StreetInsider.com Morning Movers: Tessera Technologies, Inc. (NASDAQ: TSRA) 45% LOWER; announced today the Administrative Law Judge overseeing the International Trade Commission action brought by Tessera against certain wireless manufacturers, Investigation No. 337-TA-605 (Wireless ITC action), issued an Initial Determination finding Tessera’s as...

StreetInsider.com Morning Movers: Tessera Technologies, Inc. (NASDAQ: TSRA) 45% LOWER; announced today the Administrative Law Judge overseeing the International Trade Commission action brought by Tessera against certain wireless manufacturers, Investigation No. 337-TA-605 (Wireless ITC action), issued an Initial Determination finding Tessera’s as...

StreetInsider.com After-Hours Movers: Palm, Inc. (NASDAQ: PALM) 17% LOWER; expects to record revenues for Q2 fiscal year 2009 in the range of $190 million to $195 million, well below the consensus of $330.8 million. Mosaic Company (NYSE: MOS) 9% LOWER; said due to soft market conditions, phosphate sales volumes for the second quarter were approxima...

StreetInsider.com After-Hours Movers: Palm, Inc. (NASDAQ: PALM) 17% LOWER; expects to record revenues for Q2 fiscal year 2009 in the range of $190 million to $195 million, well below the consensus of $330.8 million. Mosaic Company (NYSE: MOS) 9% LOWER; said due to soft market conditions, phosphate sales volumes for the second quarter were approxima...

The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Earnings: America’s Car Mart (Nasdaq: CRMT) - consensus EPS $0.35, revs $73.40M Beazer Homes USA (NYSE: BZH) - consensus loss $2.10, revs $593.40M Sears Holdings (Nasdaq: SHLD) - consensus loss $0.49, revs $10.93B In...

The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Earnings: America’s Car Mart (Nasdaq: CRMT) - consensus EPS $0.35, revs $73.40M Beazer Homes USA (NYSE: BZH) - consensus loss $2.10, revs $593.40M Sears Holdings (Nasdaq: SHLD) - consensus loss $0.49, revs $10.93B In...

Mentor Corp. (NYSE: MNT) 89.4% HIGHER; Johnson & Johnson (NYSE: JNJ) and Mentor Corporation announced a definitive agreement whereby Mentor will be acquired for approximately $1.07 billion in a cash tender offer. Under the terms of the agreement, Johnson & Johnson will commence a tender offer to purchase all outstanding shares of Mentor at ...

Mentor Corp. (NYSE: MNT) 89.4% HIGHER; Johnson & Johnson (NYSE: JNJ) and Mentor Corporation announced a definitive agreement whereby Mentor will be acquired for approximately $1.07 billion in a cash tender offer. Under the terms of the agreement, Johnson & Johnson will commence a tender offer to purchase all outstanding shares of Mentor at ...

UPGRADES: Citi upgrades Prudential Financial (NYSE: PRU) from Hold to Buy. Price target slashed from $80 to $30. Credit Suisse upgrades Toll Bros. (NYSE: TOL) from Underperform to Neutral. Merrill Lynch upgrades Diamond Offshore (NYSE: DO) from Neutral to Buy. Merrill Lynch upgrades WellPoint (NYSE: WLP) from Neutral to Buy. For daily real-time Upg...

UPGRADES: Citi upgrades Prudential Financial (NYSE: PRU) from Hold to Buy. Price target slashed from $80 to $30. Credit Suisse upgrades Toll Bros. (NYSE: TOL) from Underperform to Neutral. Merrill Lynch upgrades Diamond Offshore (NYSE: DO) from Neutral to Buy. Merrill Lynch upgrades WellPoint (NYSE: WLP) from Neutral to Buy. For daily real-time Upg...