Glu Mobile Partners With Probability and 2 Hot Stocks Trading Today
Glu Mobile (NASDAQ:GLUU) announces a strategic partnership with Probability plc, the U.K.’s only pure-play, publicly traded, mobile gaming company, for developing mobile gambling. Real money mobile gaming is viewed by Glu as an opportunity to extend the reach of its successful original IP to markets where the UK company can do business, such as in the UK and Italy.
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With an increasing national emphasis on thermal power as preferred to the nuclear option, and facing pressure to reduce electricity costs despite rising fuel costs, the Tokyo Electric Power Co (Tepco) is said to be in discussions with Cheniere Energy (AMEX:LNG), Sempra Energy (NYSE:SRE) and other American energy firms to import cheap shale gas.
First Solar (NASDAQ:FSLR) is up 3.8 percent on news that it has received orders to supply 50 MW of solar modules to Rajasthan, a state in India. The buyers are Kiran Energy and Mahindra Solar One. Mahindra Solar One is a joint venture of the Bessemmer Ventures and IFC-funded Kiran Energy and the Mahindra group. Commencing this year, the two projects will likely complete by the first quarter of 2013.
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