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Auto parts retailer AutoZone Inc. (AZO: News ) is rising 1 percent to $335.00 as it reported higher earnings for its fourth quarter. Net sales for the quarter improved 8.1 percent.

SAP AG (SAP: News ) is rising over 1 percent to $51.09. The company announced its intention to acquire Munich, Germany-based business-to-business integration provider Crossgate. Terms and purchase price of this acquisition are not publicly disclosed.

Universal Display Corp. (PANL: News ) is rising over 2 percent to $59.70.

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