ReleaseWire

Omega Navigation Enterprises Inc. (PINK:ONAVQ) shows neutral trend as the stock is trading sharply down on its current trading session. It opened the session at $0.14 and is trading in $0.13 and $0.14 price range during the session. The stock is currently 10.71 percent lower at $0.13. Omega Navigation’s first support level is at $0.11. Upon breaching this level, the stock may go as low as $0.04. On the upside, its first resistance level is at $0.24.

CentraisEletricasBrasileiras SA (ADR)(NYSE:EBR.B) announced that following the information disclosed to the market on January 31, 2011, its subsidiary EletrosulCentraisEletricas SA approved on January 11, 2013 approved the merger by incorporation of Artemis Transmissora de Energia SA.

Reuters reported that GlancyBinkow& Goldberg LLP announced that it is investigating potential claims on behalf of purchasers of the securities of Tellabs, Inc. (NASDAQ:TLAB) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company between October 26, 2010 and April 26, 2011 concerning Tellabs` business, operations and prospects were false and misleading.

Intel Corporation (NASDAQ:INTC) continued its downward trend after dismal fourth quarter earnings report. Overall, fourth quarter profit for Intel fell a huge twenty-seven percent. This was largely based on two factors: a slowdown in the number of orders placed for the company’s software by PC manufacturers and a delay by the firm in entering the Smartphone market.

Staples, Inc. (NASDAQ:SPLS) announced on January 18, 2013 that it had received tenders for an aggregate principal amount of approximately $633 million of its outstanding 9.750% Senior Notes due 2014 in its previously announced cash tender offer.

Time Warner Cable has struck a deal with the Los Angeles Dodgers to broadcast the Major League Baseball team's games.

AMR Corporation (OTCQB: AAMRQ) sported a fresh new look as the company unveiled a new logo and exterior for its planes, including the already delivered Flagship Boeing 777-300ER aircraft set to fly on Jan. 31.

Organovo Holdings Inc (PINKSHEETS: ONVO) is working together with researchers at Autodesk, Inc., the leader in cloud-based design and engineering software, to create the first 3D design software for bioprinting. The Autodesk Research group is dedicated to innovation and discovery ranging from methods to help users learn powerful digital prototyping tools to visualization and simulation techniques that enable designers to achieve new levels of performance.

Leap Wireless International, Inc. (NASDAQ: LEAP) issued inducement awards to two new non-executive employees. The inducement awards consist of options to purchase up to 16,125 shares of Leap common stock and deferred stock units for 9,275 shares of Leap common stock. The options have a ten year term and an exercise price equal to the fair market value of Leap common stock on the date of grant.

AmarantusBioScience Inc. (OTCQB:AMBS) announced publication of independent peer-reviewed data for receptor and secretion pathways related to MANF

Magnum Hunter Resources Corp. (NYSE: MHR) traded in the range of $4.32 and $4.44 during its latest trading session. The stock had opened at $4.32 and is currently at $4.40, up 1.85 percent from its previous close of $4.32 with heavy volume. Magnum Hunter Resources recorded the volume of 1.843 million shares. The stock price is trading above its short term moving average price of $4.25 and long term moving average price of $4.10. The stock is likely to go as high as $4.58 in near future. Magnum Hunter Resources reported that it is planning to develop its Utica leasehold position in Ohio.

Dell Inc. (NASDAQ: DELL) stock is currently at $13.17, up 2.57 percent from its previous close of $12.84. The stock made the up move with the volume of 48 million, about two times higher than its usual volume of 28 million shares. The stock is up on the rumors of Microsoft’s involvement in LBO of the company. Dell stock opened the session at $12.84 and touched its highest price point at $13.60. Its lowest price point for the session stood at $12.83. The stock is currently in bullish phase and may go up to $13.65 level. Its first support level is at $12.87.

Research in Motion Limited (NASDAQ: RIMM) stock is at $17.39, up 9.78 percent from its previous close of $15.84, with very high volumes. Its latest trading volume has been recorded at 67.871 million shares, in contrast to the average daily trading volume of 41.848 million shares. The stock opened the session at $17.05 and touched its highest price point at $17.68. Research in Motion stock’s lowest price point for the session stood at $16.90. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $17.49. The stock has been upgraded to Buy rating by Scotia.

Nokia Corporation (NYSE: NOK) opened at $4.49 and is trading in the range of $4.48 and $4.60 in the latest trading session. It is currently at $4.57, up 3.12 percent from its previous close of $4.43. Nokia shows bullish trend and the stock’s first resistance level is at $4.69. Upon breaching this level, the stock may touch $5.06. On the downside, it may slip to $4.50. Nokia deals in telecommunication hardware and services. The company is based out of Finland and offers smartphones and regular phones under various brand names including Vertu.

MGIC Investment Corp. (NYSE: MTG) is trading in the range of $2.83 and $2.96 in its current trading session. The stock recorded the volume of 1.934 million shares so far, in comparison its average daily trading volume of 4.240 million shares. The stock had opened at $2.83 and is currently at $2.96, up 5.25 percent from its previous close of $2.81. MGIC Investment has its first support level at $2.80 while it faces the resistance at $3.17. If the stock breaches this level, it may go as high as $3.46. MGIC Investment offers mortgage insurance services. It provides its services to government sponsored entities and lenders.

Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) opened at $2.71 and oscillating in the range of $2.69 and $2.91 in the current trading session. It is currently at $2.90, up 7.41 percent from its previous close of $2.70. Yingli Green Energy Holding shows bullish trend and the stock’s first resistance level is at $3.06. Upon breaching this level, the stock may touch $3.51. On the downside, it may slip to $2.63. Yingli Green Energy Holding designs, develops and markets photovoltaic products. The company offers its products to distributors and end consumers.

Celsion Corp. (NASDAQ: CLSN) is trading in the range of $7.22 and $7.90 during its latest trading session. The stock had opened at $7.71 and is currently at $7.61, up 8.71 percent from its previous close of $7.00. Celsion recorded the volume of 3.541 million shares so far, significantly higher than its average daily trading volume of 1.671 million shares, thus showing bullish trend. It is also trading below its 6 days EMA of $7.62 and 20 days EMA of $7.96. Celsion inked a new deal with Zhejiang Hisun Pharmaceutical Company. The agreement pertains to technology development for ThermoDox in China.

AMR Corporation (OTCQB: AAMRQ) opened at $1.35 and oscillated in the range of $1.32 and $1.37 in the current trading session. It is currently at $1.36, up 3.03 percent from its previous close of $1.32. AMR Corporation shows bullish trend and the stock’s first resistance level is at $1.46. Upon breaching this level, the stock may touch $1.61. On the downside, it may slip to $1.27. AMR Corporation is an aviation company and offers scheduled jet services. The company stock had a good run early this month as the company is going through bankruptcy proceedings.

Mikros Systems Corp. (OTC:MKRS) is trading in the range of $0.12 and $0.60 during its current session. The stock recorded the volume of 4.263 million shares so far, significantly higher than its average daily trading volume of 6.689K shares. Its up movement accompanied by heavy volume betrays bullish trend, which is further confirmed by its MACD and EMA charts. The stock had opened at $0.17 and is currently at $0.20, up 300 percent from its previous close of $0.05. Mikros recently reported the award of Northrop Grumman subcontract for wireless network engineering. The contract is related to US Navy submarines program.

Organovo Holdings Inc. (PINK:ONVO) is trading in the range of $4.80 and $5.38 in its current trading session. The stock recorded the volume of 1.701 million shares so far, in comparison its average daily trading volume of 549k shares. The stock had opened at $4.89 and is currently at $5.38, up 14.47 percent from its previous close of $4.70. Organovo Holdings has its first support level at $4.35. If the stock breaches this level, it may touch $3.30. However, it is expected to go up as the stock is in bullish phase. Organovo Holdings offers 3D bioprinting services under NovoGen MMX brand. The company is based out of California.

Janus Capital Group Inc. (NYSE:JNS) will unveil its latest earnings on Thursday, January 24, 2013. The average analyst estimate is for net income of 14 cents per share, a decline of 26.3% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 15 cents.

Genworth Financial Inc. (NYSE:GNW) announced a comprehensive U.S. Mortgage Insurance capital plan. The plan, when implemented, will reduce Genworth Mortgage Insurance Company's (GMICO), the company's main U.S. mortgage insurance subsidiary, risk-to-capital by 12 to 15 points, decrease the likelihood that the U.S. mortgage insurance subsidiaries will require additional capital for the foreseeable future, ensure the continued ability to write new business and reduce the risk of a default under the indenture governing Genworth's senior notes.

Jefferies analyst Peter Misek raised his ratings on Research In Motion Limited (USA)(NASDAQ:RIMM) stock to "Buy" from "Hold" with an increase in its price target by 50% to $19.50 saying that he sees promising potential of its new Blackberry 10 device. BlackBerry 10 is officially to be launched on January 30.

Intel Corporation (NASDAQ: INTC) went down after the company reported earnings. Intel Corporation today reported full-year revenue of $53.3 billion, operating income of $14.6 billion, net income of $11.0 billion and EPS of $2.13. The company generated approximately $18.9 billion in cash from operations, paid dividends of $4.4 billion, and used $4.8 billion to repurchase 191 million shares of stock. For the fourth quarter, Intel posted revenue of $13.5 billion, operating income of $3.2 billion, net income of $2.5 billion and EPS of 48 cents. The company generated approximately $6 billion in cash from operations, paid dividends of $1.1 billion and used $1.0 billion to repurchase 47 million shares of stock.

Nestle SA RegShs. Ser. B Spons (ADR) (PINKSHEETS: NSRGY) is promoting water conservation through schools. Nestlé Waters North America and its brand Zephyrhills, in partnership with the non-profit organization Crystal Springs Foundation, will tour elementary schools in the region over the next 12 months. Water is one of the areas Nestlé is focusing its Creating Shared Value (CSV) efforts and investments on. CSV requires Nestlé to look for ways to create value for shareholders, while also ensuring it creates value for the communities in which it operates. Nestlé is the world's leading nutrition, health and wellness company.