Stocks Recap: Oclaro, EnCana Corporation, Facebook Inc, The Gap Inc

Dallas, TX -- (SBWIRE) -- 03/08/2013 -- Marketbuzzreport.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:-

Oclaro, Inc. (NASDAQ:OCLR) shares jumped 4.17% and closed at $1.25 in the last trading session. The company, last month, announced significant advancements in its red laser diodes that has enabled them to reduce the size of 4 beam red laser diodes by 75 percent (from TO9.0mm to TO5.6mm) and 8 beam red laser diodes by 80 percent (from TO16.0 to TO9.0mm.)

Is OCLR a Strong Buy After The Recent Gain? Let’s Find out Here

EnCana Corporation (USA) (NYSE:ECA) shares gained 4.16% to $19.04. The company, on Feb. 14, announced that the Board of Directors has declared a quarterly dividend of 20 cents per share payable on March 28, 2013 to common shareholders of record as of March 15, 2013.

Additionally, the company last month announced that its fiscal 2013 liquids production guidance is expected to range between 50,000 and 60,000 barrels per day.

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

Facebook Inc (NASDAQ:FB) stock jumped 4.10% to $28.58. The company yesterday said it appointed Susan Desmond-Hellmann as member of its board of directors. Hellman is the second woman to join the board of the social networking giant. She is the current chancellor of the University of California, San Francisco (UCSF) and also a member of the board of The Procter & Gamble Company

Additionally, the company recently said it will unveil a new look for its popular "newsfeed" next week, the latest move by the Web company to revamp key elements of its 1 billion member social network. Facebook will showcase the newsfeed makeover at a media event on March 7 at its Menlo Park, California headquarters, the company said in an emailed invitation to reporters last week.

Should Investors Consider FB After The Recent price Action? Get Free Trend Analysis Here

The Gap Inc. (NYSE:GPS) stock climbed 4.09% to $35.87. The company, on Feb. 28, announced that its Board of Directors has approved a plan to increase the company's annual dividend per share by 20 percent, from $0.50 in fiscal year 2012 to $0.60 in fiscal year 2013. The first quarterly dividend of $0.15 per share was declared for payment on or after May 1, 2013 to shareholders of record at the close of business on April 10, 2013. Additional quarterly dividends are expected to be paid in July, October, and January.

Should Investors Consider GPS After The Recent price Action? Get Free Trend Analysis Here

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