News Buzz: Polycom Inc (NASDAQ:PLCM), Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR), Monster Beverage Corp (NASDAQ:MNST)

Lakeway, NY -- (SBWIRE) -- 03/18/2013 -- ThePennyStockProfiler.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:-

Polycom Inc (NASDAQ:PLCM) shares gained 3.12% to $10.89. The company, on Mar. 5, announced the Polycom(R) SoundStation(R) Connect, an audio conference solution that lets users bring the gold standard in audio conferencing technology wherever they go.

Additionally, the company, on Feb. 27, unveiled the Polycom VVX 300 and Polycom VVX 400 Business Media Phones designed to improve productivity and facilitate collaboration for office and cubicle work environments such as call centers, front desks and administrative and corporate offices.

Is PLCM a Strong After The recent price Movement? Let’s Find out Here

Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) shares jumped 3.03% and closed at $3.06. The company on Mar. 11 announced the appointment of Ms. Corinne Nevinny to the company's board of directors. Ms. Nevinny, a seasoned life sciences executive joins Avanir's board with broad healthcare industry experience across multiple disciplines. Ms. Nevinny is General Partner of LMNVC LLC, a privately held early stage venture firm, which she founded in October 2010.

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

Monster Beverage Corp (NASDAQ:MNST) shares climbed 2.65% to $48.38. The company, on Mar. 4, revealed the findings of a group of physicians and a coroner that the company asked to examine the medical records of Anais Fournier, whose family filed a lawsuit blaming her death on the consumption of Monster Energy Drinks.

Additionally, the company, on Feb. 27, posted fourth quarter profit of $67.9 million or $0.39 per share from $64.5 million or $0.35 per share in the same quarter last year. Analysts expected earnings of $0.43 per share for the quarter. The company’s net sales grew 15% to $471.5 million from $410.0 million last year. Analysts expected revenues of $483.61 million for the quarter.

Is MNST Signaling a Buy Signal After The recent Volatility? Let’s Find out Here

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