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RAD News & Analysis
Stocks to Watch: RAD, T, BBBY & More
12 Apr 2012 EDT - CNBC.com
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Take a look at some of Thursday’s morning movers:

Rite Aid - The drugstore chain reported a fourth-quarter loss of 18 cents a share, though that did include a 14 cent special charge. Analysts had been forecasting a loss of 14 cents per share. It also issued a fiscal-year forecast that at least partially exceeds analyst forecasts.

AT&T - JPMorgan Chase is upgrading the stock to "overweight" from "neutral," with a $33 price target. The firm says low expectations by investors have weighed on value, and it thinks the company could see better-than-expected revenue growth in wireless.

Bed Bath & Beyond - Canaccord has downgraded the stock to "hold" from "buy," saying the home goods retailer could be vulnerable to market share losses.

Royal Dutch Shell - The oil company says a "light sheen" of oil has been spotted in the general area of two of its production facilities. However, it adds there's no indication that the oil came from those facilities, located about 130 miles south of New Orleans.

Yahoo - ComScore reports that Yahoo has lost search engine market share for a seventh straight month. It now stands at 13.7 percent, with Google at 66.4 percent and Microsoft at 15.3 percent.

Avid Technology - The maker of audio and video products forecast a first-quarter operating loss and revenue numbers that were far short of Wall Street estimates.

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