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New York, NY -- (SBWIRE) -- 02/28/2013 -- Meru Networks Inc. (NASDAQ:MERU) stocks risen 19.76% to $4.91. The organization, on Feb. 26, said that it started a community providing of its typical inventory. The organization desires to allow the expert a 30-day choice to buy up to an extra 15% of the stocks of typical inventory provided in the community providing complete to protect overallotments, if any. The providing is topic to promote circumstances and there can be no guarantee as to whether or when the providing may be finished, or as to the real dimension or conditions of the providing. Bill Blase & Company, L.L.C. Is performed as the only expert.
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Ku6 Media Co. Ltd. (NASDAQ:KUTV) is an online video company in China. Through its online brand Ku6 and its online video Website www.ku6.com, the Company provides video information services and entertainment to viewers in China. As an online video portal, www.ku6.com offers news, reports and interactive entertainment programs and also provides a video platform for video-sharing and watching user generated content (UGC).Shares of Ku6 Media Co., Lt (NGM:KUTV) are trading at $1.2899 and is +16.76% from its 50-day Moving Average price of $1.1047 and +20.69% from its 200-day Moving Average price of $1.0688. The average trading volume is 24398 shares and its market capitalization is $61.2M.
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Impac Mortgage Holdings Inc. (NYSE:IMH) operations include the mortgage and real estate fee-based business activities conducted by its subsidiaries: Integrated Real Estate Service Corporation (IRES), IMH Assets Corp. (IMH Assets) and Impac Funding Corporation (IFC).Share of IMH is -2.42 - -15.95% from the previous close of $15.17. It traded between $13.20 - 14.64 with total traded volume of 66974 shares. Keep a close eye on IMH, as the stock has been showing unusual moves over the past weeks. At Current market price, IMH has recovered +560.62% from its 52-week Low of 1.93 and has Pulled back -29.17% from its 52-week high of 18.00.
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Vicon Industries, Inc. (NYSE:VII) announced that its Chief Executive Officer or CEO, Kenneth Darby has informed the Board of Directors of his decision to retire from his position no later than December 31, 2013. Darby will continue to serve in his current capacity, until a successor is named and the CEO transition is complete.
The company said its Board has formed a search committee and has retained The Onstott Group, an executive recruiting firm, to assist in the CEO selection process of both internal and external candidates.
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