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  • Top Stocks to Know About Today || SPWRA | SWKS | RIMM | LTUM |

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    Friday Apr. 29, 2011, 08:11 am EST
    Stocks in Focus Friday -  SPWRA, SKWS, RIMM, LTUM
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    SPWRA - SunPower Corporation (NASDAQ:SPWRA)
    SunPower Corporation and TOTAL S.A. announced that the two companies have entered into a broad strategic relationship to shape the future of the solar industry. Total Group will launch a friendly tender offer through a wholly owned subsidiary for up to 60% of SunPower’s outstanding Class A Common shares and 60% of SunPower’s outstanding Class B Common shares at a price of $23.25/share for each class which is a 46% premium.

    SWKS- Skyworks Solutions, Inc. (NASDAQ:SWKS)
    Skyworks' net income rose 80 % to $50 million, or 26 cents per share, versus $27.7 million, or 15 cents per share, a year ago. Excluding items, the company would have earned 41 cents per share. Analysts expected 39 cents per share. For the current quarter, Skyworks expects better earnings than estimated by analysts.

    RIMM- Research In Motion Limited (USA) (NASDAQ:RIMM)
    Research In Motion Limited (USA) (NASDAQ:RIMM) slashed its earnings forecast for the fiscal first quarter to $1.30 to $1.37 a share, from $1.47 to $1.55 a share. RIM shares tumbled more than 10% in evening trading.

    LTUM- Lithium Corporation. (OTC:LTUM)
    Lithium Corp. (OTC:LTUM) has discovered lithium-enriched brines with results of up to 140mg/L. In addition to these strongly anomalous lithium values, boron is also enriched with values up to 2500 mg/L., and Potassium is also elevated, with results up to 7200 mg/L. Stock rallied 340% on Thursday with more potential for Friday.

    God Bless,
    Be Rich.

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