ReleaseWire Connect

Federal Home Loan Mortgage Corporation (OTC:FMCC) released its U.S. Economic and Housing Market Outlook for April showing that despite the ongoing housing recovery and gains on the construction jobs front, large economic headwinds persist.

Cereplast, Inc. (OTC:CERP) announced preliminary revenue for the first quarter ended March 31, 2013. Cereplast expects to report 2013 first quarter revenue of approximately $900,000 to $1 million, exceeding total revenue for the entire 2012 fiscal year.

Reuters reported that AMR Corporation’s (OTC:AAMRQ)subsidiary American Airlines said its operations returned to normal on Wednesday after it canceled nearly 1,000 flights on Tuesday because of a computer outage.

Lot78, Inc. (OTCQB:LOTE) announced the appointment of Mr. Clive Darby to the Advisory Board.

Athersys, Inc. (NASDAQ:ATHX) announced that the Medicines and Healthcare products Regulatory Agency (MHRA) has approved Athersys' application to expand its ongoing Phase 2 study evaluating the administration of MultiStem(R) therapy to patients who have suffered an ischemic stroke.

PetroBakken Energy Ltd. (Pink:PBKEF) had its “sector perform” rating reaffirmed by research analysts at CIBC in a report released on Monday. They currently have an $11.00 target price on the stock.

Harbor Island Development Corp. (OTC:HIDC) through its wholly owned subsidiary BrandSeed Media Services LLC., a multi-channel direct marketing service provider, announced that the Company signed an exclusive print marketing agreement with American Enhancement Products, Inc. (AEP), a global consumer products company.

Life Technologies Corporation (NASDAQ: LIFE) stock is at $73.62, up 0.31 percent from its previous close of $73.40. However, its today’s volume of 12.188 million shares is higher than its usual trading volume of 3.053 million shares. The stock opened the session at $73.75 and touched its highest price point at $73.79, which is also its highest price point in the past 52 weeks. Life Technologies’ lowest price point for the session stood at $73.60.

Apple Inc. (NASDAQ: AAPL) is trading in the range of $400.35 and $420.44 during its latest trading session, creating its new 52 weeks low price point. The stock recorded the volume of 20.983 million shares, significantly higher than its average daily trading volume of 17.406 million shares. Its down move accompanied by high volume shows bearish trend, which is further confirmed by its MACD and EMA charts.

PowerShares QQQ (NASDAQ: QQQ) fund is at $67.90, down 2.99 percent from its previous close of $69.99. The fund opened the session at $68.86 and touched its highest price point at $68.89. PowerShares’ lowest price point for the session stood at $67.77.