Boston, MA 03/04/2014 (wallstreetpr) – Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) was one of the sources of excitement on Nasdaq, rising to a new one-year high Monday. The stock’s again over the recent past have not been out of any particular compelling development from inside. However, it is clear that the stock is basking in the glory of its peer and possibly rival Plug Power Inc (NASDAQ:PLUG). With companies increasingly realizing the benefit of fuel cell energy in powering their various equipment, PLUG recently announced a contract with Wal-Mart Stores Inc (NYSE:WMT). The deal, which involves supply of hydrogen fuel cells to about six Wal-Mart sites, has been benefiting other fuel cell stocks in the market as it seems to be an indicator of the underlying opportunities for fuel cell stock. Shares of Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) changed hands at $4.23 in regular session, gaining more than 14 percent in the process.
Comcast Corporation (NASDAQ:CMCSA) has inked a deal to acquire video advertising platform FreeWheel Media Inc. However, the specific amount of the deal remains undisclosed but people familiar with the situation claim it could be in the region of $320 million. FreeWheel Media currently serves media clients which include VEVO, FOX and NBC Universal. It also recently signed business deal with Amazon.com Inc (NASDAQ:AMZN). The company provides tracking of Internet video ratings. Comcast must thus be interested in using FreeWheel technology in its own video platform. However, FreeWheel will continue serving its customers as an independent subsidiary. Comcast Corporation (NASDAQ:CMCSA) shares changed hands at $51 by end of regular session, losing 1.3 percent in the process.
Zynga Inc (NASDAQ:ZNGA): After the company management led by CEO Don Mattrick confessed that they had missed the boat in mobile transition, here are the latest developments. Zynga is not going to just sit back and mourn its already lost chances in mobile. Instead, it is now forcefully vying to remake itself as a formidable force in the mobile gaming market. Thus, the company has announced that it is set for what it calls soft launches this month. Zynga Inc (NASDAQ:ZNGA) plans to bring some of its core titles to undisclosed markets this month with full blast launching later in June. The titles which include “Words With Friends” and “Zynga Poker” will be available on Android and iOS devices.
