Dallas, TX -- (SBWIRE) -- 03/15/2013 -- 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:-
Nevsun Resources (USA)(NYSEAMEX:NSU) shares gained 6.05% to $3.68. The company, on Feb. 21, provides details on 2013 exploration plans on Eritrean properties. Cliff Davis, Nevsun CEO commented that a fresh review of the exploration potential for the mining and exploration licenses has been completed recently. This has highlighted a large number of high quality untested targets both in the immediate Bisha Mine area and on their surrounding properties.
How Should Investors Trade NSU After The Recent Price movement? Find out Here
Integrated Device Technology, Inc. (NASDAQ:IDTI) shares gained 5.85% to $7.42. Atmel Corporation (NASDAQ: ATML), on Mar. 7, announced that it has completed the acquisition of IDTI’s smart metering IC product lines and technologies, further enhancing Atmel's smart energy product portfolio. Terms of the transaction were not disclosed.
Is IDTI a Strong Buying Opportunity After The Recent Slump? Find out Here
France Telecom SA (ADR)(NYSE:FTE) shares climbed 5.73% to $10.89. The company, on Feb. 15, announced that it has decided to sells its entire 20% stake in Sonaecom SGPS SA (Sonaecom) to Sonae SGPS SA (Sonae), which holds 53.17% stake in Sonaecom.
Additionally, the company announced its agreement entered into a put and call option agreement with Sonae and that the call is exercisable by Sonae over the next 18 months and the put will be exercisable by France Telecom SA during the three months following this initial period. They are both exercisable at the same price of EUR 98.9 million.
Is FTE a Buy After The Latest Price Action? Find Out Here
Polycom Inc (NASDAQ:PLCM) shares gained 5.71% to $10.56. The company, on Feb. 27, unveiled the Polycom VVX 300 and Polycom VVX 400 Business Media Phones designed to improve productivity and facilitate collaboration for office and cubicle work environments such as call centers, front desks and administrative and corporate offices.
Additionally, the company, on Mar. 5, announced the Polycom(R) SoundStation(R) Connect, an audio conference solution that lets users bring the gold standard in audio conferencing technology wherever they go.
Is PLCM a Buy After The Latest Price Action? Find Out Here
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