First Solar Shares Surge on Approval from LA County (FSLR)

Shares of First Solar Inc. (NASDAQ: FSLR), a manufacturer and seller of solar modules with an advanced thin-film semiconductor technology, are surging in early trading today after the Los Angeles County Department of Public Works reached an agreement with the company on the installation of solar modules at the Solar Ranch One photovoltaic (PV) power plant. The plant is currently under construction in the Antelope Valley.

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Oracle Corp. Shares Rise on Q4 Results (ORCL)

Oracle Corporation (NASDAQ: ORCL) shares rose sharply in trading on Tuesday after the business-software giant reported better-than-expected adjusted earnings for the fourth quarter. ORCL released its financial results late Monday, three days earlier than planned.

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News Corp. General Counsel to Oversee Management and Standards Committee (NWSA)

News Corporation (NASDAQ: NWSA), a diversified global media company, on Monday, said that Gerson Zweifach, its general counsel, will be responsible for overseeing the Management and Standards Committee. NWSA had formed the committee last year to oversee investigations related to the phone hacking scandal at its U.K. newspaper division.

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Johnson & Johnson Expects to Take a $600 Million Charge in Q2 (JNJ)

Johnson & Johnson (NYSE: JNJ) on Friday said that it plans to take a special charge of $600 million in the second quarter in order to boost its reserves for a possible settlement of civil lawsuits related to Risperdal, Invega, Natrecor and Omnicare.

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