Financial: Investment Services - Press Releases

ProminentMovers: (NYSE:BAC), (NASDAQ:DRYS)

Bank of America Corporation (NYSE:BAC) stated confidence in a strong global economic outlook has consolidated while investors have indicated that they see support from current equity valuations after the recent rally.

Stocks in Focus: (NASDAQ:WEN), (NYSE:SPF)

The Wendy's Company (NASDAQ:WEN) unaudited results for the fourth quarter and fiscal year ended Dec. 30, 2012.

Investors Eye Catching Stocks: (OTC:MMTC), (NASDAQ:XRSC)

Micro Imaging Technology, Inc. (OTC:MMTC) has developed and patented the MIT 1000, a Microbial Identification System that revolutionizes the pathogenic bacteria diagnostic process and can annually save thousands of lives and tens of millions of dollars in health care costs.

Follow-Up Commentary On: (NYSE:KORS), (NYSE:PHM)

- Michael Kors Holdings Limited (NYSE:KORS) announced its financial results for the third quarter ended December 29, 2012.

Stocks Sparking Investors Interest: (NASDAQ:SPWR), (NASDAQ:OCZ)

- SunPower Corporation (NASDAQ:SPWR) recently announced financial results for its 2012 fourth quarter and fiscal year ended Dec. 30, 2012.

Radian Group & Annaly Capital Management Reports: (NYSE:RDN), (NYSE:NLY)

Radian Group Inc. (NYSE:RDN) reported a net loss for the quarter ended December 31, 2012, of $177.3 million, or $1.34 per diluted share, which included minimal net gains on investments and combined net gains from the change in fair value of derivatives and other financial instruments as well as an income tax provision of $20.5 million.

Masco Report &CNO Financial Group Announcement: (NYSE:MAS), (NYSE:CNO)

Masco Corporation (NYSE:MAS) reported strong growth in fourth quarter 2012. "Our solid fourth quarter results reflect the successful execution of our strategic initiatives, including leveraging our brands, reducing our costs, improving our Installation and Cabinet segments and strengthening our balance sheet," said Masco`s President and CEO, Tim Wadhams. 2012 Q4 highlights:

Pre-Market Trading Commentary on High Volume Stocks: (NYSE:CX), (NYSE:YGE)

CEMEX, S.A.B. de C.V. (NYSE:CX) announced that it will host a full-day video webcast presentation on Thursday, February 14, 2013, starting at 8:25AM EST in which members of senior management will discuss the company’s business and financial strategy, operations in its different regions, outlook and other related topics, which may contain important information for CEMEX’s stakeholders.

Ventrus Biosciences Inc (NASDAQ:VTUS) Investor Alert: Investigation over Possible Violations of Securities Laws

LogoAn investigation on behalf of investors of Ventrus Biosciences Inc (NASDAQ:VTUS) shares was announced concerning potential securities laws violations by Ventrus Biosciences Inc and certain of its directors and officers in connection certain financial statements.

SandRidge Energy Inc. (NYSE:SD) Investor Alert: Lawsuit Against Directors Filed

LogoAn investor in NYSE:SD shares filed a lawsuit against members of the board of directors of SandRidge Energy Inc. over alleged breaches of fiduciary duties and their alleged failure to protect against the misuse and misappropriation of the company's assets, and for the costs and expenses that have, and will be, paid by the company because of defendants' wrongdoing.

Smith & Wesson Holding Corporation (SWHC) Investor Files Lawsuit over CEO Stock Award

LogoAn investor in shares of Smith & Wesson Holding Corporation (NASDAQ:SWHC) filed a lawsuit against certain directors of Smith & Wesson Holding Corporation over alleged breaches of fiduciary duties in connection with the stock options that have been awarded to the CEO.

Crexus Investment Corp (NYSE:CXS) Investor Alert: Lawsuit Against Acquisition Filed

LogoAn investor in shares of Crexus Investment Corp (NYSE:CXS) was filed in effort to block the proposed acquisition of Crexus Investment Corp by Annaly Capital Management, Inc for $13.00 per NYSE:CXS.

Elan Corporation, Plc (ADR) (NYSE:ELN) Investor Alert: Lawsuit Deadline on February 19

LogoA deadline is coming up on February 19, 2013in the lawsuit filed for certain investors of Elan Corporation, plc (ADR) (NYSE:ELN) against S.A.C. Capital Advisors over alleged Securities Laws violations.

Electronic Game Card, Inc. (PINK:EGMIQ) Investor Notice: Deadline in Lawsuit on March 5 Coming Up

LogoA deadline is coming up on March 5, 2013 in the lawsuit filed for investors of Electronic Game Card, Inc. (PINK:EGMIQ) against former auditors of Electronic Game Card, Inc over alleged securities laws violations.

Alert: Hemispherx BioPharma, Inc (NYSEAMEX:HEB) Investor Lawsuit Deadline on February 22

LogoA deadline is coming up on February 22, 2013 in the lawsuit filed for investors of Hemispherx BioPharma, Inc (NYSEAMEX:HEB) over alleged violations of federal securities laws by Hemispherx BioPharma in connection with certain allegedly false and misleading statements concerning Hemispherx BioPharma’s new drug Ampligen.

BioClinica Inc (NASDAQ:BIOC) Investor Files Lawsuit to Halt Acquisition Attempt by JLL Partners

LogoAn investor in shares of BioClinica Inc (NASDAQ:BIOC) filed a lawsuit to halt the proposed takeover of BioClinica Inc by JLL Partners, Inc at $7.25 per NASDAQ:BIOC share.

Trading Commentary on High Volume Stocks: (NYSE:YGE), (NASDAQ:OCZ)

Yingli Green Energy Holding Co. (NYSE: YGE) shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $3.30 and remained in $3.26 and $3.50 price range during the session. The stock is 7.30 percent higher at $3.50. Yingli Green Energy’s first support level is at $3.10. Upon breaching this level, the stock may go as low as $2.86. On the upside, its first resistance level is at $3.73.

Groupon Announcement & DryShips Picking Up Momentum: (NASDAQ:GRPN), (NASDAQ:DRYS)

Groupon Inc. (NASDAQ: GRPN) stock is at $5.46, up 1.77 percent from its previous close of $5.36. Its latest trading volume has been recorded at 6.309 million shares, in contrast to the average daily trading volume of 15.849 million shares. The stock opened the session at $5.41 and touched its highest price point at $5.59. Groupon stock’s lowest price point for the session stood at $5.37. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $5.64.

NYSE Stocks Posting Large Volume: (NYSE:IPG), (NYSE:PAL)

The Interpublic Group of Companies Inc. (NYSE:IPG) traded in the range of $12.16 and $12.54 during its latest trading session. The stock opened at $12.19 and is currently at $12.31, up 1.32 percent from its previous close of $12.15. Despite its up movement, the stock’s MACD chart shows neutral trend and the stock may touch $12.65 level in the coming session. The stock hits its new 52 weeks high price of $12.54 in the current trading session.

Financial and Radio Industry on the Rise: (NYSE:BAC), (NASDAQ:RFMD)

Bank of America Corporation (NYSE:BAC) stock is at $12.13, up 2.28 percent from its previous close of $11.86. The stock opened the session at $11.87 and touched its highest price point at $12.15. Bank of America stock’s lowest price point for the session stood at $11.78. The stock is likely to maintain its bullish trend in the near term and medium term. Bank of America stock may touch $12.70 level in the coming trading sessions.

Stocks Sparking Investors Interest: (NYSE:AVP), (NYSE:CIM)

Avon Products Inc. (NYSE: AVP) traded in the range of $18.65 and $20.81 during its latest trading session. The stock had opened at $18.87 and is at $20.61, up 19.27 percent from its previous close of $17.28. Avon Products recorded the volume of 19.471 million shares. Its average daily trading volume stands at 5.355 million shares. Its MACD chart shows bullish trend and the stock may go as high as $21.02 in the coming sessions. Its first support level stands at $20.15, breaching this level, the stock may tumble to $18.65.

Notable Mid-Day Gainers: (OTC:OPIX), (OTC:GNIN)

Odyssey Pictures Corp. (OTC:OPIX) opened at $0.01 and oscillated in the range of $0.01 and $0.08 in the latest trading session. It is at $0.04, up 591.67 percent from its previous close of $0.01. The stock traded 11.659 million shares so far, higher than its usual volume of 121K shares. Odyssey Pictures shows bullish trend and the stock’s first resistance level is at $0.05. Upon breaching this level, the stock may touch $0.06.

Hot Equities Review & Reports For: (OTC:ONVO), (OTC:ERBB)

Organovo Holdings Inc. (OTC:ONVO) shows neutral trend as the stock made a sharp down movement in its latest trading session. It opened the session at $5.44 and remained in $4.88 and $5.44 price range during the session. The stock is 6.34 percent lower at $5.02. Organovo Holdings’ first support level is at $4.69. Upon breaching this level, the stock may go as low as $4.03. On the upside, its first resistance level is at $6.12.

Mid-Day Commentary & Reports For: (OTC:MWIP), (OTC:AAMRQ)

MediSwipe Inc. (OTC:MWIP) is trading in the range of $0.09 and $0.10 in its current trading session. The stock recorded the volume of 31.238 million shares so far, in comparison its average daily trading volume of 14.969 million shares. The stock opened at $0.09 and is currently at $0.10, up 7.47 percent from its previous close of $0.09. MediSwipe has its first resistance level at $0.11 while it faces the support at $0.07. If the stock breaches this level, it may go touch $0.05.

Investors Eye Catching Stocks: (NASDAQ: FB), (NASDAQ: CSCO)

Firsthand Technology Value Fund, Inc. (SVVC), a publicly-traded venture capital fund that invests in technology and cleantech companies, disclosed that its top five holdings as of January 31, 2013 were Facebook, Inc. (NASDAQ: FB), Twitter, Silicon Genesis, QMAT, and SolarCity.