China Mobile Games and Entertainment Group (NASDAQ:CMGE) shares are jumping, up in early market trading following the release of the company’s first quarter earnings results. The company reported a year over year 488.2% increase in quarterly revenue to $34.5 million, ahead of analysts’ consensus estimates of $30.23 million. China Mobile Games & Entnmnt Grp Ltd (NASDAQ:CMGE) stock opened today at $19.01 and is currently trading at $19.13. The stock showed a negative weekly performance of -2.02%.
Super Micro Computer (NASDAQ:SMCI) Director Hwei-Ming Fred Tsai sold 4,000 shares of the stock on the open market in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $18.41, for a total value of $73,640.00. Following the sale, the director now directly owns 306,000 shares of the company’s stock, valued at approximately $5,633,460. Super Micro Computer, Inc. (NASDAQ:SMCI) stock opened at $19.00, in current trading session and currently is at $18.85, by gaining 5.07%. The 52 week range of $9.50 – $23.54. Company’s market capitalization is 846.95 million.
Banc of California, Inc. (NASDAQ:BANC) the holding company for Banc of California, National Association announced that it has commenced a public offering of $50.0 million of its voting common stock, par value $0.01 per share. Concurrent with the common stock offering, the Company has commenced a public offering (the “units offering” and together with the common stock offering, the “offerings”) of $50.0 million of its tangible equity units (the “units”). Each unit is expected to be comprised of a prepaid stock purchase contract and a junior subordinated amortizing note issued by the Company. Banc of California Inc. (NASDAQ:BANC) stock is currently trading at $9.82. The EPS of the stock is 0.01. Company’s market capitalization is 197.84 million.
Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) reported Q1 EPS of ($0.39), $0.07 better than the analyst estimate of ($0.46). Anthera Pharmaceuticals Inc. (NASDAQ:ANTH) stock opened the session at $3.15, and now is at $3.00. The 52 week range of the Anthera Pharmaceuticals Inc. (NASDAQ:ANTH) stock remained $2.54 – $4.96 and the day range was $2.98 – $3.15.
Glu Mobile Inc. (NASDAQ:GLUU) revenues increased $20.0 million, or 81.2%, from $24.6 million for the three months ended March 31, 2013 to $44.6 million for the three months ended March 31, 2014. Glu Mobile Inc. (NASDAQ:GLUU) stock opened today at $3.83 and is currently trading at $3.71. The stock showed a negative weekly performance of -1.81%.