Kolkata, West Bengal -- (SBWIRE) -- 09/30/2013 -- 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 Zynga Inc(NASDAQ:ZNGA), Alcoa Inc (NYSE:AA), MGM Resorts International (NYSE: MGM).
Zynga Inc(NASDAQ:ZNGA) shares decreased 1.32% to $3.73. According to a Sept. 9 filing at a California state court, Zynga Inc (NASDAQ:ZNGA) and its former studio general manager reconciled a trade-secrets misappropriation case. Last October, San Francisco-based Zynga litigated Alan Patmore in San Francisco County Superior Court, blaming him for bringing companies files with him when he joined Zynga’s rival Kixeye.
Should Investors Buy ZNGA After Yesterday’s Jump? Find Out Here
Alcoa Inc (NYSE:AA) shares declined 0.37% to $8.17. The company on Sept. 23 was awarded Metal Bulletin's top innovation prize for the company's breakthrough technology enabling the production of more aluminum-intensive vehicles. Alcoa's invention, an aluminum bonding technology, won "Best Product Innovation" of 2013 at the publication's Global Awards for Aluminium Excellence in Geneva.
Alcoa's technology, called Alcoa 951, is an aluminum pretreatment process that results in enhanced adhesive bonding durability and overcomes previous challenges with joining aluminum to itself or other materials.
How Should Investors Trade AA After The Recent Volatility? Get Free Trend Analysis Here
MGM Resorts International (NYSE: MGM) shares dropped 0.15% to $20.19. Cantor Fitzgerald upped their target price on shares of MGM Resorts International to $23.00 in a research note issued on Sept. 24. The firm currently has a “buy” rating on the stock.
Additionally, the company on Sept. 6 was ordered to rehire a condominium sales employee and pay about $325,000 in damages under whistle-blower provisions of the Sarbanes-Oxley Act. The employee worked at The Signature at MGM Grand, a condominium and hotel complex on the Las Vegas Strip, according to a statement from the U.S. Department of Labor’s Occupational Safety and Health Administration.
Should Investors Buy MGM After Yesterday’s Jump? Find Out Here
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