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Alcoa Director Buys 2,470 Shares (AA)

Alcoa Inc. (NYSE: AA) director Ratan Tata, on Thursday, bought 2,470 shares of AA common stock for $8.05 per share, according to a SEC filing. Tata made an investment of $19,879. This is the fourth time in the last one year that Tata has bought AA shares.

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Tsinghua to Acquire Spreadtrum (SPRD)

Shares of Spreadtrum Communications Inc. (ADR) (NASDAQ: SPRD) rallied on Friday after the smartphone chip maker said that it has agreed to be acquired by China’s Tsinghua Holdings Co in deal valued at $1.78 billion.

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Micro-Caps in Focus; Deltathree Inc. (DDDC), Oriens Travel and Hotel Management Corp. (OTHM), Primco Management Inc. (PMCM)

Shares of Deltathree Inc. (OTC: DDDC), a provider of video and voice over Internet protocol telephony services (VoIP), are seeing a huge rally in trading today. At last check, DDDC shares were trading 233.33% higher at $0.0600 on above average volume of 1.44 million. The stock hit an intra-day high of $0.07 earlier today.

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Homebuilders’ Shares Rally after Bernanke’s Dovish Remarks (DHI, KBH, TOL, SPF, LEN, PHM)

Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks.

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Major Movers on July 11; PSMT, DHI, APOL, AMD, RMTI

Shares of PriceSmart Inc. (NASDAQ: PSMT) fell about 3.30% by afternoon trade. The warehouse club operator late on Wednesday said that fiscal third quarter net income rose 18%, aided by higher sales; nevertheless, adjusted earnings fell short of analysts’ estimation. Amid macroeconomic uncertainty, more and more U.S. consumers have been buying goods of daily needs [...]

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Costco Same-Store Sales Rose More Than Expected in June (COST)

Costco Wholesale Corporation’s (NASDAQ: COST) same-store sales rose more-than-expected in June. The discount retailer said that sales for the five week period ended July 7 rose 6% (after including the impact of rise in fuel prices and foreign exchange fluctuations). The Wall Street’s analysts had a consensus forecast for 5.4% growth in same-store-sales, according to [...]

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Micro-Caps on the Move; Premier Brands Inc. (BRND), LiveWire Ergogenics Inc. (LVVV), Nano Tech Entertainment Inc. (NTEK)

Shares of Premier Brands Inc. (OTC: BRND), a consumer goods incubator focusing on the creation, acquisition, and marketing of consumer packaged goods, are seeing a huge rally in trading today. At last check, BRND shares were trading 100% higher at $0.0078 on above average volume of 61.59 million. The stock hit an intra-day high of [...]

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HLC Extends University of Phoenix’s Accreditation (APOL)

For profit education provider, Apollo Group Inc. (NASDAQ: APOL) said in its SEC filing on Wednesday that the Higher Learning Commission (HLC) has reaffirmed accreditation of the University of Phoenix until 2022-2023; however, the university has been placed under “Notice” status for two years.

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Major Movers on July 10; NBR, PCYC, NUS, HELE, FDO

Shares of Nabors Industries Ltd. (NYSE: NBR) plunged about 5.50% by afternoon trade.Late on Tuesday, the drilling contractor said that fiscal second quarter operating earnings will miss analysts’ expectation, citing weak performance in its rig, completion and production services businesses.

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Family Dollar’s Q3 Earnings Beat Estimate (FDO)

Discount retailer, Family Dollar Stores Inc. (NYSE: FDO) said on Wednesday that its fiscal third-quarter net income slipped 3% as lower gross margin offset higher same-store-sales. However, adjusted earnings edged past expectation while revenue was in-line with Street’s estimate.

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