New York, NY — (NISMAGAZINE) — 01/03/2013 — HotStockProfits.com issues special report on the notable movers – TASER International, Inc. (NASDAQ:TASR), LDK Solar Co., Ltd (ADR)(NYSE:LDK), Zogenix, Inc. (NASDAQ:ZGNX), Family Dollar Stores, Inc. (NYSE:FDO), Allot Communications Ltd. (NASDAQ:ALLT)
TASER International, Inc. (NASDAQ:TASR) shares climbed 9.51% to $9.79 in the early hour. The company announced several large TASER Conducted Electrical Weapon (CEW) orders for more than 2,600 TASER X2™ and more than 1,000 TASER X26™ in the last two weeks of 2012. TASER received and shipped several orders for TASER CEWs and various related accessories in the fourth quarter.
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LDK Solar Co., Ltd (ADR)(NYSE:LDK) shares increased 3.80% to $1.64 after the company announced that it has signed a purchase agreement with Shanghai Qianjiang Group in which Qianjiang Group has agreed to purchase all shares of LDK Anhui, located in Hefei City, for approximately RMB 25 million. According to the terms of the agreement, Qianjiang Group will release the guarantee LDK Solar provided to LDK Anhui and its subsidiaries within 12 months, as well as compensate LDK Solar for any loss associated with such guarantee, prior to its release.
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Zogenix, Inc. (NASDAQ:ZGNX) stock climbed 6.58% to $1.48 after the company announced positive early stage results for Relday, an investigational compound of a proprietary, once-monthly subcutaneous formulation of risperidone for the treatment of schizophrenia. The company said adverse effects were mild to moderate and consistent with other risperidone products.
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Family Dollar Stores, Inc. (NYSE:FDO) shares dropped 13.40% to $55.46 in the early hour after the company reported first-quarter net income of $80.28 million, as compared to $80.35 million last year. Profit per share was $0.69 compared to $0.68 prior year. Net sales were $2.42 billion, as compared to $2.15 billion in the prior year period. Analysts expected the company to report profit per share of $0.75 on revenue of $2.38 billion for the quarter.
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Allot Communications Ltd. (NASDAQ:ALLT) stock plunged 19.31% to $14.75 after ALLT’s stock was downgraded by analysts at Oppenheimer from an “outperform” rating to a “perform” rating in a research report issued to clients and investors today. Additionally, analysts at Chardan Capital upgraded shares of ALLT from a “hold” rating to a “buy” rating in a research note to investors on December 17. They now have a $24.00 price target on the stock.
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