Earnings Season Stock Report: Facebook Inc, Advanced Micro Devices, Implant Sciences, Zippy Bags, AMR Corporation
NEW YORK, January 17, 2013 /PRNewswire/ --
Markets yesterday were seen trading sideways and failed to reclaim some of its gains even as 2 of the biggest investment banks posted positive earning for the 4th quarter. The Stock Freak has a team of well diverse market professionals that has combined experience of over 30 years that today are providing members with a quick research report on 5 companies.
Facebook (NASDAQ: FB) - Facebook has been toping the headlines lately, as they are to announce their 4th quarter and Fiscal 2012 results on Jan 30th 2013 after market close. The company unveiled a new search tool earlier this week that enables its large audience of users to search for specific data both inside and outside of their networks of contacts on the social site. Company CEO Mark Zuckerberg said "We built something that we're very proud of". On Jan 7th 2013 Theodore Ullyot Vp , Gen. Counsel & Secretary sold 51,270 shares for an average price per share of $28.74 fro the total sum of $ 1,473,730.00
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Advanced Micro Devices (NYSE: AMD) - AMD saw a sudden jump in volume and share price yesterday as the company announced that it has launched the AMD Open 3.0 platform. AMD Open 3.0 enables substantial gains in computing flexibility, efficiency and operating cost by simplifying motherboard design with a single base product to address multiple enterprise workloads. The stock traded well over 31 million shares yesterday and closed up 1%. On Jan 10th 2013 Bruce Claflin , Director, bought 3448 shares.
Implant Sciences (OTC:IMSC) Implant Sciences reported yesterday that their Explosives Trace Detector has successfully met the requirements for acceptance onto the Air Cargo Screening Technology List. The company has received approval form the TSA for their QS-B220 Quantum Sniffer. The Quantum Sniffer™ QS-B220 uses Ion Mobility Spectrometry to rapidly detect and identify trace amounts of a variety of military, commercial, and homemade explosives, as well as drugs. The stock traded over 10 times its daily volume and closed up 22%from its previous close.
Zippy Bags (OTC:ZPPB) - Zippy Bags had another big day in volume yesterday as the stock traded well over it daily average volume. The company just recently announced that it would be issuing a 2 for 1 stock dividend. Janet Somsen CEO of Zippy bag inc quoted ""With the addition of numerous shareholders and our expanding market awareness it is our intentions and obligations to ensure that our old and new shareholders have confidence in the Company and our forward looking goals". The stock yesterday traded just over 8 million shares and closed the day down 5% form its previous close.
Amr Corporation (OTC:AAMRQ) - Amr Corporation although in bankruptcy has been in the top spot for most traded stocks on the OTC market for a better part of a week. AMR Corporation announced Fourth Quarter 2012 Net Profit Of $262 Million, A $1.4 Billion Improvement Over Fourth Quarter 2011. On Jan 15th Us Airways Proposed AMR Merger in April the company has yet to make a decision. The stock was seen trading yesterday up almost 1%.
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