ReleaseWire Connect

Groupon Inc. (NASDAQ: GRPN), the Chicago, Illinois-based daily deals site, is gaining in mid-day trading today, reversing some of the losses from the previous trading sessions. GRPN had fallen nearly 4% on Wednesday even as the company launched the Merchant Impact Report, a free tool built into the Groupon Merchant Center that offers merchants a clear view of how GRPN is driving their business by making it possible to assess the performance of their promotion.

Rite Aid Corporation (NYSE: RAD), a retail drugstore chain in the U.S., is up sharply in mid-day trading today, extending its gains from the previous trading sessions. RAD has finished higher in each of the previous seven trading sessions. The stock has bounced back after falling sharply earlier in the month. RAD had slipped after it reported a 2.2% decline in same-store sales for December.

Sony Corporation (ADR) (NYSE: SNE), a designer, developer, manufacturer and seller of electronic equipment instruments and devices for consumer, professional and industrial markets worldwide, is up sharply in mid-day trading today, reversing the losses from the last two trading sessions.

Organovo Holdings Inc. (PINKSHEETS: ONVO), a developer of 3D bioprinting technology, is up sharply in mid-day trading today, extending its gains for the week. At last check, ONVO was trading 6.84% higher at $4.06 on volume of 650,249. The stock has had an excellent run this week, gaining nearly 25%.

Zippy Bags Inc. (OTCQB: ZPPB), a specialty hybrid sporting goods bag manufacturing company, is down sharply in mid-day trading today even as the company announced a 2 for 1 stock dividend. Janet Somsen, CEO of ZPPB, said that with the addition of numerous shareholders and the company’s expanding market awareness it is the management’s intention and obligation to ensure that old and new shareholders have confidence in the company.

The almost $257 million purchase of A123 Systems, Inc. (PINKSHEETS: AONEQ) by a Chinese conglomerate awaits the approval of a secretive federal panel, called the Committee on Foreign Investment in the US, that overlooks foreign acquisitions of American businesses in order to protect national security. A123 Systems, Inc. designs, develops, manufactures and sells rechargeable lithium-ion and energy storage systems. In the transportation industry market, the Company works with global automotive manufacturers and tier 1 suppliers to develop batteries and battery systems for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles, (EVs).

Nestle (PINKSHEETS: NSRGY) opened at $66.98 and oscillated in the range of $66.95 and $67.29 in the latest trading session. It closed at $67.13, up 0.26 percent from its previous close of $66.96. Nestle shows bullish trend and the stock’s first resistance level is at $67.48. On the downside, it may slip to $66.86. Upon breaching this level, the stock may touch $66.19. Nestle is a global nutrition, beverage and food products company. It has many popular brands such as Kit Kat, Nescafe and Poland Spring in its portfolio. The company is based out of Switzerland and it was formed in 1866.

Organovo Holdings Inc. (PINKSHEETS: ONVO) stock closed its latest trading session at $3.80, down 0.26 percent from its previous close of $3.81. However, its today’s volume of 871k shares was higher than its usual trading volume of 485k shares. The stock opened the session at $3.92 and touched its highest price point at $3.92. Organovo Holdings stock’s lowest price point for the session stood at $3.71. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $3.61. Organovo Holdings is engaged in the business of 3D bioprinting. It is based out of California.

On Tuesday, Facebook Inc. (NASDAQ: FB) hosted its much-awaited press event at its Menlo Park Campus. Ever since Facebook announced that it will be holding a press event, there was speculation among investors and analysts over what the company was planning to introduce.

World Moto Inc. (OTCQB: FARE) traded in the range of $0.0501 and $0.0745 during its last trading session. The stock had opened at $0.07 and closed at $0.0541, down 27.38 percent from its previous close. World Moto has its first support level at $0.04 while it faces the resistance at $0.09. If the stock breaches this level, it may touch $0.12. World Moto recorded the volume of 33.697 million shares. The company recently reported that it is set to begin its manufacturing operations. It is involved in the business of developing Moto meters. World Moto is based out of Thailand.