Shares of NanoTech Entertainment Inc. (OTC: NTEK), a technology company focusing on entertainment industry worldwide, surged in trading on Friday. NTEK shares ended the day 53.75% higher at $0.123 on above average volume of 27.93 million. The stock has gained 66.22% in the last three trading sessions.
Month: July 2013
Sterne Agee Upgrades EZCORP, Shares Rally (EZPW)
Sterne Agee upgraded the pawnbroker, EZCORP Inc. (NASDAQ: EZPW) to “buy” from “neutral” on Wednesday.
Continue reading Sterne Agee Upgrades EZCORP, Shares Rally (EZPW)
Exco Resources to Buy Chesapeake Assets Worth $1 Billion (CHK, XCO)
As a part of its broader strategy to sell assets worth $7 billion this year to strengthen its balance sheet, Chesapeake Energy Corp. (NYSE: CHK) announced on Wednesday that it will sell part of its assets (Eagle Ford and Haynesville Shales) to Exco Resources Inc. (NYSE: XCO) for $1 billion. The move will bring much needed cash at a time when Chesapeake just like any other gas and energy company is reeling under pressure due to low prices amid supply glut. The deal is expected to close by end of this month.
Continue reading Exco Resources to Buy Chesapeake Assets Worth $1 Billion (CHK, XCO)
Major Movers on July 3; LINE, AA, AN, RHI, FTNT
Shares of Linn Energy LLC (NASDAQ: LINE) slumped about 7.70% in early trade. The oil and energy company late last evening said that the Securities and Exchange Commission (SEC) was conducting an “informal” inquiry both its acquisition deal with Berry Petroleum, which it agreed to acquire in February and accounting.
Continue reading Major Movers on July 3; LINE, AA, AN, RHI, FTNT
Micro-Caps in Focus; Generex Biotechnology Corporation (GNBT), NanoViricides Inc. (NNVC), ALAS International Holdings Inc. (VDSC)
Shares in Generex Biotechnology Corporation (OTC: GNBT), a development stage company engaged in the research, development, and commercialization of drug delivery systems and technologies for metabolic and immunological disease, are soaring in trading today. At last check, GNBT shares were trading 22.51% higher at $0.0430 on volume of 4.04 million. The stock hit an intra-day high of $0.05 earlier today. GNBT shares have gained 35.38% in the last three trading sessions.
Electronic Arts, Hasbro Enters in a 4-Year Deal (HAS, EA)
Toy maker, Hasbro Inc. (NASDAQ: HAS) and video game console maker, Electronic Arts Inc. (NASDAQ: EA) announced on Tuesday that the both companies have entered in a 4-year agreement, under which, Electronic Arts will create former’s best-selling games for mobile platform.
Continue reading Electronic Arts, Hasbro Enters in a 4-Year Deal (HAS, EA)
Yahoo Acquires iPhone Video App Qwiki (YHOO)
In a move which will help the company to further cement its foothold in the mobile app world, Internet Company, Yahoo Inc. (NASDAQ: YHOO) announced on Tuesday that it has bought Qwiki Inc., a New York-based startup which makes mobile apps for making videos on iPhone, according to All Things D.
Continue reading Yahoo Acquires iPhone Video App Qwiki (YHOO)
Major Movers on July 2; CLNT, ACHN, SHLM, ZNGA, CLDX
Shares of Cleantech Solutions Inc. (NASDAQ: CLNT) skyrocketed 26% in early trade. The Company provided upbeat guidance for the fiscal 2013. Based on current orders and anticipated orders, Cleantech expects net income to be in the range of $8 million to $8.5 million on revenue range of $60 million to $62 million.
Continue reading Major Movers on July 2; CLNT, ACHN, SHLM, ZNGA, CLDX
Micro-Caps on the Move; Hannover House Inc. (HHSE), Solar Energy Initiatives (SNRY), ScripsAmerica Inc. (SCRC)
Shares of Hannover House Inc. (OTC: HHSE), a producer and distributor of feature films in the DVD and Blu-Ray markets in North America, are soaring in trading today. At last check, HHSE shares were trading 25% higher at $0.0250 on above average volume of 6.46 million. The stock hit a 52-week high of $0.03 earlier today. HHSE shares have gained more than 107.60% in the last three trading sessions.
Warren Buffett’s Berkshire Hathaway Crowned as the World’s Most Respected Company by Barron’s (BRK.A, AAPL, DIS, GOOG)
Globally renowned value investor, Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK.A) was rated as the world’s most respected company by Barron’s in its 2013 survey. Continue reading Warren Buffett’s Berkshire Hathaway Crowned as the World’s Most Respected Company by Barron’s (BRK.A, AAPL, DIS, GOOG)