Investorideas.com  big ideas for global investors Search www.investorideas.com
   Member Access       Sign-up       Listings        Stock Directories       Research       Cleantech       Tech Newsletter         Headlines        Video       New Ventures   




NASDAQ Morning Movers; (MLNK), (SOMH), (AEZS), (SWIR)

Category: Investment

Ideas get bigger when you share them...    Repost This

Visit: ModusLink Global Solutions Inc.

New York, New York - January 29, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top percentage gainers on the NASDAQ for January 29th, 2013.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

ModusLink Global Solutions Inc., (NASDAQ:MLNK) trading at $2.86 rose by $0.67 or 30.59% on a volume of 648,454 shares, making it today's top "morning mover" on the NASDAQ.

Investorideas.com Newswire

Somerset Hills Bancorp (NASDAQ:SOMH) trading at $11.40 gained $2.27 or 24.86% on a volume of 50,447 shares.

Somerset Hill Bancorp stocks rose with news of Lakeland Bancorp Inc. LBAI announced earlier today its interest in paying $12 a share to buy Somerset Hills Bancorp. Lakeland Bancorp expects to issue 5.78 million shares of its common stock in the merger, and will also assume outstanding Somerset Hills Bancorp stock.

This combined with a large amount of insider trading, which saw buying by Chief Financial Officer Alfred J. Soles, has seen the stock rise.

AEterna Zentaris Inc., (NASDAQ:AEZS) trading at $3.294 moved up $0.54 or 19.78% on a volume of 2,996,002 shares.

Sierra Wireless Inc., (NASDAQ:SWIR) trading at $10.47 gained $1.31 or 14.30% on a volume of 743,389 shares.

Earlier yesterday Netgear (NASDAQ:NTGR) announced that it has agreed to acquire "select assets and operations" of Sierra Wireless' AirCard mobile broadband device business.

Netgear will pay approximately $138 million cash to acquire "customer relationships, certain intellectual property, inventory and fixed assets of the Sierra Wireless AirCard." Regulators permitting, the deal is expected to close in March.

Sierra Wireless said the deal covering "substantially all" of the AirCard business also includes roughly $6.5 million in assumed liabilities. Some 160 employees will be transferred to Netgear. Sierra Wireless expects to realize net cash proceeds of approximately $100 million from the sale and use proceeds to continue its acquisition strategy in the machine-to-machine (M2M) market.

About NASDAQ

http://www.nasdaq.com/

About InvestorIdeas.com:

InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas

Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com

Sign up for the free investor news and stock alerts at Investorideas.com

http://www.investorideas.com/Resources/Newsletter.asp

Become an Investorideas.com Member and access our 14 online stock directories 24/7 - water, renewable energy, mining stocks and more…

http://www.investorideas.com/membership/

Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.

BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

800-665-0411 - Source - www.Investorideas.com


Free News Alerts
Email:  

Read more News





TOP

Investor Ideas © 2000 - 2014 InvestorIdeas.com®, ECON

Free Investor Stock Alerts
Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |