ReleaseWire Connect

Intel Corporation (NASDAQ:INTC) continued its downward trend after dismal fourth quarter earnings report. Overall, fourth quarter profit for Intel fell a huge twenty-seven percent. This was largely based on two factors: a slowdown in the number of orders placed for the company’s software by PC manufacturers and a delay by the firm in entering the Smartphone market.

Staples, Inc. (NASDAQ:SPLS) announced on January 18, 2013 that it had received tenders for an aggregate principal amount of approximately $633 million of its outstanding 9.750% Senior Notes due 2014 in its previously announced cash tender offer.

Time Warner Cable has struck a deal with the Los Angeles Dodgers to broadcast the Major League Baseball team's games.

AMR Corporation (OTCQB: AAMRQ) sported a fresh new look as the company unveiled a new logo and exterior for its planes, including the already delivered Flagship Boeing 777-300ER aircraft set to fly on Jan. 31.

Organovo Holdings Inc (PINKSHEETS: ONVO) is working together with researchers at Autodesk, Inc., the leader in cloud-based design and engineering software, to create the first 3D design software for bioprinting. The Autodesk Research group is dedicated to innovation and discovery ranging from methods to help users learn powerful digital prototyping tools to visualization and simulation techniques that enable designers to achieve new levels of performance.

Leap Wireless International, Inc. (NASDAQ: LEAP) issued inducement awards to two new non-executive employees. The inducement awards consist of options to purchase up to 16,125 shares of Leap common stock and deferred stock units for 9,275 shares of Leap common stock. The options have a ten year term and an exercise price equal to the fair market value of Leap common stock on the date of grant.

AmarantusBioScience Inc. (OTCQB:AMBS) announced publication of independent peer-reviewed data for receptor and secretion pathways related to MANF

Magnum Hunter Resources Corp. (NYSE: MHR) traded in the range of $4.32 and $4.44 during its latest trading session. The stock had opened at $4.32 and is currently at $4.40, up 1.85 percent from its previous close of $4.32 with heavy volume. Magnum Hunter Resources recorded the volume of 1.843 million shares. The stock price is trading above its short term moving average price of $4.25 and long term moving average price of $4.10. The stock is likely to go as high as $4.58 in near future. Magnum Hunter Resources reported that it is planning to develop its Utica leasehold position in Ohio.

Dell Inc. (NASDAQ: DELL) stock is currently at $13.17, up 2.57 percent from its previous close of $12.84. The stock made the up move with the volume of 48 million, about two times higher than its usual volume of 28 million shares. The stock is up on the rumors of Microsoft’s involvement in LBO of the company. Dell stock opened the session at $12.84 and touched its highest price point at $13.60. Its lowest price point for the session stood at $12.83. The stock is currently in bullish phase and may go up to $13.65 level. Its first support level is at $12.87.

Research in Motion Limited (NASDAQ: RIMM) stock is at $17.39, up 9.78 percent from its previous close of $15.84, with very high volumes. Its latest trading volume has been recorded at 67.871 million shares, in contrast to the average daily trading volume of 41.848 million shares. The stock opened the session at $17.05 and touched its highest price point at $17.68. Research in Motion stock’s lowest price point for the session stood at $16.90. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $17.49. The stock has been upgraded to Buy rating by Scotia.