Five Star Equities Issues New Research Reports on KONG, LAYN, MFRM and UTIW


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Companies Mentioned

NASDAQ:KONG / NASDAQ:LAYN / NASDAQ:MFRM / NASDAQ:UTIW
09/09/2013 [ACCESSWIRE]

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KongZhong Corporation (NASDAQ: KONG) shares surged 23.86 percent to close at $14.69 share Friday. The stock traded between $11.77 and $14.92 on volume of 2.61 million shares traded. The company announced that it has begun its 2nd Closed Beta Test (CBT) of the Award winning MMORPG Guild Wars 2. Shares of KongZhong have gained approximately 165.0 percent year-to-date.

Get more information on KongZhong and free access to the in-depth equity report at:  
www.FiveStarEquities.com/KONG

Layne Christensen Company (NASDAQ: LAYN) shares declined 3.31 percent to close at $18.96 a share Friday. The stock traded between $18.12 and $19.09 on volume of 458,421 shares traded. The company reported revenues were $232 million for the second quarter of fiscal 2014, compared to revenues of $288 million a year ago.  Shares of Layne Christensen have gained approximately 22.0 percent year-to-date.

Get more information on Layne Christensen and free access to the in-depth equity report at:  
www.FiveStarEquities.com/LAYN

Mattress Firm Holding Corp. (NASDAQ: MFRM) shares dropped 14.63 percent to close at $35.59 a share Friday. The stock traded between $34.50 and $36.13 on volume of 2.91 million shares traded. The company reported net sales were $302.5 million for the second quarter of fiscal 2013. Shares of Mattress Firm have gained approximately 45.0 percent year-to-date.

Get more information on Mattress Firm and free access to the in-depth equity report at:  
www.FiveStarEquities.com/MFRM

UTi Worldwide Inc. (NASDAQ: UTIW) shares declined 5.92 percent to close at $16.04 a share Friday. The stock traded between $15.44 and $16.50 on volume of 2.52 million shares traded. The company reported a net loss of $4.4 million for the second quarter of fiscal 2014, compared to a net income of $18.9 million a year ago. Shares of UTi Worldwide have gained approximately 20.0 percent year-to-date.

Get more information on UTi Worldwide and free access to the in-depth equity report at:  
www.FiveStarEquities.com/UTIW

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Five Star Equities has no financial relationship with any company whose stock is mentioned in this release.

Contact:      
Five Star Equities
info@fivestarequities.com

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