ReleaseWire Connect

Organovo Holdings Inc. (PINK:ONVO) recently revealed that it is working alongside Autodesk Inc. to create the very first 3D design software to use for bioprinting. The software will be used to control Organovo’s Novogen MMX bioprinter. “Autodesk is an excellent partner for Organovo in developing new software for 3D bioprinters,” stated Keith Murphy, Chairman and CEO of Organovo. “This relationship will lead to advances in bioprinting, including both greater flexibility and throughput internally, and the potential long-term ability for customers to design their own 3D tissues for production by Organovo.” Organovo Holdings, Inc. (Organovo), formerly Real Estate Restoration & Rental, Inc., is a development-stage company.

NorthStar Realty Finance Corp. (NYSE:NRF) stock closed its latest trading session at $7.81, up 2.49 percent from its previous close of $7.62. The stock shows bullish trend as it made the up move with trading volume of 2.289 million shares, in contrast to the average daily trading volume of 2.095 million shares. Its bullish trend is further confirmed by its MACD chart and the stock is also trading higher than its 6 days EMA of $7.61. NorthStar Realty Finance is a real estate investment trust. The company is based out of New York and deals in real estate debt products.

Standard Pacific Corp. (NYSE: SPF) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $7.87 and remained in $7.78 and $8.10 price range during the session. The stock closed 2.56 percent higher at $8.00. Standard Pacific’s first support level is at $7.87. Upon breaching this level, the stock may go as low as $7.73. On the upside, its first resistance level is at $8.03. Standard Pacific is a diversified builder outfit. It deals in single family houses and is operational in various US markets including California and Texas.

Office Depot Inc. (NYSE: ODP) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $4.04 and remained in $4.03 and $4.26 price range during the session. The stock closed 4.96 percent higher at $4.23. Office Depot’s first support level is at $3.96.

Boston Scientific Corporation (NYSE: BSX) traded in the range of $6.46 and $6.66 during its latest trading session. The stock recorded the volume of 21.646 million shares, significantly higher than its average daily trading volume of 15.294 shares. Its up accompanied by high volume shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock had opened at $6.47 and closed at $6.61, up 2.48 percent from its previous close of $6.45. The stock’s first resistance level is at $6.72. Boston Scientific is scheduled to announce its fourth quarter and full year financial numbers of January 29th.

AMR Corporation (OTCQB: AAMRQ) unveiled a new logo and exterior for its planes, including the already delivered Flagship Boeing 777-300ER aircraft set to fly on Jan. 31. In addition, American plans to continue taking delivery of new planes this year as part of its historic orders for 550 new aircraft.

K Swiss Inc. (NASDAQ:KSWS), a designer, developer and marketer of high performance and casual athletic footwear, is seeing a huge rally in mid-day trading today after the company agreed to be acquired by E. Land World Ltd. Under the terms of the agreement, E. Land will acquire KSWS for $4.75 per share in an all cash transaction.

eBay Inc. (NASDAQ:EBAY), a global commerce platform, is up sharply in mid-day trading today, extending its gains from the previous trading session. EBAY had risen 0.75% on Wednesday after the company reported strong fourth-quarter financial results. In today’s trading, EBAY has gained 3.29% to $54.64 on volume of 19.75 million, which is well above the daily average volume of 9.60 million.

Chimera Investment Corporation (NYSE: CIM), a specialty finance company investing in residential mortgage-backed securities, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. CIM has been gaining momentum after the company this week announced that it received an additional 30-day extension for continued listing and trading of its common stock on the New York Mercantile Exchange (NYSE).

Oi SA (ADR) (NYSE: OIBR), a Brazil-based company engaged in the telecommunication sector, is up sharply in mid-day trading today. At last check, OIBR was trading 2.24% higher at $4.34 on volume of 304,930, which is well below the daily average volume of 2.12 million.