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General Growth Properties (NYSE:GGP) is getting closer to filing a bankruptcy exit plan, according to a Reuters report, with its board planning to meet today in order to give final approval to the proposal.

Three large investors back the plan, which includes Brookfield Asset Management, Fairholme Capital Management and Pershing Square Capital Management.

Toyota Motor (NYSE:TM) and Mazda Motor announced a deal under which Toyota will supply its hybrid technology to Mazda, according to a Reuters report.

The automakers have been discussing the possibility since last spring as the popularity of gasoline-electric cars surged in Japan with the help of government subsidies.

Mazda Executive Vice President Masaharu Yamaki said, "Hybrids are spreading fast in Japan, and launching a model in the domestic market has become an urgent task." He added, "That is one of the reasons why we decided to seek this agreement with Toyota."

Barclays analysts Jeff Kvaal said that Research in Motion's (NASDAQ:RIMM) strategic acquisition of Viigo enhances the company's software portfolio.

Kvaal said, "Applications play Viigo announced it would be acquired by RIM for an undisclosed and thus not likely massive sum. We consider RIM's push into applications a needed one and thus view the deal as a strategic positive."

Barclays expects RIM to report solid Q4 results and guidance when the company announces earnings on Wednesday. The bank recently lifted their fiscal Q1 sales and EPS estimates to $4.3 billion, vs. consensus estimates of $4.31 billion, and $1.25, vs. consensus estimates of $1.28.

Due to strength at Sprint and continued demand for the Bold 2 and Curve 8520, analysts believe further upside to their fiscal Q1 estimate is possible.

Zhejing Geely Holding Group signed an agreement Sunday to acquire Ford Motor's (NYSE:F) Volvo Cars unit in a deal valued at $1.8 billion.

The stock purchase agreement is still subject to regulatory approvals and is anticipated to be completed in the third quarter, two of the automakers' representatives said Sunday in Sweden.

The agreement was singed by Geely's Chairman, Li Shufu, and Ford's CFO Lewis Booth.

Shares of Apple (NASDAQ:AAPL) are trading 1% higher to $229.00 premarket Friday after the company had its share price estimate raised to $300 from $275 at Credit Suisse Group AG, saying that the company "is running well ahead of our previous expectations and consensus."

Shares of Oracle (NASDAQ:ORCL) are trading 0.6% lower to $25.87 premarket Friday after the world's second-largest software maker said Q3 net income fell to $1.19 billion, or 23 cents a share, from $1.33 billion, or 26 cents, a year earlier.

"The Sun integration is going even better than we expected," said Oracle President, Safra Catz. "We believe that Sun will make a significant contribution to our fourth quarter earnings per share as well as meet the profitability goals we set for next year."

Swiss banking firm UBS (NYSE:UBS) cut about 200 jobs in its US brokerage unit, Reuters reported Friday.

The cuts represent about 1.2% of the unit's total 16,295 employees, the report that cited inside sources said.

Over the past year, a number of brokers have left the bank following market turmoil and taken clients with them, as the bank reported in the third-quarter that almost $10 billion in assets had been withdrawn.

Shares of eBay Inc. (NASDAQ:EBAY) are trading 3% higher to $27.74 premarket Thursday after the most- visited U.S. e-commerce site was upgraded to "outperform" from "neutral" at Credit Suisse Group AG.

Shares of Citigroup (NSYE:C) are trading 2.9% higher to $4.27 premarket Thursday after the bank said it plans to participate in the second-mortgage modification program as part of the government's Home Affordable Mortgage Program.

Citi joins several of its peers, including Bank Of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC), in committing to the program, which works with HAMP to lower homeowners' payments on first and second mortgages.

"It is our priority and commitment at Citi to help homeowners in need," said Chief Executive Vikram Pandit, "The 2MP program will further improve the affordability on mortgages and help families facing financial distress stay in their homes."

Citi said it has helped over 825,000 families avoid foreclosure since 2007.

Also providing a boost to Citigroup shares is news that the Treasury will not sell its entire stake in the bank at once, instead opting to sell its position very slowly over time.