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Company News for March 13, 2012


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•    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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