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Shares of Invivo Therapeutics Holdings Corp. (OTC: NVIV), a development-stage company engaged in the development and commercialization biopolymer scaffolding devices for the treatment of spinal cord injuries, plunged in Thursday’s trading session.

The penny stock of Invivo Therapeutics ended the day 14.79% lower at $2.42, with volume up from daily average of 219,668 to 1.11 million.

Invivo Therapeutics on Thursday announced the pricing of an underwritten public offering of 8,281,574 shares of its common stock. The offering has been priced at $2.10 per share for gross proceeds of approximately $17.4 million. Net proceeds from the offering are expected to be approximately $15.7 million.

Invivo expects to use the net proceeds from the offering for working capital and other general corporate purposes, including research, development and pre-clinical and clinical trials for product candidates, capital expenditures, repayment of debt and possibly acquisitions of other businesses, products or technologies.

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Shares of Jingwei International Limited (NASDAQ: JNGW), a provider of data mining and interactive marketing services in China, are seeing a huge rally in today’s trading.

At last check, Jingwei International shares were trading 46.20% higher at $2.12, with volume up from daily average of 2,440 to 94,020.

Jingwei International shares are soaring in today’s trading after the company announced its intent to accept a going private proposal by George Du, who is the chairman and CEO of the company.

Jingwei said that a special committee of its board of directors, which included independent directors, recommended the going private proposal. The Jingwei board of directors has approved the proposal.

Jingwei’s board decided to take the company private after concluding that the disadvantages of remaining a public company outweighed the benefits of remaining a public company. The company expects the transaction to be completed in the second quarter of 2012.

About InvestorSoup

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC. BlueWave Advisors has been compensated ten thousand dollars from the company for VRNG advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.

Shares of DryShips Inc. (NASDAQ: DRYS), a holding company engaged in the ocean transportation services of drybulk cargoes and crude oil, rallied in Tuesday’s trading session.

DryShips shares ended the day 11.98% higher at $3.74, with volume up from daily average. The stock has risen 22.22% in the last three trading sessions.

DryShips’ shares have been gaining momentum in the last few trading sessions after the company’s drilling unit, Ocean Rig UDW Inc., won a contract for one of its rigs to drill 15 wells on the Norwegian Continental Shelf. The contract will boost the company’s revenue backlog by approximately $653 million.

Wells Fargo Securities analyst Michael Webber said that the contract is a positive for DryShips, considering the longer tenure of the contract and the likelihood that Leiv Eiriksson remains employed in the area for a substantial period of time.

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Shares of Zipcar Inc. (NASDAQ: ZIP), an operator of a car sharing network, are sinking in today’s trading. At last check, Zipcare shares were trading 13.54% lower at $13.95, with volume up from daily average of 242,359 to 1.45 million.

Zipcar shares are sinking in today’s trading after the company said that it expects to post a higher-than-expected loss in its first quarter, partly due to slower growth in its U.K. business.

Zipcar expects first-quarter net loss to come in between $4 million and $5 million and revenue to come in between $58 million and $60 million. This compares with analysts’ estimate of a net loss of $3.3 million and revenue of $60.3 million.

Zipcar also released its fourth-quarter financial results today. The company reported fourth-quarter profit of $3.9 million, or $0.09 per share, compared with a net loss of $1.1 million, or $0.17 per share reported for the same period in the previous year.

The company’s revenue for the quarter climbed 21% to $62.9 million.

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Shares of Insight Enterprises Inc. (NASDAQ: NSIT), a global provider of information technology, hardware, software and service solutions to businesses and public sector clients, are seeing a huge rally in today’s trading.

At last check, Insight Enterprises shares were trading 13.76% higher at $21.58, with volume at 148,705.

Insight Enterprises shares are soaring in today’s trading after the company announced its fourth-quarter financial results. The company fourth-quarter profit beat Street estimates. The company also forecast 2012 revenue above analysts’ estimate.

For the fourth quarter, Insight reported net income of $34.7 million, or $0.78 per share, compared with $25 million, or $0.53 per share reported for the same period in the previous year. The company’s revenue for the quarter rose 1% to $1.36 billion. Analysts were expecting the company to report profit of $0.49 per share and revenue of $1.44 billion for the quarter.

For 2012, Insight expects revenue to come in between $2.20 billion and $2.30 billion, compared with analysts’ estimate of $2.04 billion.

About InvestorSoup

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC. BlueWave Advisors has been compensated ten thousand dollars from the company for VRNG advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.

Alcatel-Lucent (ADR) (NYSE: ALU), a Paris-based company engaged in mobile, fixed, Internet Protocol and optics technologies, applications and services, last week released its fourth-quarter and full-year 2011 financial results.

For the fourth quarter of 2011, Alcatel-Lucent reported revenue of 4.256 billion euros, up 9.5% on a sequential basis. The company’s adjusted gross profit for the quarter was 1.51 billion euros. Its published net profit for the quarter was 868 million euros.

For the full year 2011, Alcatel-Lucent reported revenue of 15.69 billion euros. The company’s adjusted gross profit for the full year was 5.64 billion euros. Published net profit for 2011 was 1.095 billion euros.

Alcatel-Lucent shares had rallied following the release of quarterly results last week. The stock rose 12.89% on Friday. In Monday’s trading session the stock finished flat.

Alcatel-Lucent shares have risen 35.19% in the last one month.

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Shares of Clearwire Corp. (NASDAQ: CLWR), a provider of 4G wireless broadband services, rallied in Monday’s trading session.

Clearwire shares ended the day 9.13% higher at $2.27. The stock has gained 21.39% in the last one month.

Last month, Clearwire announced the completion of the offering by its operating subsidiary, Clearwire Communications LLC, of $300 million aggregate principal amount of 14.75% first-priority senior secured notes due 2016 at an issue price of 100%.

The company will use the net proceeds of the offering for the deployment of mobile 4G LTE technology alongside the mobile 4G WiMAX technology currently on its network and for the operation and maintenance of its networks and for general corporate purposes.

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Shares of Black Castle Developments Holdings (PINK: BCDH), a holding company focusing on the merger and acquisition of undervalued, revenue generating companies that operate in high-growth niche markets, plunged in Friday’s trading session.

The penny stock of Black Castle Developments ended the day 19.41% lower at $0.0685, with volume up from daily average of 2.44 million. Despite the sharp decline on Friday, Black Castle shares are up 78% in the last three trading sessions.

Last week, Black Castle Developments announced that it completed the due diligence on its proposed acquisition of A-Shine, a pioneer in the restaurant and hospitality industry that manufactures and markets an innovative glass polishing device.

Black Castle said that the terms and conditions of the acquisition have been agreed upon by both parties and  a definitive agreement is being drafted.

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Shares of Mustang Alliances Inc. (OTC: MSTG), a natural resource company engaged in the exploration of mineral resource properties in Honduras, are sinking in today’s trading.

At last check, the penny stock of Mustang Alliances was trading 18.11% lower at $1.04, with volume up from daily average of 534,967 to 928,318.

Earlier this week Mustang Alliances provided a status update on the Honduran mining law. The company said that the Committees of the National Congress of Honduras finished writing a report on the new Mining Law and submitted a draft of the law to the Congress for approval.

The details of the new law include an acceleration of the licensing process and simplification of rules for mining companies planning to operate in Honduras. With the new law, Honduras is looking to streamline procedures and attract more investment to the country’s mining sector.

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• Get breaking news alerts on these stocks: http://thestockmarketwatch.com/About InvestorSoup

  InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

  Disclaimer

  DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

  This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC. BlueWave Advisors has been compensated ten thousand dollars from the company for VRNG advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.

Shares of LeapFrog Enterprises Inc. (NYSE: LF), a designer, developer and marketer of a family of technology-based learning platforms, are sinking in early morning trading today.

At last check, the small-cap stock of LeapFrog is trading 9.44% lower at $6.19.

LeapFrog shares are sinking even though the company reported better-than-expected fourth-quarter financial results. The company’s sales for the fourth quarter were $210 million, representing an increase of 11% over the same period in the previous year and above Street estimates of $202.6 million.

LeapFrog reported fourth-quarter profit of $0.49 per share, beating Street estimates of $0.42 per share.

LeapFrog also provided guidance for the current quarter. The company expects first-quarter sales to rise 20%-30% on a year-over-year basis. It expects a net loss of $0.26-$0.30 per share, compared with Street estimates of a loss of $0.32 per share.

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About InvestorSoup

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC. BlueWave Advisors has been compensated ten thousand dollars from the company for VRNG advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.

Shares of Fannie Mae (OTC: FNMA), the government-sponsored enterprise chartered by the U.S. Congress to support liquidity and stability in the secondary mortgage market, fell sharply in Tuesday’s trading session.

The penny stock of Fannie Mae ended the day 8.64% lower at $0.277, with volume up from daily average of 5.13 million to 12.85 million. In the last three trading sessions, Fannie Mae shares gained 24.22%. The stock is up 36.45% in the last one month.

Last week, Fannie Mae announced 2011 results for its multifamily business. The company said that along with its lender partners it provided $24.4 billion in debt financing for 2,763 mortgage loans in 2011 as the demand for quality, affordable rental housing increased. Nearly 98% of the debt that Fannie Mae financed in 2011 was delivered through the MBS execution.

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Shares of TBS International Plc (NASDAQ: TBSI), an ocean transportation services company offering worldwide shipping solutions to a diverse client base of industrial shippers, are sinking in today’s trading after the company announced that it has filed for prepackaged Chapter 11 bankruptcy as part of its debt restructuring agreement with lenders.

TBS International shares fell to a new 52-week low of $0.12 today, and at last check, the stock was down 57.93% to $0.163, with volume up from daily average of 176,033 to 1.51 million.

The company has obtained a $42.8 million debtor-in-possession financing from its existing lenders. It is taking the actions required to ensure that normal operations are not impacted by the bankruptcy process, which is expected to last 60 days.

TBS International plans to restructure the company’s secured debt and pay in full allowed claims of unsecured creditors. TBS will also transfer the ownership of its operating units to a newly formed entity that will be owned mostly by its lenders. Meanwhile, old equity holders will receive no distributions.

Joseph E. Royce, chairman, president and CEO of TBS International, said that the company is very pleased that its banks are supportive of the steps it has taken to improve its balance sheet and through it the long-term health of the company.

About InvestorSoup

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC. BlueWave Advisors has been compensated ten thousand dollars from the company for VRNG advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.

Shares of Ecoland International Inc. (OTC: ECIT) plunged in Friday’s trading session. The penny stock of Ecoland ended the day 22.77% lower at $0.780, with volume up from daily average of 1.77 million to 3.53 million. Despite the sharp decline on Friday, Ecoland shares have gained 38.05% in the last five trading sessions.

Ecoland last week announced that its wholly owned subsidiary, D&R Technology, signed a letter of intent (LOI) with JUDO Water Treatment Inc. that exclusively contracts D&R to manufacture and install custom-built, advanced water treatment systems and equipment to industrial end-users in the U.S. and Canada.

Drasko Karanovic, president and CEO of D&R Technology, said that potential new contracts boost the company’s sales above the $5 million mark and will contribute to drive revenues in the coming quarters as the company executes the numerous projects in its backlog.

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• About InvestorSoup

  InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

  Disclaimer

  DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

  This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC. BlueWave Advisors has been compensated ten thousand dollars from the company for VRNG advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision.

Shares of BioNitrogen Corp. (PINK: BION), a company focused on building fully operational, turnkey manufacturing facilities in the global marketplace to produce urea.

At last check, the penny stock of BioNitrogen was trading at $1.45, with volume up from daily average of 75,683 to 332,097. In the last three trading sessions, BioNitrogen shares have gained 23.53%.

BioNitrogen on Thursday announced that it entered into a letter of intent with United Suppliers Inc. for the purchase of up to 300,000 short tons of urea annually. The LOI specifies that United Suppliers will purchase up to 300,000 short tons annually of urea in granular or prilled grade form. The company said that the binding agreement to be entered into will be for an initial term of three years.

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Shares of Dendreon Corp. (NASDAQ: DNDN), a biotechnology company engaged in the discovery, development and commercialization of therapeutics that may improve cancer treatment options for patients, rose sharply in Wednesday’s trading session after the company announced CEO and chairman succession plan.

Dendreon shares rose 4.93% to finish the day at $14.25. The stock has extended its gains in pre-market trading today, gaining another 0.35%.

Dendreon announced that its board elected John H. Johnson to the position of president and CEO. Johnson will take charge from Mitchell H. Gold, MD, who has been president and CEO for nearly a decade. Gold has been elected executive chairmen and will serve in that role until June 30, 2012, after which he will continue to serve as a director, while Johnson will become chairman.

Gold said that as Dendreon continues its evolution into a global oncology company, he is pleased to hand over the reins to Johnson, whose drive and significant global oncology expertise will advance the company’s continued growth as a leading biotechnology company, benefiting customers, employees, shareholders and most importantly patients with advanced prostate cancer.

Johnson said that he is honored to take on the important role to help lead Dendreon into the next chapter of growth. He said that with the important progress that has been made with the commercial launch of PROVENGE, he is invigorated by the challenge of taking Dendreon to the next level.

About InvestorSoup

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Shares of Atrinsic Inc. (PINK: ATRN) fell sharply in Tuesday’s trading session. The penny stock of Atrinsic ended the day 9.88% lower at $0.073.

Despite the sharp decline in Tuesday’s trading session, Atrinisic shares have gained 52.08% in the last three trading sessions. In the last five trading sessions the stock gained 97.3%.

Atrinsic shares have gained 729.55% in the last one month. Despite recent gains, the penny stock is down nearly 96% in the last three months.

Atrinsic is a New York City-based marketer of direct-to-consumer subscription products and an Internet search marketing agency. The company is engaged in the sale of entertainment and lifestyle subscription products directly to consumers and Internet marketing services to corporate and advertising clients.

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Shares of Mustang Alliances Inc. (OTC: MSTG), a mining company engaged in the exploration of mineral properties in Honduras, are climbing in today’s trading. At last check, the penny stock of Mustang Alliances was trading 3.85% higher at $1.08, with volume up from daily average of 69,183 to 1.39 million. Mustang Alliances shares have risen 17.39% in the last three trading sessions.

Mustang Alliances on Monday announced the completion of its 2011 exploration program on the Potosi property in Honduras.

Mustang Alliances said that its recent efforts have been directed toward acquiring and compiling the historic information, and initiating reconnaissance sampling and geologic mapping over the property. The company also said that it is currently finalizing the details of an extensive 2012 work program that will follow up on the 2011 sample results. The company expects 2012 work program to begin in mid-to-late February.

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Shares of RadioShack Corp. (NYSE: RSH), a Fort Worth, Texas-based company engaged in the retail sale of consumer electronic goods and services through its RadioShack store chain, are sinking in today’s trading. At last check, RadioShack stock was trading 29.03% lower at $7.26, with volume up from daily average of 2.77 million to 23.54 million. The stock fell to a new 52-week low of $7.15 in today’s trading.

RadioShack shares are falling in today’s trading after the company announced its preliminary fourth-quarter financial results. The company said that total net sales and operating revenues from continuing operations rose approximately 6% to $1.39 billion in the fourth quarter of 2011.

The company’s comparable store sales rose nearly 2% during the fourth quarter of 2011. Its consolidated gross margin is expected to be approximately 35%, down from 41% reported for the same period in the previous year. The company noted that the decline in gross margin reflects a shift in mix within mobility sales towards certain lower margin smartphones and mobile devices, a higher percentage of mobility sales in the overall revenue mix and the impact of a more promotional holiday season.

Jim Gooch, president and CEO of RadioShack, said that the company’s transition continues as it works to maximize its mobility business opportunities, particularly now that the company’s assortment includes the top three national wireless carriers.

Gooch also said that the company recognizes that certain smartphones and other mobile devices, mainly tablets and e-readers are a growing mainstay of consumer electronics purchases, and are significantly changing the margin profile of the company’s mobility business.

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Shares of Eastman Kodak Company (PINK: EKDKQ) are marginally lower in today’s trading. At last check, the penny stock of Eastman Kodak was trading 0.15% lower at $0.340, with volume at 4.05 million. In the last three trading sessions Eastman Kodak shares have fallen 6.16%.

Eastman Kodak, which filed for bankruptcy last week, in a surprise move earlier this week replaced its chief restructuring officer.

The Rochester, New York-based company announced earlier this week that James Mesterharm of AlixPartners will be its new chief restructuring officer, replacing Dominic DiNapoil of FTI Consulting Inc. DiNapoli was appointed as Eastman Kodak’s chief restructuring officer only last week after the company had filed for bankruptcy.

Kodak said that there was no disagreement or difference of opinion with DiNapoli. However, the company did not provide any further explanation for the change.

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