Labopharm Inc. (Nasdaq: DDSS) 41.5% HIGHER; announced that RYZOLT, its once-daily formulation of the analgesic tramadol, has been approved by the FDA. RYZOLT is indicated for the management of moderate to moderately severe chronic pain in adults who require around-the-clock treatment of their pain for an extended period of time. Gilat Satellite Net...

StreetInsider.com Morning Movers: Akorn, Inc. (NASDAQ: AKRX) 44% HIGHER; Akorn-Strides, LLC announced that the FDA has granted approvals for two Abbreviated New Drug Applications for Sterile Vancomycin HCl USP, 500 mg/vial, 1 g/vial and Sterile Vancomycin HCl USP, 5 g/vial Pharmacy Bulk Package. Akorn-Strides, LLC is a Joint Venture that was formed...

UPGRADES: Soleil Securities upgrades ActivIdentity (Nasdaq: ACTI) from Hold to Buy. Price target increased from $2.50 to $3.25. Merrill Lynch upgrades Photronics (Nasdaq: PLAB) from Underperform to Buy, citing cost cuts, an amended credit agreement and potential for growth. For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades DO...

Research In Motion Limited (NASDAQ: RIMM) announced that a wholly-owned subsidiary of RIM will be extending the expiry date of its offer to acquire all of the outstanding common shares of Certicom Corp. for CDN $1.50 in cash per share from January 15, 2009 to 5:00 p.m. on January 27, 2009. All other terms and conditions of the offer remain unchang...

Brookdale Senior Living Inc. (NYSE: BKD) 3.5% LOWER; announced today that its Board of Directors has voted to suspend the Company’s quarterly cash dividend indefinitely. BlackRock (NYSE: BLK) 3.2% HIGHER; will act as a manager under the Federal Reserves program to purchase $500 billion in mortgage-backed securities. The program is expected to...

The worst annual performance for US stocks since the Great Depression ended with a modest rally on the final day of trading as the Federal Reserve pushed ahead with its plan to buy mortgage-backed securities ...

London’s FTSE 100 extended its winning run to three-consecutive days as investors prepared to settle their books for 2008 and reflect on a year of pain when the benchmark index had its worst annual fall in its 23-year history ...

Stocks in Europe had their worst annual falls in more than 20 years in 2008, while in Asia some markets ended the year on Tuesday by notching up their worst performance since records began ...

London’s leading stocks endured their worst annual falls in at least 24 years, while in Europe and Asia, some markets ended the year by notching up their worst performances since records began ...

Shanghai, which was the world’s best performing stock market in 2007, dropped 0.7 per cent to end at 1,820.8 – a loss of 65.4 per cent since last year in what has been an awful 12 months for Asian markets ...