Company News for March 13, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Following POSCO's (NYSE: PKX ) announcement that it will increase its stake in FuelCell Energy, Inc. (NASDAQ: FCEL ) the company's shares gained 7.3%

•    Former executive of Wal-Mart Stores Inc (NYSE: WMT ) Brian Cornell is expected to join the company as CEO as John Compton is expected to take over as president of the retail major

•    Shares of Velti plc (NASDAQ: VELT ) jumped 27.2% following higher-than-expected revenue guidance for the first quarter

•    Zoll Medical Corporation's (NASDAQ: ZOLL ) shares leapt 23.8% after Asahi Kasei agreed to buy it for around $2.2 billion

FUELCELL ENERGY ( FCEL ): Free Stock Analysis Report
POSCO-ADR ( PKX ): Free Stock Analysis Report
VELTI PLC ( VELT ): Free Stock Analysis Report
WAL-MART STORES ( WMT ): Free Stock Analysis Report
ZOLL MEDICAL CO ( ZOLL ): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: FCEL , PKX , VELT , WMT , ZOLL

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