ReleaseWire Connect

Yahoo! Inc. (NASDAQ: YHOO) opened at $22.43 and oscillated in the range of $22.36 and $22.95 in the latest trading session. It is at $22.82, up 3.29 percent from its previous close of $22.09. Yahoo shows bullish trend and the stock’s first resistance level is at $23.00. Upon breaching this level, the stock may touch $23.15. On the downside, it may slip to $22.65. The stock has traded 12.627 million shares so far in the session, in comparison to its usual trading volume of 19.96 million shares.

Obagi Medical Products, Inc. (NASDAQ:OMPI) announced that it entered into a definitive merger agreement with Valeant Pharmaceuticals International, Inc. (NYSE: VRX) under which Valeant will acquire all of the outstanding common stock of Obagi for $19.75 per share in cash.

Last week Sterne Agee reported that it has initiated coverage of homebuilding company, DR Horton Inc. (NYSE: DHI), Inc. The firm has begun coverage of DHI with a “Buy” rating and $29 price target. This price target suggests a 16% increase from the stock’s current price of $24.24.

Ambac Financial Group, Inc. (OTCQB: ABKFQ) traded at $ 0.0935 in the last session, which is +0.0485 (107.78%). The stock has a Range of 0.05 - 0.12. The stock has a 52 week low and high of 0.01 - 0.12 respectively. The stock has a Market Cap of 28.28M. The stock traded a volume of 38.01M. The stock has a 30 day average volume of 2.95M.

Eastman Kodak Co. (OTCQB: EKDKQ) announced that renowned author, inventor and futurist Ray Kurzweil will keynote its Global Directions 2013 conference—an annual technology and educational event sponsored by the company’s document capture and enterprise software business unit.

AMR Corporation (OTCQB: AAMRQ) stock is at $4.11, up 1.99 percent from its previous close of $4.02. The stock opened the session at $4.10 and touched its highest price point at $4.18. AMR Corporation stock’s lowest price point for the session stood at $4.06.

Eastman Kodak Co. (OTCQB: EKDKQ) traded in the range of $0.29 and $0.47 during its latest trading session. The stock had opened at $0.47 and is currently at $0.36, down 18 percent from its previous close of $0.45. Eastman Kodak recorded the volume of 22.969 million shares, significantly higher than its average daily trading volume of 2.598 million shares, thus showing bearish trend.

Zynga Inc. (NASDAQ: ZNGA) traded in the range of $3.27 and $3.41 during its latest trading session. The stock had opened at $3.37 and is at $3.33, down 4.03 percent from its previous close of $3.47. Zynga recorded the volume of 19.469 million shares. Its average daily trading volume stands at 34.257 million shares. The stock price is trading in line with its short term moving average price of $3.33. While the stock is likely to remain neutral in short term time frame, it may turn bullish in medium time range as shown by its MACD chart.

Apple Inc. (NASDAQ: AAPL) traded in the range of $449.59 and $457.63 during its latest trading session. The stock had opened at $457.50 and is at $451.30, down 0.70 percent from its previous close of $454.49. Apple recorded the volume of 6.749 million shares. Its average daily trading volume stands at 19.054 million shares.

First Niagara Financial Group Inc. (NASDAQ: FNFG) traded in the range of $8.59 and $8.85 during its latest trading session. The stock had opened at $8.66 and is at $8.76, up 3.73 percent from its previous close of $8.44, with 9.323 million shares volume. First Niagara Financial Group has traded 9.323 million shares so far and its MACD chart shows bullish trend. The stock may go as high as $9.05 level in the coming trading sessions.