Analysts Joseph D. Foresi and Jeffrey Rossetti at Janney Capital Markets have released a report reviewing the fourth-quarter results at Cognizant Technology Solutions Corporation (NASDAQ: CTSH). The company has reported strong results for the fourth-quarter.

Analysts Daniel Ernst and Scott Tilghman at Hudson Square Research have released an update on the Consumer Technology industry. According to the report, NPD is expected to report US video game industry sales for January on February 11.

The board of Noble Corp. (NYSE: NE) has approved a return of capital to investors at twice the previous level, according to Reuters. This is in line with other players in the oilfields services business who wish to return anticipated cash flow to shareholders, now that the industry has stabilized.

Biotech giant Amgen (Nasdaq: AMGN) said its osteoporosis drug candidate denosumab outperformed a rival drug in delaying and reducing bone fracture in men with prostate cancer.

Bloomberg reports that the shares of six companies may show unusual trading movements. ADC Telecommunications (NASDAQ: ADCT) shares rose to $5.62 after the company announced that it had earned 10 cents per share in the first quarter, while analysts had only expected ADC to break even.

Pfizer (NYSE: PFE) is seeing some call buying this morning with the March $19 calls trading over 11,000 times so far. Large blocks of calls were bought on the offer; this action is below open interest, however, so it is unclear whether this is new positioning or closing transactions. Neither here nor there, this still gives a bullish tone to the stock.

Electronic Arts Inc. (ERTS) reported third-quarter of 2010 results with a steep fall in net earnings and revenue due to weakness in its EA business, dismal holiday sales for the overall packaged goods sector in Europe and product mix shifts to lower-margin distribution business in North America . 

Analysts at FBR Capital Markets upgrade SAP AG (NYSE: SAP) from "underperform" to "market perform." The target price for SAP is set to $44.

Analysts at BMO Capital Markets maintain their "outperform" rating on Electronic Arts (NASDAQ: ERTS), while reducing their estimates for the company. The target price for ERTS is set to $22.

One trader is drawing a line in the sand for web services company, AOL (NYSE: AOL). This morning the March $22 puts were sold 2,700 times for $0.50; this action was well above open interest on the strike. The Feb $23 strike put is also seeing volume of 1,400 contracts, in line with open interest.

Analysts at Wunderlich Securities maintain their "buy" rating on Waste Connections Inc (NYSE: WCN). The target price for WCN is set to $40.

Analysts at Oppenheimer & Co maintain their "perform" rating on ViaSat Inc (NASDAQ: VSAT). The target price for VSAT is set to $33.

Parkway Properties Inc (NYSE: PKY) was downgraded by Stifel Nicolaus from “hold” to “sell.” PKY’s stocks slipped 10.68% to $17.82 at 10:24 am after Parkway Properties was downgraded. While the company’s 52-week trading range is $8.46-$23.25, PKY’s trading range for today has so far been $17.60-$18.50.

Analysts at Jefferies & Co maintain their "buy" rating on Tupperware (NYSE: TUP), while raising their estimates for the company. The target price for TUP has been raised from $55 to $60.