Lakeway, NY -- (SBWIRE) -- 03/05/2013 -- ThePennyStockProfiler.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:-
Cereplast Inc (PINK:CERP) shares increased 1.39% to $0.0360. The company, on Feb. 20, announced the incorporation of a new wholly owned subsidiary, Algaeplast™, Inc. Algaeplast’s focus will be the development and manufacture of algae-based bioplastics.
Additionally, the company, on Feb. 7, announced that it has appointed Mr. Michael Okada as Chief Financial Officer, effective February 5, 2013. Mr. Okada has been the acting Interim Chief Financial Officer of the Company since February 2012.
How Should Investors Trade CERP After The Recent Price movement? Find out Here
Synovus Financial Corp. (NYSE:SNV) stock jumped 3.17% to $2.60 after the company declared a quarterly dividend on Tuesday, March 5th. Shareholders of record on Thursday, March 21st will be given a dividend of $0.01 per share on Monday, April 1st. This represents a $0.04 dividend on an annualized basis and a yield of 1.59%.
Is SNV a Strong Buying Opportunity After The Recent Slump? Find out Here
EnteroMedics Inc (NASDAQ:ETRM) stock jumped 6.25% to $0.945. The company, on Feb. 27, announced the closing of its previously announced public offering of 13,770,000 shares of its common stock and warrants to purchase 5,508,000 shares of its common stock. Each share of common stock sold in the offering was sold with a warrant to purchase 0.40 of a share of common stock at an aggregate price to the public of $0.95 per share and corresponding warrant. Total net proceeds to the Company from the offering are approximately $12.0 million after deducting underwriting discounts and commissions and estimated offering expenses.
Is ETRM a Buy After The Latest Price Action? Find Out Here
NQ Mobile Inc (ADR) (NYSE:NQ) shares gained 6.07% to $8.56 after the company said it will provide its products to subscribers of America Movil SAB, the Mexican wireless carrier controlled by billionaire Carlos Slim. America Movil will begin offering NQ Mobile’s products for security, privacy and family protection to its 262 million subscribers in Latin America this year.
Get latest News, Updates on NQ Here
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