Investors later learned the company was only interested in selling a relatively small part of its business.
Strong industrial production data out of China and Japan boost stocks ahead of the consumer confidence report.
Estimates suggest that by 2015 around 70% of cars produced in Europe will be based on the technology.
The equipment maker's recent quarterly results were affected by weak European sales and currency.
These stocks are historically undervalued and offer attractive yields.
SanDisk is upgraded to 'above average,' and AMD is downgraded to 'hold.'
Six analysts, selected among the 'Best on the Street,' offer their current favorite stock picks.
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