Micro-Caps on the Move; Medical Marijuana Inc. (MJNA), Western Graphite Inc. (WSGP), Cloud Star Corp. (CLDS)

Shares of Medical Marijuana Inc. (OTC: MJNA), a company engaged in the medical marijuana and industrial hemp markets, are soaring in trading today. At last check, MJNA shares were trading 36.43% higher at $0.169 on above average volume of 14.91 million. The stock hit an intra-day high of $0.17 earlier today. Despite the gains today, MJNA shares have fallen nearly 5.60% in the last three trading sessions.

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Buffalo Wild Wings Q1 Net Income Drop 10%, But Shares Gain as Revenue Beats Street’s Estimates (BWLD)

Restaurant chain, Buffalo Wild Wings Inc. (NASDAQ: BWLD)  reported on Monday that fiscal first quarter income fell 10% due to higher wing costs; however shares gained about 1.20% in extended trading hours as revenue edged past Street’s estimates and same-store sales also rose.

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Major Movers on April 29; CPTS, NIHD, VRX, ACT, SINA, MDSO, GALT

Shares of Conceptus Inc. (NASDAQ: CPTS) rallied about 19.40% by afternoon trade after Bayer AG said that it has agreed to acquire Conceptus in deal estimated at euro 852 million ( $1.1 billion ) as the health-care company looks to gain traction in women contraceptive market. Bayer said that in next 10 days period, it will issue a tender with a proposal to buy all of Conceptus’s stock, valuing each share at $31 in cash, which represents a 20% premium over Friday’s closing stock price. The deal is likely to close by the second quarter of this year.

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Micro-Caps on Watch; Liquidmetal Technologies Inc. (LQMT), Soul and Vibe Interactive Inc. (SOUL), Endexx Corp. (EDXC)

Shares of Liquidmetal Technologies Inc. (OTC: LQMT), a designer, developer, and seller of products and components from bulk amorphous alloys, are up sharply in trading today. At last check, LQMT shares were trading 7.27% higher at $0.0900 on above average volume of 9.17 million. The stock touched an intra-day high of $0.10. LQMT shares have gained nearly 9.80% in the last three trading sessions.

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China’s Alibaba to Acquire 18% Stake in Sina Corp.’s Weibo Services (SINA)

China’s e-commerce giant, Alibaba announced on Monday that it has agreed to buy 18% stake in the Sina Corporation’s (NASDAQ: SINA) Weibo, a microblogging service, equivalent to Twitter, in a deal estimated at $586 million. The Company said that agreement allows Alibaba to increase its stake to 30% in the future.

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D.R. Horton Comfortably Beats Q1 Estimates (DHI)

Shares of D. R. Horton Inc. (NYSE: DHI) rallied on Friday after the America’s largest homebuilder by annual closings said that net income in the fiscal second quarter climbed more than three times thanks to robust home sales aided by solid recovery in the housing market and expects demand will remain strong in coming quarters.

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Micro-Caps on the Move; Goff Corp. (GOFF), GeneLink Inc. (GNLK), iTalk Inc. (TALK)

Shares of Goff Corp. (OTC: GOFF), a U.S.-based company engaged in gold exploration through its wholly-owned subsidiary, are rallying in trading today. At last check, GOFF shares were trading 33.53% higher at $0.0681 on above average volume of 34.99 million. The stock hit an intra-day high of $0.08 earlier today. Despite the gains today, GOFF shares have fallen more than 41.80% in the last three trading sessions.

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