Stocks To Watch (BAC, ININ, PIR, DARA, VASC)

Bank of America Corporation (NYSE: BAC) The largest U.S. lender by assets failed to persuade a Delaware judge to dismiss a shareholder suit challenging the fairness of its $33 billion stock-swap buyout in January of Merrill Lynch & Co. Yesterday, the stock closed at $18.03.

Interactive Intelligence (NASDAQ: ININ) climbed 15.36% to $22as it sees Q3 adj-EPS of $0.28-$0.31 on sales of $32-$34 million. The Street is currently expecting Q3 EPS and sales of $0.15 and $31.27 million, respectively. Interactive Intelligence, Inc. (Interactive Intelligence) is a provider of software application suites for voice over Internet protocol (VoIP) business communications to enterprises.

Pier 1 Imports, Inc. (NYSE: PIR) jumped 13.38% to $5.00 after the retailer of imported home furnishings said September sales at stores open at least one year increased 9.9 percent from a year earlier and it inventory probably peaked at the end of the third quarter at about $350 million.

DARA BioSciences, Inc. (NASDAQ: DARA) rose 12% to $0.53 after it announced that the Company has entered into an Addendum and First Amendment to Material Transfer Agreement with America Stem Cell, Inc., pursuant to which the Material Transfer Agreement between the Company and ASC dated March 24, 2008 was amended.

Vascular Solutions, Inc. (NASDAQ: VASC) soared 27.07% to 10.61 on the news that the medical-device maker said in a statement on GlobeNewswire that it won clearance from the Food and Drug Administration with partner Zerusa Ltd. to sell the Guardian II hemostasis valve in the U.S.