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NASDAQ Top Gainers; (MERU), (HTCH), (CWBC), (BIOC)

Category: Investment

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New York, New York - January 30, 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 30th, 2013.

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Meru Network Inc., (NASDAQ:MERU) trading at $3.3099 gained $0.91 or 37.91% on a volume of 1,146,570 shares.

Hutchinson Technology Inc., (NASDAQ:HTCH) trading at $2.82 moved up $0.53 or 23.14% on a volume of 477,496 shares.

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Community West Bancshares (NASDAQ:CWBC) trading at $4.30 gained $0.75 or 21.13% on a volume of 61,210 shares.

Community West Bancshares (CWBC), parent company of Community West Bank, reported positive earning results yesterday, stating that it earned $2.3 million in the fourth quarter of 2012 compared to net income of $613,000 in third quarter of 2012 and a net loss of $8.6 million in the fourth quarter a year ago. For the full year, Community West reported net income of $3.2 million compared to a net loss of $10.5 million a year ago. This showed a positive outlook for the company and their current 2013 strategic plan.

BioClinica Inc., (NASDAQ:BIOC) trading at $7.21 rose by $1.17 or 19.37% on a volume of 1,965,328 shares.

Shares of BioClinica Inc., rose with the news today which stated that a private equity firm plans to buy BioClinica Inc., in a deal valued at about $123 million.

BioClinica, based in Newtown, Pa., said earlier today that its board of directors has unanimously approved the deal, wherein JLL Partners Inc. will pay $7.25 for each BioClinica share, which represents a 20 percent premium to yesterday’s closing price of $6.04.

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