’...

StreetInsider.com Morning MoversTessera Technologies, Inc. (NASDAQ: TSRA) 25% HIGHER; announced that the arbitration panel in Tessera, Inc.’s contractual dispute with Amkor Technology, Inc. has issued a confidential interim award with all three members of the panel unanimously finding, among other things, that the asserted Tessera patents are...

London equities continued to rise on a growing belief that the Bank of England would follow the US Federal Reserve and cut interest rates ...

European shares rallied for a third consecutive session on Thursday morning, lifted by an interest rate cut in the US and the hope that other central banks will follow suit ...

In today’s Financial Times, a sign of the times: Investors put trust in people at NYSE. Excerpt: The explosive growth of electronic trading has meant an ever-shrinking role for the NYSE’s group of so-called specialists who match buyers with sellers in certain stocks. Brokers who facilitate the trading process have also been marginalise...