Kolkata, West Bengal -- (SBWIRE) -- 10/02/2013 -- Specialpennystockalert.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 Wendy's Company (NASDAQ:WEN), Lions Gate Entertainment Corp. (USA) (NYSE:LGF), Alcatel Lucent SA (ADR) (NYSE:ALU).
The Wendy's Company (NASDAQ:WEN) shares jumped 4.01% to $8.82. The company on Sept. 18 announced that Margaret R. Nollen ("Meg") has been named to the new position of Senior Vice President, Investor Relations and Strategy, effective immediately.
Additionally, WEN’s stock was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a note issued to investors on Sept. 12. The firm currently has a $10.00 price target on the stock. Separately, analysts at Zacks reiterated an “outperform” rating on shares of WEN in a research note to investors on August 16. They now have a $9.25 price target on the stock.
Should Investors Buy WEN After Yesterday’s Jump? Find Out Here
Lions Gate Entertainment Corp. (USA) (NYSE:LGF) shares jumped 3.99% to $36.45. Kaleidescape, Inc., on Oct. 1 announced it has signed a multiyear agreement with Lionsgate (NYSE: LGF) to offer content for purchase and download through the Kaleidescape Store. With this agreement, Kaleidescape adds approximately 2,000 titles to the store's catalog, allowing Kaleidescape users to enjoy even more of the best movies in the highest audio and video quality, with the added convenience of Internet delivery. The agreement with Lionsgate represents recognition from another studio of the Kaleidescape Experience and its ability to deliver a truly cinematic movie-watching experience with the convenience of purchasing movies electronically.
Is LGF A Good Buy After The Recent Price Movement? Find Out Here
Alcatel Lucent SA (ADR) (NYSE:ALU) shares gained 3.97% to $3.67. The company on Sept. 24 announced that it will deploy an IP-based mobile backhaul network to support LTE-Advanced services for SK Telecom (NYSE: SKM, KSE: 017670), Korea's largest mobile operator.
Additionally, ALU and SaskTel, the full service communications provider in the Canadian province of Saskatchewan, on Sept. 12 have announced the successful trial of fiber-optic data transmission that could enable the delivery of data at speeds of up to 400G (gigabytes-per second) over a network originally built for 10G traffic.
Should Investors Buy ALU After Yesterday’s Jump? Find Out Here
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