IBT Staff Reporter

Shares of audio and video software firm DivX Inc. (Nasdaq: DIVX) rose on Tuesday after the company raised its revenue outlook for the first quarter of 2007.

Shares of software maker Autodesk (Nasdaq: ADSK) rallied Tuesday as Goldman Sachs upgraded the firm from a neutral rating to a buy.

Semiconductor company Conexant Systems Inc. (Nasdaq: CNXT) said on Monday that its second-quarter revenue fell 18.5 percent from the previous quarter, sending shares tumbling.

Shares of Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) rose to an all time high on Monday as higher volumes and margins in its metals recycling business, sent second-quarter profits up nearly 33 percent.

Shares of drug maker Memory Pharmaceuticals Corp. (NASDAQ: MEMY), skyrocketed on Monday, after the company announced it had has completed enrollment for Phase IIa trials of its Alzheimer’s treatment on Thursday. The market was closed on Friday.

Shares of NetLogic Microsystems (NASDAQ: NETL)rallied Monday as the semiconductor company raised its first quarter revenue outlook and said that its chief financial officer will be stepping down.

Shares of Vonage Holdings. Corp. (NYSE: VG) tumbled more than 10 percent in morning trading after a judge granted the firm an emergency stay on a ban from signing up new customers.

Wal-Mart Stores Inc. (NYSE: WMT) created two new senior posts for its U.S. stores on Friday, naming a new chief operating officer and a new head of human resources.

Drugstore chain Rite Aid Corp. (NYSE: RAD) and Longs Drug Stores Corp. (NYSE: LDG) said on Friday that they had signed an agreement to exchange six Longs Drug Stores in Washington, Oregon, and Northern California, for six Rite Aid stores in Nevada.

Drugstore chain Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) named a new vice-president of purchasing on Friday, replacing its previous officer who left the company.

As part of its Eastern Europe expansion strategy, FedEx Corp. (NYSE: FDX) said Thursday that it has signed an agreement to acquire Flying-Cargo Hungary Kft., its Hungarian global service participant.

A federal judge has barred Internet phone company Vonage Holdings Corp. (NYSE: VON) from signing up new customers as it appeals a ruling that it infringed upon Verizon Communications, Inc. (NYSE: VZ) patents.

Agilent Technologies Inc. (NYSE: A) said on Friday that it has signed an agreement to acquire Stratagene Corp. (NASDAQ: STGN), a manufacturer of specialized life science research and diagnostic products.

Aerospace and defense company Lockheed Martin (NYSE: LMT) announced on Friday that it delivered the first of four mine-hunting vehicles to the U.S. Navy as part of a $118 million contract.

Shares of laser skin treatment company Cutera Inc. (NASDAQ: CUTR) fell sharply on Thursday, after the firm lowered its earnings and revenue estimates for its first fiscal quarter.

Epoch Holding Corp.(NADAQ: EPHC) said on Thursday that that its assets under management in its investment arm increased 22 percent during the first three months of 2007.

Pharmaceutical and biotechnology company Encorium Group, Inc. (Nasdaq: ENCO) said on Thursday that it received a number of new contracts, with an aggregate value of $4.7 billion.

Atari Inc. (Nasdaq: ATAR) announced today that its Chief Creative Officer, and acting Chief Financial Officer, will resign, effective immediately.

Seed company Monsanto Co., (NYSE: MON) posted a net income for its fiscal second quarter higher than analysts’ expectations on Wednesday on strong sales of corn seed as U.S. farmers begin to fill the anticipated need for corn-based ethanol fuel.

Shares of Best Buy Col., Inc. (NYSE: BBY) dropped on Wednesday, despite a quarterly report from the electronics retailer showing strong profit in the fourth quarter due to strong sales of flat panel TVs.

News Limited, the Australian arm of News Corporation, has completely acquired the newspaper, magazine and online assets of Federal Publishing Company (FPC) for an undisclosed amount on Monday.

Biotechnology firm Cell Genesys Inc. (Nasdaq: CEGE) shares rose sharply Tuesday, after the company said its prostate cancer drug therapy showed better-than-expected results in a clinical trial.

Semiconductor company Silicon Motion Corp. (Nasdaq: SIMO) announced that it hired a new Chief Financial Officer on Tuesday.

Shares of 24/7 Real Media Inc. (NASDAQ: TFSM) rallied on Tuesday as Pacific Growth Equities initiated coverage of the firm.

Music download service Napster (NASDAQ: NAPS) said Tuesday that it expects to report quarterly results that are ahead of its prior guidance.

Shares of information technology services company Computer Sciences Corp. (NYSE: CSC) rallied in morning trading Monday after the firm said it had signed $1.28 billion in previously unannounced federal contracts.

Shares of online auctioneer Ebay Inc. (Nasdaq: EBAY) rose over 3 percent in Tuesday trading after a Wall Street analyst boosted the company’s revenue and earnings outlook for the firm’s first quarter.

Starwood Hotels & Resorts (NYSE: HOT) unexpectedly ousted its CEO on Monday, sending shares higher.

Shares of drug maker Cephalon (NASDAQ: Cephalon) jumped in Monday trading as a Wall Street Brokerage Firm raised the rating of the stock on Monday despite a delay in approval for a new drug.