Investors Buzz: Seven Arts Entertainment, Ballard Power Systems, The Men's Wearhouse, CommVault Systems

Lakeway, TX -- (SBWIRE) -- 03/14/2013 -- 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:-

Seven Arts Entertainment Inc(PINK:SAPX) shares gained 14.29% to $0.0064. The company, on Feb. 20, announced its results of operations for the quarter ended December 31, 2012. The Company recorded a gross loss of ($84,288) on total revenue of $182,797 for the quarter ended December 31, 2012 compared to a gross loss of ($412,686) on revenues of $207,790 for the quarter ended December 31, 2011. The Company's net loss increased to ($1,799,894) from ($1,099,422).

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Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) shares jumped 14.05% to $1.38 after the company yesterday has announced the recent signing of an agreement between Van Hool NV, Europe's fourth largest bus manufacturer, and the Transit Authority in Aberdeen, Scotland for delivery of 10 buses that will be powered by Ballard's 150 kilowatt FCvelocityTM-HD6 fuel cell module.

Additionally, the company recently announced a supply agreement with the Center for Transportation and the Environment for a 150 kilowatt FCvelocityTM-HD6 fuel cell module to be integrated into a bus that will be deployed with CTTransit in Hartford, Connecticut. The All-American fuel cell hybrid bus is expected to be delivered in 2015.

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The Men's Wearhouse, Inc. (NYSE:MW) shares climbed 19.88% to $34.92 after the company’s fiscal fourth-quarter loss narrowed as revenue at the apparel retailer improved.

For the quarter ended Feb. 2, the company reported a loss of $3.4 million, compared with a year-earlier loss of $3.8 million. On a per-share basis, the loss was unchanged at seven centsAdjusted loss was five cents a share. Revenue rose 8.2% to $608.4 million. Men's Wearhouse in December forecast bottom-line per-share results to range from a loss of five cents to a profit of a penny and sales growth of 9.5% to 10.5%.

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CommVault Systems, Inc.(NASDAQ:CVLT) shares increased 9.80% to $85.17 on no official news. The company, on Mar. 4, announced at HIMSS 13 the results of its 2013 Health IT Survey, which reveals the various measures organizations are taking to improve the management and protection of all forms of electronic medical records (EMRs) and address HITECH, Meaningful Use and HIPAA compliance requirements.

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