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Micro-Caps on the Move; Titan Energy Worldwide Inc. (TEWI), Independence Energy Corp. (IDNG), Medical Marijuana Inc. (MJNA)

Shares of Titan Energy Worldwide Inc. (PINK: TEWI), a company engaged in the management and sale of power generation equipment and energy management solutions to industrial, commercial, and institutional customers globally, have skyrocketed in trading today.

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Major Gainers on March 7; UPL, KEY, AFCE, JPM, AAPL

Shares of Ultra Petroleum Corp. (NYSE: UPL), an independent oil and gas company, are rallying in trading today. At last check, UPL shares were trading 8.42% higher at $18.41 on above average volume of 4.99 million. The stock hit an intra-day high of $18.44 earlier today. UPL shares have gained more than 13% in the last three trading sessions.

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Ciena Corporation Shares Surge on Q1 Results (CIEN)

Shares of Ciena Corporation (NASDAQ: CIEN), a provider of communications networking equipment, software and services that support the transport, switching, aggregation and management of voice, video and data traffic, have surged in trading today after the company reported its financial results for the first quarter ended January 31, 2013.

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Navistar International Shares Surge on Q1 Results (NAV)

Shares of Navistar International Corp. (NYSE: NAV), a manufacturer of International brand commercial and military trucks, are seeing a huge rally in trading today after the company reported its financial results for the first quarter of fiscal 2013.

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Major Movers on March 7; HOTT, SMTC, PETM, SFD, KR, CIEN, TWX

Shares of Hot Topic (NASDAQ: HOTT) skyrocketed 30% after the teen retailer said it has agreed to be taken private by private-equity firm Sycamore Partners in a deal estimated at $600 million in cash, which represents about30% premium over Wednesday’s closing price of the stock.

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Smithfield’s Q3 Results Beat Street’s Estimates (SFD)

World’s largest pork producer, Smithfield Foods Inc. (NYSE: SFD) reported on Thursday that fiscal third-quarter income rose 3% as bottom line was boosted by strong sale growth in its packaged foods business.

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What Smart Hedge Funds are Buying and Selling for Early 2013

Equity markets are continuing to have an excellent run in 2013. Year-to-date, the S&P 500 has gained 6.45% and crossed the psychological 1,500 mark.
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Micro-Caps in Focus; Green Innovations Ltd. (GNIN), Red Giant Entertainment Inc. (REDG), Baristas Coffee co. (BCCI)

Shares of Green Innovations Ltd. (OTC: GNIN), an importer and distributor of bamboo-based hygienic and household products, rallied in trading today.

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VeriFone’s Q1 Results Beat Street’s Estimates (PAY)

Secure electronic payment solutions provider, VeriFone Systems Inc. (NYSE: PAY) announced fiscal first-quarter results late on Tuesday which showed both earnings and revenue edging past Street’s estimates, thanks to higher margins and strong service revenue growth. Shares rallied in afterhours trading as the company swung back into profit in fiscal first quarter; however, the outlook on the full-year disappointed investors.

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Another Lawsuit Filed against Facebook (FB)

A fresh lawsuit has been filed against social networking giant Facebook Inc. (NASDAQ: FB). A Facebook shareholder is seeking to hold the CEO and founder Mark Zuckerberg, directors and officers responsible for the botched initial public offering, and subsequent damages.

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