3 Pre-Lunch Market Movers - (OTC: GSLO), (NASDAQ: TTIL), (NYSE: FCH)
3 Pre-Lunch Market Movers - (OTC: GSLO), (NASDAQ: TTIL)
, (NYSE: FCH)
Go Solar USA Inc. (OTC: GSLO) is trading at $2.10 up $0.65 or 45% on heavy volume of 43k
Today the company announced it has optioned an exciting new technology that will keep your Smartphone charged without ever having to plug it in again. This breakthrough technology captures the power of wireless internet signals and solar energy to keep your battery charged all of the time. The technology is designed for use with a wide range of Smartphones, including the iPhone, Blackberry and Google Android. Pree(TM) is developing a device that empowers users to disconnect from the plug and go wireless for as long as they need to use their applications. This device converts inbound wireless LAN waves and solar energy into an electrical charge powerful enough to keep the Smartphone charged. GSLO is looking to invest in the development, delivery and marketing of the new Pree(TM) device.
TTI Team Telecom International Ltd. (NASDAQ: TTIL) is trading at $2.84 up $0.42 or 17% on heavy volume of 1.1M
Today Teoco Corp. said it would buy the Israeli support systems provider for $58 million, or $3 a share. The price per share of $3 represents a premium of approximately 50% over the Company's average closing share price during the past 90 trading days
Felcor Lodging Trust Inc. (NYSE:FCH) is trading at $6.21 up $0.64 or 11.5% on heavy volume of 488k
Today the company announced that it has agreed to repay $177M of secured debt at a significant discount to the principal balance. The two loans bear interest at LIBOR plus 155 basis points and are scheduled to mature in May 2012. The loans will be settled for $130M, plus accrued interest, representing a 27% discount to the principal balance. The two hotels that secure the loans have a combined 921 guest rooms and more than 100,000 square feet of meeting space. The payment, approximately $141,000 per room, will be funded with cash on hand and reflects a substantial discount to replacement cost.
To view this article at World Market Media click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1774/post/3-pre-lunch-market-movers-otc-gslo-nasdaq-ttil-nyse-fch
Disclosure: no positions
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