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Sunday, December 27, 2009

IBM, Qualcomm, Sunrise Senior Living, 3Par: U.S. Equity Preview

Dec. 27 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Electronics for Imaging Inc. (EFII:US): The digital- printing company said its tender offer was oversold and that it had accepted orders to buy about 5.5 million shares at $12.75 a share.

International Business Machines Corp. (IBM:US): The world’s largest computer-services provider may rise as the company focuses on expanding in emerging markets and projects geared to information technology and infrastructure, Barron’s reported, citing an interview with Chief Executive Officer Sam Palmisano.

Qualcomm Inc. (QCOM:US): The world’s biggest maker of chips for mobile phones said that Len Lauer, chief operating officer, has resigned and accepted a job as chief executive officer at another company.

Sunrise Senior Living Inc. (SRZ:US): The manager of retirement communities said its Sunrise Connecticut Avenue Assisted Living unit amended its credit line. The company made a $5 million payment on the principal of $29.5 million of borrowings outstanding and suspending or amending some covenants.

3Par Inc. (PAR:US): The data-storage provider may rise as the company expands its customer base and gains market share, making it an attractive takeover target, Barron’s reported, without citing anyone.

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