Renaissance Technologies Buys Stake in Pfizer; Yahoo Looks to Profit from Alibaba IPO


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NYSE:PFE / NASDAQ:YHOO / PK:RFMK / PK:TRTC
03/25/2014 [ACCESSWIRE]

Pfizer Inc. (NYSE: PFE) – For an in-depth report on Pfizer Inc. follow: www.BullTrends.com/stockquote/PFE

PFE shares closed down 2.14% on Monday with a little over 41.8 million shares traded. The stock was one of the most active in the NYSE and traded in between $31.33 and $31.90 a share. The New York–based quant hedge fund Renaissance Technologies initiated positions in Pfizer Inc. that accounts for 0.55% of the fund’s portfolio.

Yahoo! Inc. (NASDAQ: YHOO) - For an in-depth report on Facebook, Inc. follow: www.BullTrends.com/stockquote/YHOO

Shares of Yahoo Inc. closed down 3.32% on Monday with roughly 29.5 million shares traded. The stock was one of the biggest decliners on the NASDAQ and one of the most active stocks. Yahoo! will be selling 10% of Alibaba in the public offering, which is set to take place in the latter part of the year. And Yahoo! will be keeping a 14% stake in Alibaba.

Rapid Fire Marketing, Inc. (OTC: RFMK) - For an in-depth report on Rapid Fire Marketing, Inc. follow: www.BullTrends.com/stockquote/RFMK

RFMK shares closed up 71.88% on Monday with about 685 million shares traded. The stock was one of the biggest advancers in the OTC market. The company announced last week that it is now fully reporting and listed on the OTCQB. OTCQB companies must be registered with and reporting to the SEC.  Rapid Fire Marketing has now obtained the services of a Market Maker to file, or essentially "sponsor", the Company onto the Over the Counter Bulletin Board (OTCBB). As previously announced, the company will be applying for a name and ticker symbol change with FINRA.

Terra Tech Corp. (OTC: TRTC) - For an in-depth report on Terra Tech Corp. follow: www.BullTrends.com/stockquote/TRTC

Shares of TRTC closed up 18.86% on about 7.8 million shares traded. The stock was one of the biggest gainers in the OTC marketplace. The company, through their medical cannabis subsidiary GrowOp Technology Ltd, announced that they are developing a research and industrial extraction facility focused on the medical cannabis market. The facility will be located in Oakland, CA and is being built in response to what the company views as an increase in demand for high grade CBD as well as other botanical extracts. As a first step the company has purchased a custom 20 liter 5,000 PSI supercritical CO2 extractor from Eden Labs.

 

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