ReleaseWire

Research in Motion Limited (NASDAQ: RIMM) stock is at $16.68, down 4.91 percent from its previous close of $17.54. Its latest trading volume has been recorded at 48.965 million shares, which is higher than its average daily trading volume of 47.304 million shares. The stock has made down movement with high volume and thus shows neutral trend. It is likely to maintain its neutral stance in the short run but may turn bullish in medium run. RIMM is likely to go up to $16.98 level in the coming trading sessions.

World Moto Inc. (OTCQB: FARE) stock is trading at $0.09, down 13.49 percent from its previous close of $0.11. The stock goes down with the volume of 8.386 million, about in comparison to its usual volume of 37.818 million shares.

AMR Corporation (OTCQB: AAMRQ) stock is currently at $1.24, down 9.49 percent from its previous close of $1.37. Its latest trading volume has been recorded at 4.35 million shares, in contrast to the average daily trading volume of 6.854 million shares. The stock opened the session at $1.37 and touched its highest price point at $1.37. AMR Corporation stock’s lowest price point for the session stood at $1.21. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $1.39.

Echo Automotive Inc. (OTCQB: ECAU) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $1.77 and remained in $1.74 and $2.05 price range during the session. The stock is currently 16.27 percent higher at $1.93. Echo Automotive’s first support level is at $1.53. Upon breaching this level, the stock may go as low as $0.89. On the upside, its first resistance level is at $1.85. The stock is currently in the bullish phase.

Quiksilver Inc. (NYSE: ZQK) is showing bullish trend as it is trading in the range of $6.06 and $6.44 during its latest trading session. The stock had opened at $6.11 and is currently at $6.405, up 4.66 percent from its previous close of $6.12. Quiksilver recorded the volume of 2.707 million shares, higher than its average daily trading volume of 2.003 million shares. The stock is likely to turn bullish in medium time period and may go up to $6.45 level.

Applied Materials Inc. (NASDAQ: AMAT) is trading in the range of $12.74 and $12.98 during its latest trading session. The stock had opened at $12.76 and is currently at $12.90, up 2.34 percent from its previous close of $12.60. Applied Materials recorded the volume of 11.181 million shares. Its average daily trading volume stands at 12.901 million shares. Applied Materials is currently going through bullish phase and may touch $13.02 in coming trading session. Its first support level is at $12.66.

Banco Santander SA (NYSE:SAN) is trading in the range of $8.71 and $8.80 during its latest trading session. The stock had opened at $8.73 and is currently at $8.78, up 1.87 percent from its previous close of $8.62. The stock’s MACD chart shows bullish trend and the stock may go up to $8.81 level in the coming session The bullish trend is likely to continue for the midterm time period.

Clearwire Corporation (NASDAQ:CLWR) stock is currently at $3.29, down 0.30 percent from its previous close of $3.30. The stock shows bullish trend as it recorded the trading volume of 7.237 million shares, in contrast to the average daily trading volume of 20.387 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 $3.23. The stock may go as high as $3.35 in its coming trading sessions. Clearwire offers fourth generation wireless broadband services. The company works as a subsidiary of Sprint Nextel Corp.

Advanced Micro Devices Inc. (NYSE: AMD) is trading in the range of $2.82 and $2.93 during its latest trading session. The stock had opened at $2.84 and is currently at $2.92, up 4.66 percent from its previous close of $2.79, with 16.031 million shares volume. The stock is currently trading above its 6 days EMA and 20 days EMA prices and thus shows bullish trend. Its MACD also confirms its bullish trend. The stock may go as high as $3.12 level in the coming trading sessions.

Lattice Semiconductor Corporation (NASDAQ:LSCC) traded in the range of $4.27 and $4.75 during its latest trading session. The stock had opened at $4.47 and is currently at $4.48, up 14.87 percent from its previous close of $3.90. Lattice Semiconductor recorded the volume of 3.472 million shares. Its average daily trading volume stands at 1.069 million shares. Its MACD chart shows bullish trend and the stock may go as high as $4.55 in the coming sessions. Its first support level stands at $4.43.

Ruby Creek Resources Inc. (PINK:RBYC) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.05 and remained in $0.05 and $0.06 price range during the session. The stock is 20 percent higher at $0.06. Ruby Creek Resources’ first resistance level is at $0.07. Upon breaching this level, the stock may go as high as $0.08. On the downside, its first support level is at $0.05.

Micron Technology Inc. (NASDAQ:MU) opened at $7.88 and oscillated in the range of $7.88 and $8.08 in the latest trading session. It is currently at $7.94, up 1.47 percent from its previous close of $7.83. The stock has traded 17.896 million shares so far. Its usual trading volume is 25.196 million shares. Micron Technology shows bullish trend and the stock’s first resistance level is at $8.02. On the downside, it may slip to $7.85.

Echo Automotive Inc. (OTC:ECAU) is trading in the range of $1.39 and $1.71 in its current trading session. The stock recorded the volume of 4.414 million shares, in comparison its average daily trading volume of 7.047 million shares. The stock had opened at $1.44 and is currently at $1.63, up 14.79 percent from its previous close of $1.42. Echo Automotive has its first support level at $1.26 while it faces the resistance at $1.69.

Organovo Holdings Inc. (PINK:ONVO) stock is currently at $4.88, up 12.18 percent from its previous close of $4.35. However, its today’s volume of 802K shares is higher than its usual trading volume of 784K shares. The stock opened the session at $4.38 and touched its highest price point at $4.88. Organovo Holdings stock’s lowest price point for the session stood at $4.37.

World Moto, Inc. (OTCQB: FARE) announced on Jan 11 that the Company has successfully closed a private placement for total proceeds of $1m. The Company is delighted to have attracted and secured this level of equity funding on terms which it believes are very favorable to existing shareholders and further demonstrates the considerable potential of World Moto. Furthermore, these funds will allow the Company to continue to execute its business plan without delay.

Echo Automotive, Inc. (OTC:ECAU), a developer of technologies enabling the cost effective conversion of existing fleet vehicles into fuel efficient hybrids, announced the unveiling and demonstration of an EchoDrive powered production-ready vehicle at the upcoming NTEA (National Truck and Equipment Association) tradeshow held in Indianapolis, Indiana March 6-8, 2013.

Cereplast, Inc. (OTC:CERP) provided a shareholder update and an outlook for 2013. Cereplast has created additional liquidity through the generation of approximately $500,000 in revenue over the last six weeks while continuing to focus on restructuring its operations to further position the Company for growth throughout 2013.

Research In Motion Limited (USA) (NASDAQ:RIMM) shares jumped after a report quoted Lenovo Group Limited (LNVGY)’s Chief Financial Officer, that Lenovo Group is considering acquiring RIM, among other options, to boost its mobile business.

Nokia Corporation (ADR) (NYSE:NOK) stated that the interruption of the dividend, which cost 750 million euros previous year, would provide it strategic elasticity. Investors were disappointed on the company’s suspension of dividend.

American Airlines (OTCQB: AAMRQ) announced that it has signed a 12-year capacity purchase agreement with Republic Airways Holdings to provide large regional jet flying for the first time in the company's history. This agreement, which is subject to court approval, was enabled by the new pilot contract. It is designed to offer customers more choices with the right-size aircraft to match market demand, strengthen service from American's hubs and diversify its partnership with regional carriers.

Dow Jones reported that Nestle SA (ADR) (PINKSHEETS:NSRGY) is planning a new dollar-denominated, bond maturing in July 2018, one of the banks on the deal said January 17, 2013. Bank of America Merrill Lynch, BNP Paribas SA, Mitsubishi UFJ Securities and UBS AG are lead managers on the deal.

Nokia Corporation (NYSE: NOK) plunged after reporting its quarterly numbers and dividend cut. This is the first instance in past 20 years that Nokia would not be paying dividends. The stock is trading in the range of $4.16 and $4.44 during its latest trading session. It is currently at $4.36, down 6.03 percent.

Arena Pharmaceuticals Inc. (NASDAQ: ARNA) is trading in the range of $8.63 and $8.92 during its latest trading session. The stock recorded the volume of 5.058 million shares so far. Its MACD and EMA charts show neutral trend. The stock had opened at $8.69 and is currently at the same level, up 0.12 percent from its previous close of $8.68. It is currently trading below its 6 days EMA of $9.78 and has its first support level at $8.65. In the intermediate time period, the stock may test $9.16 resistance level.

Citigroup Inc. (NYSE: C) stock is currently at $42.58, up 1.32 percent from its previous close of $42.02. The stock opened the session at $42.09 and touched its highest price point at $43.19. Citigroup stock’s lowest price point for the session stood at $42.04. The stock showing bullish trend and it may touch $44.78 in the coming trading sessions. Citigroup has traded 19.102 million shares so far. Citigroup offers financial services to a wide range of clients. It is based out of New York and operates globally. Its stock has traded in the range of $24.61 and $43.25 in the past 52 weeks.

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