Investors Recap: Bank of America Corp, Organovo Holdings, Facebook Inc, Baidu Incadmin
New York, January 03, 2014 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Organovo Holdings Inc (NYSEMKT:ONVO), Facebook Inc (NASDAQ:FB), Baidu Inc (ADR) (NASDAQ:BIDU), Bank of America Corp(NYSE:BAC).
Organovo Holdings Inc (NYSEMKT:ONVO) stock gained 2.75% to $11.60 in the pre-market hour. A bio-printing company based in San Diego is expecting to unveil the world’s first printed organ – a human liver – by next year. The major stumbling block in creating tissue has remained with manufacturing of the vascular system that is needed to provide it with life-sustaining oxygen and nutrients. Organovo, however, said that it has been able to overcome that vascular issue to a degree.
Additionally, Research analysts at JMP Securities started coverage on shares of Organovo Holdings in a report released on Dec. 18. The firm set a “market perform” rating on the stock.
Free Urgent Insider Catalyst Report For ONVO Available Here: http://marketbuzzreport.com/index.php?code=ONVO (Or Copy and paste the URL into your browser)
Facebook Inc (NASDAQ:FB) shares jumped 0.77% to $55.13 in the pre-market hour. Two Facebook users are taking the company to court over claims it mines private messages for data that is then sold to third parties. The lawsuit filed earlier this week alleges that Facebook (FB, Fortune 500) scans messages between users labeled “private” for links and other information that can be sold to advertisers, marketers and data aggregators.
Additionally, the company on Dec. 20 announced the pricing of its underwritten registered public offering of 70,000,000 shares of its Class A common stock at a price to the public of $55.05 per share. A total of 27,004,761 shares are being offered by Facebook, and a total of 42,995,239 shares are being offered by certain selling stockholders, including 41,350,000 shares offered by Mark Zuckerberg. Closing of the offering is expected to occur on December 26, 2013, subject to customary closing conditions.
Free Urgent Insider Catalyst Report For FB Available Here: http://marketbuzzreport.com/index.php?code=FB (Or Copy and paste the URL into your browser)
Baidu Inc (ADR) (NASDAQ:BIDU) shares gained 0.39% to $180.70 in the pre-market hour. The company on Dec. 18 announced that its PC security software Baidu Antivirus was named this year’s “most promising antivirus” in Softonic.com’s Big Antivirus Comparison. In addition to the award, Baidu Antivirus also claimed third place in system performance out of the many top PC security products evaluated in the comparison.
Free Urgent Insider Catalyst Report For BIDU Available Here: http://marketbuzzreport.com/index.php?code=BIDU (Or Copy and paste the URL into your browser)
Bank of America Corp (NYSE:BAC) tacks more onto yesterday 3.4% move, touching its highest level in nearly three years. Yesterday’s catalyst looked to be an upgrade from Citi, but that report added little to the widely-known bull case on BofA. Perhaps a favorable ruling on the bank’s Article 77 hearing – in which a judge can uphold or throw out BofA’s $8.5B mortgage settlement with investors – is at hand. The Bank of America Tarp Warrants (A-series) – struck at $13.30 and expiring in January 2019 – are higher by 2.9% to $6.90.
Free Urgent Insider Catalyst Report For BAC Available Here: http://marketbuzzreport.com/index.php?code=BAC (Or Copy and paste the URL into your browser)
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Posted: January 3rd, 2014 under ACCESSWIRE.