Wall Street on Friday kicked off a new month with solid rally that raised the Dow industrials above 14,000 for the first time in five years after the January nonfarm payrolls report increased investors optimism of the economy.
Otelco, Inc. (USA) (NASDAQ:OTT) soared 39.58% after the wireline telecommunication services provider unveiled plans to seek support for a prepackaged Chapter 11 bankruptcy filing from its senior subordinated notes holders with an aim to cut its overall debt by roughly $135 million.
EDAP TMS S.A. (ADR) (NASDAQ:EDAP) raised 17.83% a day after submitting its Pre-Market Approval (PMA) application to the U.S. Food and Drug Administration (FDA) on January 31, 2013 for Ablatherm-HIFU.[article_detail_ad_1]
Audience Inc (NASDAQ:ADNC) jumped 15.38% on earnings and upgrades.
Concurrent Computer Corporation (NASDAQ:CCUR) surged 14.53% to new 52-week high after being the subject of an email promotion on Friday.
Despite hitting new low, School Specialty, Inc. (NASDAQ:SCHS) advanced 10.68% after a report that the company has reduced a few barriers to entry for its auction but is moving on track to the quick-sale time line that drew creditor complaints.
PMC-Sierra, Inc. (NASDAQ:PMCS) rallied about 13% after earnings beat and outlook.
Universal Display Corporation (NASDAQ:PANL) rose 10.24% after being discussed at Columbia’s Value Investing Conference.
Gevo, Inc. (NASDAQ:GEVO) gained 10.00% and Pacific Ethanol Inc (NASDAQ:PEIX) increased 6.11% after the U.S. Environmental Protection Agency (EPA) suggested new rules and percentage standards for 2013 biofuel consumption.
Pilgrim’s Pride Corporation (NASDAQ:PPC) advanced 9.82% after its strong competitor Tyson Foods (NYSE:TSN) reported higher-than-expected results and predicted higher chicken prices.
hhgregg, Inc. (NYSE:HGG) closed 9.43% higher after reiterating its bottom-line and top-line guidance for the fiscal year.
Denison Mines Corp (USA) (NYSEAMEX:DNN) added 8.89% one day after completed acquisition of JNR Resources Inc.
CARBO Ceramics Inc. (NYSE:CRR) increased $7.09 in price on better-than-projected revenue and in-line EPS for the fourth quarter.
Blyth, Inc. (NYSE:BTH) extended gains after its wholly owned subsidiary, ViSalus declared the official release of THE CHALLENGE Magazine, Version 2 to be accessible at newsstands across the U.S. and Canada on February 4, 2013.
Inteliquent (NASDAQ:IQNT) surged 7.22% on a report that Hedge-fund manager Clinton Group Inc. was seeking to replace the company’s board.
TeleCommunication Systems, Inc. (NASDAQ:TSYS) and Cavium Inc (NASDAQ:CAVM) advanced after their Q4 results beat consensus estimates.
Velti Plc (NASDAQ:VELT) recovered from a fall it faced on Thursday after Craig Hallum downgraded the stock from a “buy” rating to a “hold” rating and lowered PT to $4.00 from $12.00.
Tenneco Inc. (NYSE:TEN) was up after the news NAM Board of Directors will see Tenneco, Inc. chairman and CEO Gregg Sherrill as vice chair.
GameStop Corp. (NYSE:GME) rose 6.42% after analysts at Piper Jaffray upgraded the stock from Neutral to Overweight and lifted the PT from $23.00 to $28.00.
Brookfield Office Properties Inc (USA) (NYSE:BPO) rallied 6.32% on quarterly common share dividend announcement.
More above 6% gainers included Chinacast Education Corporation (PINK:CAST), Cereplast Inc (PINK:CERP) and Cavium Inc (NASDAQ:CAVM) while 8×8, Inc. (NASDAQ:EGHT), Scientific Games Corp (NASDAQ:SGMS), Atmel Corporation (NASDAQ:ATML), Ericsson (ADR) (NASDAQ:ERIC), Radian Group Inc. (NYSE:RDN) and Heckmann Corporation (NYSE:HEK) all rose between 5 and 5.99 percent.