Alcoa Inc. Hits New Yearly High; SouFun Holdings Upgraded to BUY at Goldman Sachs


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Companies Mentioned

NYSE:AA / NASDAQ:LLTC / NYSE:SFUN / OTC:BB:MYRY
04/17/2014 [ACCESSWIRE]

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

Shares of AA closed up 2.84% on Wednesday with about 36.9 million shares traded. The stock was one of the most active stocks on the NYSE and hit a new yearly high of $13.44 during intra-day trading. Zacks Equity Research released an article on why the stock may be a great pick.

Linear Technology Corporation (NASDAQ: LLTC) – For an in-depth report on Linear Technology Corporation follow: www.BullTrends.com/stockquote/LLTC

Shares of LLTC closed down 4.37% on about 7.1 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The drop came despite meeting analysts’ expectations in its fiscal third quarter results. The company however issued a soft guidance for the fourth quarter.  For the fiscal third quarter Linear Technology reported earnings of 48 cents a share, in-line with estimates from analysts surveyed by Thomson Reuters.

SouFun Holdings Ltd. (NYSE: SFUN) – For an in-depth report on SouFun Holdings Ltd. follow: www.BullTrends.com/stockquote/SFUN

Shares of SFUN closed up 7.47% on about 11.3 million shares traded almost. The stock was one of the biggest gainers on the NYSE. The company was upgraded to "buy" from "neutral" at Goldman Sachs. "We believe SouFun has transformed from being competitively challenged (especially in e-commerce) into one of the most defensive vertical leaders due to sustained strength in marketing and listing services," Goldman Sachs said.

Myriad Interactive Media, Inc. (OTCBB: MYRY) – For an in-depth report on Myriad Interactive Media, Inc. follow: www.BullTrends.com/stockquote/MYRY

Shares of MYRY closed up 34.38% on about 9.6 million shares traded. The stock was one of the biggest gainers in the OTCBB marketplace. The company announced that they have closed one of two deals that were initiated during their recent trip to Germany. This is the first of many anticipated licensing agreements with Dr. Reiner Knizia, a world famous game designer and Gaming Hall of Fame legend, who has published over 500 games globally.

 

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