Lakeway, TX -- (SBWIRE) -- 03/06/2013 -- Bestdamnpennystocks, 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:-
Questcor Pharmaceuticals Inc. (NASDAQ:QCOR) went down 4.61% and closed at $30.80 on a traded volume of 2.45 million shares. Questcor Pharmaceuticals has been upgraded by TheStreet Ratings from hold to buy. Questcor Pharmaceuticals, Inc. is a biopharmaceutical company. The Company’s primary product is H.P. Acthar Gel, an injectable drug that is approved by the United States Food and Drug Administration, for the treatment of 19 indications.
How Should Investors Trade QCOR After The Recent Volatile Moves? Find Out Here
ModusLink Global Solutions, Inc. (NASDAQ:MLNK) went down 3.70% and closed at $2.86 on a traded volume of 1.08 million shares. The Company will release financial results for the second quarter of fiscal year 2013 on March 7, 2013 after the market closes. The Company provides services to companies in consumer electronics, communications, computing, medical devices, software, luxury goods and retail.
Is MLNK Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
Williams Partners L.P. (NYSE:WPZ) slipped 3.34% to $48.86 on a traded volume of 13.34 million shares. The Company said its public offering of common units priced at a 2.8% discount to Monday's close. The company also increased the number of units offered to 11.25 million from 10 million. It will sell three million units to affiliate Williams Cos. in a private placement. Williams Partners had expected to have about 411 million units outstanding after the offering and plans to use the proceeds to pay down debt.
Can WPZ Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Tangoe Inc. (NASDAQ:TNGO) decreased 3.24% and closed at $13.15 on a traded volume of 1.31million shares. Ryan & Maniskas, LLP announced that a class action lawsuit has been filed in the United States District Court for the District of Connecticut on behalf of all purchasers of Tangoe, Inc. between December 20, 2011 and September 5, 2012. The Complaint alleges that throughout the Class Period, Defendants orchestrated a scheme to inflate their share price through a series of acquisitions, and made materially false and misleading statements regarding the Company's business, operational and compliance policies.
Is TNGO Ready To Move Back To New Highs This Year? Find Out Here
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