Stocks Gaining Momentum: CommScope Holding Company (NASDAQ:COMM), Majesco Entertainment Co. (NASDAQ:COOL), The J.G. Wentworth (NYSE:JGW), Nektar Therapeutics (NASDAQ:NKTR), Joe’s Jeans (NASDAQ:JOEZ)

CommScope Holding Company, Inc. (NASDAQ: COMM) has agreed to acquire TE Connectivity’s (NYSE: TEL) Telecom, Enterprise and Wireless businesses in an all-cash transaction valued at approximately $3 billion. The transaction, which was approved by the boards of directors of both companies, is expected to accelerate CommScope’s strategy to drive profitable growth by entering into attractive adjacent markets and to broaden its position as a leading communications infrastructure provider. On Wednesday shares of CommScope Holding Company, Inc. (NASDAQ:COMM) closed at $27.13. Company’s sales growth for last 5 years was -2.80% and EPS growth for next 5 years is recorded as 6.70%.

AmerisourceBergen Corporation (NYSE:ABC) reported stronger-than-expected results for the fiscal first quarter and lifted its earnings forecast for the full year. AmerisourceBergen now expects FY14 earnings from continuing operations of $4.45 to $4.55 per share, versus its earlier forecast of $4.36 to $4.50 per share. The Chesterbrook, Pennsylvania-based company reported a quarterly loss of $200 million, or $0.91 per share, versus a year-ago profit of $41.3 million, or $0.17 per share. Excluding special items, the company’s earnings surged to $1.14 per share from $0.80 per share. AmerisourceBergen Corporation (NYSE:ABC) in last trading activity advanced 0.47% to close at $96.37. Company weekly performance is 3.87% while its quarterly performance stands at 21.69%. AmerisourceBergen Corporation (NYSE:ABC) is -0.12% away from its 52 week high.

Zacks upgraded shares of J.G. Wentworth (NYSE:JGW) from an underperform rating to a neutral rating in a report issued on Friday. They currently have $9.20 target price on the stock. On last trading day The J.G. Wentworth Company (NYSE:JGW) decreased -3.19% to close at $9.42. Its volatility for the week is 4.36% while volatility for the month is 4.00%. The J.G. Wentworth Company (NYSE:JGW) monthly performance is -14.29%.

On January 13, 2015, Howard W. Robin, the President and Chief Executive Officer of Nektar Therapeutics (NASDAQ:NKTR), presented at the J.P. Morgan 2015 Healthcare Conference. Nektar Therapeutics (NASDAQ:NKTR) has 0.20% insider ownership while its institutional ownership stands at 92.80%. In last trading activity company’s stock closed at $14.52.

On 24 January Joe’s Jeans Inc. (NASDAQ:JOEZ) announced that Marc Crossman has tendered his resignation as President and Chief Executive Officer and that in conjunction with his resignation, he will be transitioning to a consulting position with the Company. Samuel Joseph Furrow, Jr. (Jay) will serve as Interim CEO. On last trading day Joe’s Jeans Inc. (NASDAQ:JOEZ) decreased -2.78% to close at $0.35. Its volatility for the week is 4.88% while volatility for the month is 6.69%. JOEZ’s sales growth for past 5 years was 15.20% and its EPS growth for past 5 years was -27.50%. Joe’s Jeans Inc. (NASDAQ:JOEZ) monthly performance is -7.89%.

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