ReleaseWire

Zippy Bags Inc. (OTC:ZPPB), a development-stage company focused on marketing snowboard carrying bags to snowboard stores and outdoor retailers in the Salt Lake City, Utah, has fallen sharply in mid-day trading today. At last check, ZPPB was down 29.60% to $0.195 on volume of 6.31 million, which is well above the daily average volume of 1.01 million.

New York (January 18th, 2013) - Office Depot Inc. (NYSE:ODP), a global supplier of office products and services, is up sharply in mid-day trading today. At last check, ODP was trading 2.84% higher at $4.35 on volume of 5.15 million, which is above the daily average volume of 4.99 million.

AMR Corp. (OTC:AAMRQ), the parent company of American Airlines, is down sharply in mid-day trading today, extending its losses from the previous trading session. At last check, AAMRQ was down 8.97% to $1.32 on volume of 6.89 million, which is below the daily average volume of 10.15 million.

The Goldfield Corporation (NYSE:GV) traded near highs without any major news. GV increased 20.42% to $ 2.89. The 52-week range for the stock is $0.25 and $ 3.05. The company, on Dec. 6, announced the election of John W. Davis III, 39, as President and chief executive officer of Southeast Power Corporation, its electrical construction subsidiary, effective January 1, 2013. The Goldfield Corporation (Goldfield) is engaged in electrical construction, including (the placement of fiber optic cable) and real estate development. The electrical construction operation serves electric utilities and industrial companies throughout much of the United States. The primary focus of the real estate operations has been on the development of condominium projects on the east coast of Florida.

Organovo Holdings Inc. (PINK:ONVO) recently revealed that it is working alongside Autodesk Inc. to create the very first 3D design software to use for bioprinting. The software will be used to control Organovo’s Novogen MMX bioprinter. “Autodesk is an excellent partner for Organovo in developing new software for 3D bioprinters,” stated Keith Murphy, Chairman and CEO of Organovo. “This relationship will lead to advances in bioprinting, including both greater flexibility and throughput internally, and the potential long-term ability for customers to design their own 3D tissues for production by Organovo.” Organovo Holdings, Inc. (Organovo), formerly Real Estate Restoration & Rental, Inc., is a development-stage company.

NorthStar Realty Finance Corp. (NYSE:NRF) stock closed its latest trading session at $7.81, up 2.49 percent from its previous close of $7.62. The stock shows bullish trend as it made the up move with trading volume of 2.289 million shares, in contrast to the average daily trading volume of 2.095 million shares. Its bullish trend is further confirmed by its MACD chart and the stock is also trading higher than its 6 days EMA of $7.61. NorthStar Realty Finance is a real estate investment trust. The company is based out of New York and deals in real estate debt products.

Standard Pacific Corp. (NYSE: SPF) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $7.87 and remained in $7.78 and $8.10 price range during the session. The stock closed 2.56 percent higher at $8.00. Standard Pacific’s first support level is at $7.87. Upon breaching this level, the stock may go as low as $7.73. On the upside, its first resistance level is at $8.03. Standard Pacific is a diversified builder outfit. It deals in single family houses and is operational in various US markets including California and Texas.

Office Depot Inc. (NYSE: ODP) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $4.04 and remained in $4.03 and $4.26 price range during the session. The stock closed 4.96 percent higher at $4.23. Office Depot’s first support level is at $3.96.

Boston Scientific Corporation (NYSE: BSX) traded in the range of $6.46 and $6.66 during its latest trading session. The stock recorded the volume of 21.646 million shares, significantly higher than its average daily trading volume of 15.294 shares. Its up accompanied by high volume shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock had opened at $6.47 and closed at $6.61, up 2.48 percent from its previous close of $6.45. The stock’s first resistance level is at $6.72. Boston Scientific is scheduled to announce its fourth quarter and full year financial numbers of January 29th.

AMR Corporation (OTCQB: AAMRQ) unveiled a new logo and exterior for its planes, including the already delivered Flagship Boeing 777-300ER aircraft set to fly on Jan. 31. In addition, American plans to continue taking delivery of new planes this year as part of its historic orders for 550 new aircraft.

A Deadline is coming up on January 22, 2013 in the lawsuit for investors in Hi-Crush Partners LP (NYSE:HCLP) and NYSE:HCLP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

K Swiss Inc. (NASDAQ:KSWS), a designer, developer and marketer of high performance and casual athletic footwear, is seeing a huge rally in mid-day trading today after the company agreed to be acquired by E. Land World Ltd. Under the terms of the agreement, E. Land will acquire KSWS for $4.75 per share in an all cash transaction.

eBay Inc. (NASDAQ:EBAY), a global commerce platform, is up sharply in mid-day trading today, extending its gains from the previous trading session. EBAY had risen 0.75% on Wednesday after the company reported strong fourth-quarter financial results. In today’s trading, EBAY has gained 3.29% to $54.64 on volume of 19.75 million, which is well above the daily average volume of 9.60 million.

Chimera Investment Corporation (NYSE: CIM), a specialty finance company investing in residential mortgage-backed securities, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. CIM has been gaining momentum after the company this week announced that it received an additional 30-day extension for continued listing and trading of its common stock on the New York Mercantile Exchange (NYSE).

Oi SA (ADR) (NYSE: OIBR), a Brazil-based company engaged in the telecommunication sector, is up sharply in mid-day trading today. At last check, OIBR was trading 2.24% higher at $4.34 on volume of 304,930, which is well below the daily average volume of 2.12 million.

Groupon Inc. (NASDAQ: GRPN), the Chicago, Illinois-based daily deals site, is gaining in mid-day trading today, reversing some of the losses from the previous trading sessions. GRPN had fallen nearly 4% on Wednesday even as the company launched the Merchant Impact Report, a free tool built into the Groupon Merchant Center that offers merchants a clear view of how GRPN is driving their business by making it possible to assess the performance of their promotion.

Rite Aid Corporation (NYSE: RAD), a retail drugstore chain in the U.S., is up sharply in mid-day trading today, extending its gains from the previous trading sessions. RAD has finished higher in each of the previous seven trading sessions. The stock has bounced back after falling sharply earlier in the month. RAD had slipped after it reported a 2.2% decline in same-store sales for December.

Sony Corporation (ADR) (NYSE: SNE), a designer, developer, manufacturer and seller of electronic equipment instruments and devices for consumer, professional and industrial markets worldwide, is up sharply in mid-day trading today, reversing the losses from the last two trading sessions.

Organovo Holdings Inc. (PINKSHEETS: ONVO), a developer of 3D bioprinting technology, is up sharply in mid-day trading today, extending its gains for the week. At last check, ONVO was trading 6.84% higher at $4.06 on volume of 650,249. The stock has had an excellent run this week, gaining nearly 25%.

Zippy Bags Inc. (OTCQB: ZPPB), a specialty hybrid sporting goods bag manufacturing company, is down sharply in mid-day trading today even as the company announced a 2 for 1 stock dividend. Janet Somsen, CEO of ZPPB, said that with the addition of numerous shareholders and the company’s expanding market awareness it is the management’s intention and obligation to ensure that old and new shareholders have confidence in the company.

The almost $257 million purchase of A123 Systems, Inc. (PINKSHEETS: AONEQ) by a Chinese conglomerate awaits the approval of a secretive federal panel, called the Committee on Foreign Investment in the US, that overlooks foreign acquisitions of American businesses in order to protect national security. A123 Systems, Inc. designs, develops, manufactures and sells rechargeable lithium-ion and energy storage systems. In the transportation industry market, the Company works with global automotive manufacturers and tier 1 suppliers to develop batteries and battery systems for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles, (EVs).

Nestle (PINKSHEETS: NSRGY) opened at $66.98 and oscillated in the range of $66.95 and $67.29 in the latest trading session. It closed at $67.13, up 0.26 percent from its previous close of $66.96. Nestle shows bullish trend and the stock’s first resistance level is at $67.48. On the downside, it may slip to $66.86. Upon breaching this level, the stock may touch $66.19. Nestle is a global nutrition, beverage and food products company. It has many popular brands such as Kit Kat, Nescafe and Poland Spring in its portfolio. The company is based out of Switzerland and it was formed in 1866.

Organovo Holdings Inc. (PINKSHEETS: ONVO) stock closed its latest trading session at $3.80, down 0.26 percent from its previous close of $3.81. However, its today’s volume of 871k shares was higher than its usual trading volume of 485k shares. The stock opened the session at $3.92 and touched its highest price point at $3.92. Organovo Holdings stock’s lowest price point for the session stood at $3.71. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $3.61. Organovo Holdings is engaged in the business of 3D bioprinting. It is based out of California.

On Tuesday, Facebook Inc. (NASDAQ: FB) hosted its much-awaited press event at its Menlo Park Campus. Ever since Facebook announced that it will be holding a press event, there was speculation among investors and analysts over what the company was planning to introduce.

World Moto Inc. (OTCQB: FARE) traded in the range of $0.0501 and $0.0745 during its last trading session. The stock had opened at $0.07 and closed at $0.0541, down 27.38 percent from its previous close. World Moto has its first support level at $0.04 while it faces the resistance at $0.09. If the stock breaches this level, it may touch $0.12. World Moto recorded the volume of 33.697 million shares. The company recently reported that it is set to begin its manufacturing operations. It is involved in the business of developing Moto meters. World Moto is based out of Thailand.