News Buzz: Alcatel Lucent, LinnCo, MannKind Corporation, MGIC Investment Corp.

Lakeway, TX -- (SBWIRE) -- 03/22/2013 -- vbtrendreport.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:-

Alcatel Lucent SA (ADR) (NYSE:ALU) slipped 1.72% to $1.42 on a traded volume of 10.62 million shares. The Company has announced that Japan's NTT Communications Corporation has chosen its advanced Edge Router systems to dramatically boost speed, performance and cost-efficiency within in its VPN enterprise services. NTT Com will introduce Alcatel-Lucent's Multi-service Edge Router, the 7750 Service Router as part of business services available in Japan and worldwide.

How Should Investors Trade ALU After The Solid Jump? Let’s Find Out Here

LinnCo LLC (NASDAQ:LNCO) went down 0.83% to $38.28 on a traded volume of 1.31 million shares. LINN Energy LLC and LinnCo LLC announced that they have received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with their proposed merger with Berry Petroleum Co. The termination of this waiting period, which is effective as of March 13, 2013, satisfies one of the conditions to closing for LINN Energy and LinnCo's proposed acquisition of Berry Petroleum Company.

Is LNCO Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

MannKind Corporation (NASDAQ:MNKD) slipped 0.89% to $3.34 on a traded volume of 883k shares. So far this year, the stock is up over 44%. The 52-week range for the stock is $1.57 and $3.67. MannKind Corporation is a development-stage biopharmaceutical company. The Company is focused on the discovery, development and commercialization of therapeutic products for diseases such as diabetes and cancer.

Is MNKD Buy After The Recent Price Movement? Find Out Here

MGIC Investment Corp. (NYSE:MTG) decreased 3.05% to $4.45 on a traded volume of 5.50 million shares. The median Wall Street price target on the stock is $4.50 and the high target is set at $8.00 with majority of analysts have a hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $3.62 and $2.46 respectively.

Is MTG a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here

About vbtrendreport.com
vbtrendreport.com’s team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.

Disclaimer
The assembled information disseminated by vbtrendreport.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. vbtrendreport.com does expect that investors will buy and sell securities based on information assembled and presented in vbtrendreport.com. PLEASE always do your own due diligence, and consult your financial advisor.