Hot Stocks: China Auto Logistics Inc, Dex One Corporation, CombiMatrix Corporation, Meru Networks

Dallas, TX -- (SBWIRE) -- 03/12/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

China Auto Logistics Inc (NASDAQ:CALI) shares soared 88.77% and closed at $5.21 in the last trading session on no official news. The 52 week trading range for the company is $1.09 - $7.48. The company is engaged in providing automobile sales and trading service and a Web-based automobile sales and trading information platform to the Company's customers.

Get Latest News, Updates on CALI Here

Dex One Corporation (NYSE:DEXO) shares gained 18.57% to $2.49. The company, on Feb. 28, said it is appealing a decision by the NYSE to delist its stock. Dex One is in the process of mergine with Texas-based SuperMedia. The Cary firm said after the markets closed Wednesday that it had received the delisting notice based on its failure "to maintain an average global market capitalization over a consecutive 30 trading day period of not less than $100 million."

Additionally, the company will release fourth quarter and full year results on Monday, March 18, at approximately 8:30 a.m. EDT. The release will be posted to the Investor Relations section of the company's website, www.DexOne.com. The company invites investors and other interested parties to participate in a conference call at 11:30 a.m. EDT on the same day to hear commentary regarding results.

Is DEXO a Strong Buying Opportunity After The Recent Slump? Find out Here

CombiMatrix Corporation (NASDAQ:CBMX) shares jumped 18.24% to $3.76. The company, on Feb. 27, reported that total revenues for the fourth quarter and full-year 2012, increased to $1.5 million and $5.4 million, respectively, up 18% and 15% from the fourth quarter and full-year 2011. Revenues from the Company's core prenatal testing markets in the fourth quarter grew by 161% over the corresponding period in 2011 and grew by more than 101% for full-year 2012 over the comparable prior year.

Is CBMX Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Meru Networks, Inc. (NASDAQ:MERU) shares climbed 17% to $5.30. The company, on Feb. 27, announced the pricing of an underwritten public offering of 3.00 million shares of its common stock at a purchase price of $4.00 per share. Gross proceeds, before deducting the underwriting discounts and commissions and offering expenses payable by Meru, are expected to be approximately $12 million.

Is MERU Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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