Top Trending Tickers On StockTwits For March 24

Jayson Derrick
Benzinga

Here's a look at the top tickers trending on StockTwits.com.

Apple: TV-streaming service in the works

The Wall Street Journal is reporting that Apple and Comcast (NASDAQ: CMCSA) are discussing a service that would allow users to watch live TV in addition to receive on-demand TV programming. Recordings on a potential device could also be done and stored on a cloud server.

The device would compose of Apple's set-top box and would receive special treatment over the “last mile” on Comcast's networks to maximize download speed.

Shares of Apple were trading higher by 1.07 percent in the pre-market session.

Herbalife: Icahn nominees welcomed to the board

Herbalife (NYSE: HLF) announced that three Carl Icahn supporters have been nominated to the company's Board. The three are Hunter Gary, Jesse Lynn and James Nelson.

Carl Icahn, whose firm Icahn Enterprises maintains a 17 percent stake in the firm stated this morning that “we remain resolute in our commitment to the long-term success of Herbalife” and that his representatives “will enhance value” at the company.

Shares were trading higher by 7.25 percent in the pre-market session.

Nu Skin: Slap on the wrist

Chinese regulatory officials have finalized a review of the Nu Skin's (NYSE: NU) business practices in the country which have been labeled as illegal and a pyramid scheme.

The Chinese regulatory body has fined Nu Skin $524,000 for unauthorized direct sales of certain products and $16,000 for product claims which failed to be supported with sufficient documentary support. Six employees were also fined collectively $241,000 for promotional activity which was deemed unauthorized.

Nu Skin was also requested by the Chinese authorities to take steps to correct the issues in addition to enhancing the education and supervision of its sales representatives.

Shares surged higher by 32.29 percent in the pre-market session.

InterCloud: Acquiring cloud solutions provider

On Friday, shares of InterCloud (NASDAQ: ICLD) plunged followed the Rosen Law Firm investigating allegations that the company “may have paid outsiders to pump its stock using false and misleading articles.”

This morning, InterCloud announced that it has acquired a cloud solutions company, VaultLogix who has over $12 million in annual recurring revenue and EBITDA around $4.5 million.

The VautLogix acquisition gives InterCloud exposure to cloud back services which currently serves nearly 10,000 businesses worldwide.

"The acquisition of VaultLogix continues to strengthen InterCloud's position within the rapidly growing cloud-based services market. VaultLogix has its own intellectual property and will integrate seamlessly with our own cloud platform. In addition it brings InterCloud over 500 channel partners, which will catapult our growing channel sales efforts. We will continue to broaden our cloud portfolio and differentiate ourselves from our competitors," said Mark Munro, CEO of InterCloud Systems in a press release.

Shares were trading higher by 9.80 percent in the pre-market session.

China Recycling Energy: Net income surges by 169 percent year over year

This morning, China Recycling Energy (NASDAQ: CREG) reported its fourth quarter results. The Chinese based firm who is a leading developer of waste energy recycling processes for industrial applications in China announced that total sales rose $12.98 million to $13.2 million from a year ago. Net income rose 169 percent to $4.21 million resulting in an EPS of $0.07 as compared to an EPS of $0.03 a year ago.

The company said that it has 15 waste-to-energy systems in operation and four projects under construction. "As more projects are completed, the trend of increasing interest income from sales type leases will continue to grow,” the company said in its earnings release.

Shares were trading higher by 19.88 percent in the pre-market session.

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