Lakeway, NY -- (SBWIRE) -- 02/25/2013 -- 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:-
Barnes & Noble, Inc. (NYSE:BKS) shares gained 8.44% to $14.65. The company’s Chairman Leonard Riggio has told the board he plans to buy the retail assets of the company including Barnes & Noble Booksellers Inc and barnesandnoble.com, but excluding the Nook Media business. The company’s retail business has struggled in recent years as book buyers switched to digital formats, underscored by a 10.9 percent fall in sales at its bookstores and websites in the critical year-end holiday period.
Is BKS a Strong Buy After The Recent Slump? Let’s Find out Here
Zynga Inc (NASDAQ:ZNGA) shares jumped 11.91% to $3.57. The company, on Feb. 7, reported fourth-quarter earnings and sales, revealing that the Company earned 1 cent per share, or $6.9 million, on sales of $311 million last quarter. Analysts expected a loss of 3 cents per share and $212 million in revenue. The Company's tally of daily active users rose to 56 million in the fourth quarter of 2012 meaning 2 million new daily active users were added in the last year.
Is ZNGA a Strong Buying Opportunity After The Recent Slump? Find out Here
Elan Corporation, plc (ADR) (NYSE:ELN) shares jumped 8.58% to $11.49 after RP Management, LLC announced that contact was made on February 18, 2013 with the Chairman of the Board of Elan Corporation, plc, followed by a meeting then taking place on February 20, 2013, at which an indicative proposal was made to acquire the entire issued and to be issued share capital of Elan. Royalty Pharma is proposing, on an indicative basis, to make an offer for Elan (the Possible Offer) of USD111 for every Elan Share and every Elan ADS.
Should Investors Consider ELN After The Recent price Action? Get Free Trend Analysis Here
Glu Mobile Inc. (NASDAQ:GLUU) shares climbed 2.98% to $2.42. The company, last week, announced the availability of the company's new game, Gun Bros 2, available for iPhone, iPad, iPod touch and Mac. The next episode in Glu's original hit freemium franchise, Gun Bros 2 delivers dynamic top-down style gameplay complete with new environments, massive boss fights, and over-the-top weapons.
Get latest News, Updates on GLUU Here
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