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Here is a recap of top news items from this week on Wall Street: 1. Shares of Intel (Nasdaq: INTC) fell more than 6 percent this week as the company lowered its fourth-quarter outlook amid hard disk drive supply shortages. Intel now sees sales of $13.4-$14 billion, down from prior guidance of $14.2-$15.2 billion. While Needham was the only firm to downgrade the stock, a number of analysts lowered estimates. Still, most analysts remain bullish on the stock. 2. Zynga (Nasdaq: ZNGA), the maker of Facebook's extremely popular FarmVille and CityVille social games, opened for public trading Friday. After pricing 100 million

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before The Market Opens Earnings: Northwest Pipe Co (Nasdaq: NWPX) - consensus EPS $0.44 Shiloh Industries, Inc. (Nasdaq: SHLO) - no Street consensus Intraday or Not Specified Economic 10:00am EST

• NAHB Housing Market Index - Street sees 19.0

After the Market Closes Earnings: Red Hat, Inc. (NYSE: RHT) - consensus EPS $0.19 Check out our Earnings Insider for news and updates on earnings as they happen!

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Charming Shoppes (Nasdaq: CHRS) high of $5.00. Charming evidently got a bid from Ascena Retail Group (Nasdaq: ASNA), though details were not disclosed.
• CryptoLogic Ltd. (Nasdaq: CRYP) high of $2.30. Issued an outline terms of a possible recommended all cash offer from Amaya for the acquisition of the entire issued and to be issued share capital of CryptoLogic at $2.50 in cash per common share.

52-Week Low:

• Research In Motion (Nasdaq: RIMM) low of

Gainers

• SPDR Gold Shares (NYSE: GLD) up 1.48 percent to $154.59. Is gold back? With February contracts dipping to around $1,560 recently, maybe not. But with complacency returning to the market, investors might still be bullish on the metal and looking to get back in as other equities flatten. Today, those February contracts are $14.2 better to $1,591.4 per ounce on the Comex.
• iShares FTSE China 25 Index Fund (NYSE: FXI) up 1.67 percent to $34.66. China socks making a move higher Friday on speculation that the government could lower banks' reserve-requirement ratios and ease

ISTA Pharmaceuticals Inc. (Nasdaq: ISTA) 74.6% HIGHER; Valeant Pharmaceuticals International, Inc. (NYSE: VRX) today announced that it had made a proposal to the Board of Directors of ISTA to acquire ISTA for $6.50 per share in cash. RSC Holdings, Inc. (NYSE: RRR) 55.5% HIGHER; United Rentals, Inc. (NYSE: URI) and RSC have entered into a definitive merger agreement under which United Rentals will acquire RSC in a cash-and-stock transaction valued at $18.00 per share. Morton's Restaurant Group, Inc. (NYSE: MRT) 32.6% HIGHER; Tilman J. Fertitta announced today that his wholly-owned company, Fertitta's Morton's Restaurants, Inc. and is wholly owned

The following is a list of notable articles to help get you through the lunch hour:

• Zynga (ZNGA) IPO Opens Higher -> Read this!
• RIM (RIMM) Catches Fury From Analysts; May Be Too Late for Turnaround -> Read this!
• Is Apple (AAPL) Past its Prime? -> Read this!
• IMAX (IMAX) Shares Up 4+% as MKM Issues New Buy Rating, $26 Price Target -> Read this!
• Deutsche Bank Defends Inhibitex (INHX) After Massive Sell-Off -> Read this!
• DA Davidson Upgrades Quiksilver (ZQK) to Buy While Noting Strong Top-Line Growth Potential ->

UPGRADES Dahlman Rose upgrades Basic Energy Services (NYSE: BAS) from Hold to Buy with a price target of $25. Click Here for more color. Discover Financial (NYSEL DFS) raised at two firms Friday:

• Guggenheim from Neutral to Buy, price target raised $1 to $27; and
• Stifel Nicolaus from Hold to Buy with a new price target of $29.

Wells Fargo lifts AK Steel (NYSE: AKS) to Outperform, maintaining its price target of $8. JPMorgan lifts Thompson Creek Metals (NYSE: TC) from Neutral to Overweight, price target maintained $12. For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades DOWNGRADES Cablevision (NYSE: CVC)

The following is a list of companies trading ex-dividend December 19th, which produce some of the best yields on the Street:

• American Eagle Outfitters, Inc. (NYSE: AEO), paying 11 cents with a current yield of 3.0%;
• Cincinnati Financial Corp. (Nasdaq: CINF), paying 40.25 cents with a current yield of 5.3%; and
• Universal Insurance Holdings Inc. (AMEX: UVE), paying 8 cents with a current yield of 8.7%.

For a complete list of stocks trading ex-dividend, click here. For a comprehensive list of dividends, go to Streetinsider's Dividend Insider.

ISTA Pharmaceuticals Inc. (Nasdaq: ISTA) 57.3% HIGHER; Valeant Pharmaceuticals International, Inc. (NYSE: VRX) today announced that it had made a proposal to the Board of Directors of ISTA to acquire ISTA for $6.50 per share in cash. RSC Holdings, Inc. (NYSE: RRR) 53.9% HIGHER; United Rentals, Inc. (NYSE: URI) and RSC have entered into a definitive merger agreement under which United Rentals will acquire RSC in a cash-and-stock transaction valued at $18.00 per share Morton's Restaurant Group, Inc. (NYSE: MRT) 32.8% HIGHER; Tilman J. Fertitta announced today that his wholly-owned company, Fertitta's Morton's Restaurants, Inc. and is wholly owned

• United Rentals, Inc. (NYSE: URI) and RSC Holdings, Inc. (NYSE: RRR) have entered into a definitive merger agreement under which United Rentals will acquire RSC in a cash-and-stock transaction valued at $18.00 per share, or a total enterprise value of $4.2 billion, including $2.3 billion of net debt. The Boards of Directors of both companies have unanimously approved the proposed transaction and recommended that their respective stockholders approve the proposed transaction. Upon the closing of the transaction, each outstanding share of RSC common stock will be converted into the right to receive $10.80 in cash and 0.2783 of a share of United

Below are stocks making major moves in pre-open trading Friday: HIGHER: RSC Holdings, Inc. (NYSE: RRR) 56% HIGHER; takeover by United Rentals (NYSE: URI) ISTA Pharmaceuticals Inc. (Nasdaq: ISTA) 52% HIGHER; takeover offer CryptoLogic Limited (Nasdaq: CRYP) 33% HIGHER; takeover offer by Amaya Morton's Restaurant Group, Inc. (NYSE: MRT) 32% HIGHER; takeover offer Quiksilver, Inc. (NYSE: ZQK) 11% HIGHER; tops Q4 views Charming Shoppes Inc. (Nasdaq: CHRS) 7% HIGHER; takeover specualtion Adobe Systems Inc. (Nasdaq: ADBE) 4% HIGHER; strong results Vertex Pharmaceuticals (Nasdaq: VRTX) 4% HIGHER; Pharmasset trial issues Netspend Holdings, Inc. (Nasdaq: NTSP) 2% HIGHER; upgraded athenahealth, Inc. (Nasdaq: ATHN) 1% HIGHER; upgraded Carnival Corporation (NYSE: CCL) 1% HIGHER; upgraded LOWER: StemCells, Inc.

Cryptologic (Nasdaq: CRYP) 25.7% HIGHER; shares halted to announce: possible offer by Amaya at $2.50/share. Quiksilver, Inc. (NYSE: ZQK) 11% HIGHER; reported Q4 EPS of $0.06, $0.01 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $545.2 million versus the consensus estimate of $528.47 million. StemCells, Inc. (Nasdaq: STEM) 10% LOWER; intends to offer and sell common stock and warrants, subject to market and other conditions, in an underwritten public offering. The shares and warrants are being offered under the Company's effective shelf registration statement previously filed with the Securities and Exchange Commission

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before The Market Opens Economic: 8:30am EST

• CPI - Street sees 0.1%
• Core CPI - Street sees 0.1%

Earnings: Angeion Corp. (Nasdaq: ANGN) - no Street consensus Darden Restaurants, Inc. (NYSE: DRI) - consensus EPS $0.42 Check out our Earnings Insider for news and updates on earnings as they happen!

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Pfizer Inc. (NYSE: PFE) high of $21.26. Pfizer is simply continuing higher on positive sentiment for its pipeline, amid expiration of some patents.
• Eli Lilly & Co. (NYSE: LLY) high of $41.37. Lilly is another pharma reaching new heights today. Volume is also right in line with the three-month average. Other pharmas at or near 52-week highs include Merck & Company (NYSE: MRK) and Bristol-Myers Squibb (NYSEL BMY).

52-Week Low:

• Research In Motion

BioSante (Nasdaq: BPAX) 76.9% LOWER; says Libegel did not meet primary, secondary endpoints. Click here for the full report. The stock was downgraded at JMP, Jefferies, Leerink Swann, Rodman & Renshaw and Roth Capital. SuperMedia (Nasdaq: SPMD) 32.5% HIGHER; shares breaking above resistance around $2.50 and $3. Volume is very heavy and spiked notably after crossing the $3.50 level. Read about John Paulson's investment in the company here. Antares Pharma (AMEX: AIS) 33.57% LOWER; in a partnership with BioSante for LibiGel. Roth Capital also downgraded the stock this morning. Southwest Bancorp (Nasdaq: OKSB) 29.1% HIGHER; company entered

The following is a list of some brief articles to get you through the lunch hour:

• Green Mountain Lambasted Again (Nasdaq: GMCR) -> Read this!
  
  
• Steve Jobs May Have Been Wrong on E-Books... (Nasdaq: AMZN) (NYSE: BKS) -> Read this!
  
  
• Gold's Biggest Bull Gets Taken to Cleaners in December (NYSE: GLD) -> Read this!
  
  
• Morgan Stanley to Eliminate 1,600 Jobs Around the World (NYSE: MS) -> Read this!
  
  
• NVIDIA CEO Fires Shot Across Apple's Bow on Tablet Sales (Nasdaq: NVDA)(Nasdaq: AAPL) -> Read this!
  
  
• UBS Lowers Numbers on First Solar; Implementing