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Corporate Summary

•    Following POSCO’s (NYSE:PKX) announcement that it will increase its stake in FuelCell Energy, Inc. (NASDAQ:FCEL) the company’s shares gained 7.3%

•    Former executive of Wal-Mart Stores Inc (NYSE:WMT) Brian Cornell is expected to join the company as CEO as John Compton is expected to take over as president of the retail major

•    Shares of Velti plc (NASDAQ:VELT) jumped 27.2% following higher-than-expected revenue guidance for the first quarter

•    Zoll Medical Corporation’s (NASDAQ:ZOLL) shares leapt 23.8% after Asahi Kasei agreed to buy it for around $2.2 billion
 

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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

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SYNAPTICS I… SYNA 78.11 +8.14%
CENTURY ALU… CENX 19.88 +5.74%
GREEN PLAIN… GPRE 39.41 +5.12%
PILGRIM'S P… PPC 28.82 +3.08%
THE PANTRY… PTRY 18.41 +2.79%