Beststocksdaily.com Issues Investment Alert On (NASDAQ: SHLD), (NASDAQ: CMVT), (NASDAQ: VRNT), (NYSE: HLF), (AMEX: CUR)
Sears Holdings Corporation (NASDAQ: SHLD) stock gained 7.35% to $43.96. The company, last week, announced that CEO Louis J. D'Ambrosio is stepping next month due to health issues involving his family. The company, which operates Sears and Kmart stores, said D'Ambrosio will be replaced by company chairman and its largest shareholder, Edward Lampert. D'Ambrosio will remain on the board until the company's annual meeting in May.
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Comverse Technology, Inc. (NASDAQ:CMVT) shares jumped 7.41% to $4.35. JPMorgan Chase started coverage on shares of Comverse Tech in a research report released on Dec. 20. The firm issued a neutral rating and a $32.00 price target on the stock. Additionally, analysts at RBC Capital downgraded shares of Comverse Tech from an outperform rating to a sector perform rating in a research note to investors on November 1.
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Verint Systems Inc. (NASDAQ: VRNT) stock gained 7.41% to $33.83. The company announced its participation in the 15th Annual Needham Growth Conference, which takes place January 15-17, 2013 at The Palace Hotel in New York, N.Y. Verint representatives, including CEO Dan Bodner, Chief Financial Officer Doug Robinson, and Senior Vice President of Corporate Development Alan Roden, will present on Wednesday, January 16 at 4:50 p.m. ET.
Additionally, there have been media reports today that NICE Systems Ltd. is involved in talks to acquire Verint Systems. The deal would reportedly be valued at $1.5 billion, in cash and stock.
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Herbalife Ltd. (NYSE:HLF) shares climbed 9.45% to $43.80. One of Herbalifes biggest independent distributors, last week, has left the company to sell energy drinks and hes exhorting his 16,000 distributors to join him. Anthony Powell will distribute Verve energy-drink products for Scottsdale, Arizona-based Vemma Nutrition Co., he said in a webcast to his distributors Jan. 6. Spokesmen for Vemma and Herbalife confirmed the move. Powell didnt respond to messages seeking comment.
Additionally, on January 4, Herbalife announced that its acquisition of a manufacturing facility in Winston-Salem, North Carolina, was completed on December 31, 2012. Herbalife also said it would begin production in this facility as early as June 2014.
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Neuralstem, Inc. (NYSEAMEX: CUR) stock jumped 6.45% to $1.32 after the company announced that it received approval from the United States Food and Drug Administration (FDA) to commence a Phase I safety trial of its lead cell therapy candidate, NSI-566, in chronic spinal cord injury patients. This open-label, multi-site study, will enroll up to eight patients with thoracic spinal cord injuries (T2-T12), who have an American Spinal Injury Association (AIS) A level of impairment, between one and two years after injury. AIS A impairment refers to a patient with no motor or sensory function in the relevant segments at and below the injury, and is considered to be complete paralysis.
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