Austin, TX -- (SBWIRE) -- 04/24/2013 -- Jackpotpennystocks.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
Excel Maritime Carriers Ltd (NYSE:EXM) shares gained 17.27% to $0.446. The company, on April 19, announced that it has been contacted by the New York Stock Exchange concerning certain press reports and the high volume of trading in the Company's common shares. The Company's policy is not to comment on market rumors or press reports.
Additionally, Global Hunter Securities started coverage on shares of EXM in a research note released on April 19. The firm issued a sell rating and a $0.50 price target on the stock.
Can EXM Recover After The Recent Gain? Find Out Here
Fusion-IO, Inc.(NYSE:FIO) shares increased 8.88% and closed at $16.80. FIO’s stock had its “neutral” rating restated by equities researchers at Dougherty & Co in a report issued on April 22. They currently have a $18.00 target price on the stock.
Additionally, the company, on Mar. 18, said that it acquired ID7, a UK-based storage technology company specializing in the development of storage software solutions across all types of interfaces including iSCSI, Fibre Channel and InfiniBand. Also, the ID7 engineering team is the primary developer of the SCST storage subsystem.
Can FIO Continue To Move Higher? Find Out Here
Cereplast Inc(PINK:CERP) shares gained 12.59% to $0.0304. The company on April 24 cited that the Supreme Court of India is moving toward stronger legislation to control the country's plastic pollution problem. Cereplast has begun receiving orders and payment for Compostable 3002 for the manufacture of single-use bags, and expects to receive more orders for this material in the near future.
Additionally, the company on April 16, announced its financial results for the year ending December 31, 2012. Net sales for the year ended December 31, 2012 were approximately $0.9 million, compared to $20.3 million in the same period in 2011. Other income and expense, net for the year ended December 31, 2012 was ($10.7) million, as compared to ($1.6) million in the same period in 2011.
How Should Investors Trade CERP Now? Find Out Here
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