Lakeway, TX -- (SBWIRE) -- 03/14/2013 -- Bestdamnpennystocks, 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:-
The Men's Wearhouse, Inc. (NYSE:MW) moved up 14.36% to $33.24 on a traded volume of 1.50 million shares. The Company said it has hired Jefferies & Co. to explore strategic alternatives for its K&G business. The unit, which sells discontinued name brand items and about 16% of the company's total fourth-quarter sales, saw a disappointing 5.7% drop in comparable sales.
How Should Investors Trade MW After The Recent Movement? Find Out Here
Seven Arts Entertainment Inc. (PINK: SAPX) increased 1.79% to $0.0057 on a traded volume of 4.85 million shares. So far this year, the stock is down over 99%. The 52-week range for the stock is $0.00 and $17.37. Seven Arts Entertainment, Inc. is a motion picture production and distribution company engaged in developing, financing, producing and licensing theatrical motion pictures for exhibition in domestic and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Is SAPX Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Glu Mobile Inc. (NASDAQ:GLUU) went up 4.36% to $2.87 on a traded volume of 1.24 million shares. The Company announced that on March 12, 2013, its Compensation Committee awarded stock options to purchase an aggregate of 184,000 shares of Glu`s common stock to eight newly hired employees pursuant to Glu`s 2008 Equity Inducement Plan.
The Company announced the availability of the company's first real-money mobile gambling offering through Probability plc, the mobile entertainment gambling provider. The mobile slot game features intellectual property from Glu's popular Samurai vs. Zombies Defense and is made available to mobile real-money gamers in the UK through Probability's distribution network.
Is GLUU a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Finisar Corporation (NASDAQ:FNSR) increased 6.68% to $14.86 on a traded volume of 948 k shares. 3S PHOTONICS and Finisar Corporation announced their formal agreement to launch a partnership for the development of a new packaging platform for 980nm cooled laser pump modules. Under this agreement, 3S PHOTONICS will be the exclusive supplier of the 980nm laser chips used for this platform, and Finisar will implement a manufacturing line based on this platform in its newly expanded facilities in Wuxi, China.
How Should Investors Trade FNSR After The Latest Earnings Report? Find Out Here
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