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.

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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.

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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.

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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)

Don Mattrick to Replace Pincus as Zynga’s New Chief Executive Officer (ZNGA)

Embattled online social gaming services provider, Zynga Inc. (NASDAQ: ZNGA) announced on Monday that Don Mattrick will serve as its both new Chief Executive Officer and a member of the board directors , effective July 8 2013. Continue reading Don Mattrick to Replace Pincus as Zynga’s New Chief Executive Officer (ZNGA)

Kohl’s Corporation Director Buys 2,568 Shares (KSS)

Kohl’s Corporation (NYSE: KSS) Director, Ximena G. Humrichouse recently bought 2,568 shares of KSS for $50.22 per share, according to a SEC filing made last week. Humrichouse made a total investment of $128,691.

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Steinway Musical Instruments to Be Acquired by Private Equity Firm (LVB)

Shares of Steinway Musical Instruments Inc. (NYSE: LVB) have surged today after the company agreed to be acquired by private equity firm Kohlberg & Company. Continue reading Steinway Musical Instruments to Be Acquired by Private Equity Firm (LVB)

Micro-Caps on Watch; NanoTech Entertainment Inc. (NTEK), Vapor Corp. (VPCO), Sigma Labs Inc. (SGLB)

Shares of NanoTech Entertainment Inc. (OTC: NTEK), operating as a technology company with focus on entertainment industry worldwide, are soaring in trading today. At last check, NTEK shares were trading 19.63% higher at $0.0719 on above average volume of 9.77 million. The stock has gained more than 84.20% in the last three trading sessions.

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Major Movers on July 1; ONXX, AMGN, IDCC, WWAV.B, COV

Shares of Onyx Pharmaceuticals Inc. (NASDAQ: ONXX), a biopharmaceutical company engaged in the development of therapies that target the molecular mechanisms that cause cancer, are seeing a huge rally in trading today. At last check, ONXX shares were trading 50.62% higher at $130.76 on above average volume of 9.89 million. ONXX shares hit a 52-week high of $132.98 in early trading today.

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Neeleman Denies Report of Buying Back JetBlue Airways (JBLU)

According to a Brazilian newspaper Folha de S. Paulo, David Neeleman, a serial entrepreneur who founded JetBlue Airways Corp. (NASDAQ: JBLU) but was removed from his CEO post 6 years back, is raising $3.2 billion investment fund to regain the control of the Company and acquire a struggling Portuguese airlines, TAP.

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