STOCKS NEWS US-Diodes rises after increased revenue outlook

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1154 ET 08June2009-Diodes rises after increased revenue outlook
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Shares of Diodes Inc (DIOD.O) rallied on Monday, after the
semiconductor supplier raised its second-quarter revenue
outlook, citing improvement in demand and order rates,
primarily in Asia.

It now expects second-quarter revenue to increase 22 percent to 30 percent
sequentially. Its prior view was an increase of 14 percent to 22 percent.

For details, see [ID:]

The stock gained 1.7 percent to $15.95, and hit a session
high of $17.20 earlier in the day.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1146 ET 08June2009-Quiksilver surges after doubled price target
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Shares of Quiksilver (ZQK.N) rallied on Monday, after
Lazard Capital Markets raised its price target on the apparel
company, lifting it to $6 from $3. The firm cited a weaker U.S.
dollar and cost-cutting measures in its decision.

"We believe Quiksilver can generate more earnings power
with all three of its brands (than if it were to sell one or
more of them), thus leading to a higher share price in the long
run," the brokerage said.

For details, see [ID:nBNG497050]

Shares rose 7.5 percent to $3.75.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1125 ET 08June2009-GM CEO: bankruptcy process moving quickly
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Fritz Henderson, the chief executive officer of bankrupt
automaker General Motors GMGMQ.PK, on Monday told reporters
that the company's bankruptcy process was moving quickly.

He added that the company expects to provide an update on
its dealer consolidation plan this week.

For details, see [ID:nWEN0167]

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1115 ET 08June2009-NPS Pharma rises after Goldman upgrade
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Shares of NPS Pharmaceuticals (NPSP.O) rose on Monday,
after Goldman Sachs upgraded the company to neutral from sell
on valuation.

The firm said its previous rating on the company was based
on relatively small markets related to the biopharmaceutical
company's drug candidates and lack of catalysts in the next 12
months.

For details, see [ID:nBNG498853]

Shares rose 7.8 percent to $3.86.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1108 ET 08June2009-Markets extend losses as McDonald's weighs
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Major U.S. indexes extended their losses on Monday, after
McDonald's (MCD.N) said its second-quarter profit could be hurt
by currency swings.

For details, see [ID:nN08321918]

The Dow Jones industrial average .DJI fell 1.1 percent to
8,667.53 while the S&P 500 .SPX lost 1 percent to 930.89 and
the Nasdaq .IXIC was off 1.4 percent to 1,823.98.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net