MondayTomahawk, WI 3/13/2013 (Expedated) – Welcome to Monday! Lets take a look at the morning’s upward movers.

There is nothing like good news or a pat on the back to send a stocks value in the right direction. Today  Glu Mobile Inc. GLUU shares are up over 13% after just such a scenario happened when Northland Capital Markets raised the company’s rating from market perform to outperform. Analyst Darren Aftahi based this move on the games Glu Mobile has released this quarter, the company “has substantially improved its hit rate for new new games,” and there is evidence Glu Mobile is seeing better-than-expected sales from games for smartphones. So far this morning we have seen over 11 million shares of Glu trade hands.

J.C. Penney (JCP) is up over 8% today while the company talks about taking a different approach to trying to right the ship. There has been some speculation out there that J.C. Penny could covert its top 300 locations into a real estate investment trust. Investors got a note earlier today from the SI Group analyst Omar Saad saying that the retailer could decide to give shareholders  maximum value by converting its 300 top locations into a real estate investment trust, or REIT. This would allow the company to sublet space at the 300 locations to other retailers there by  increasing revenue, Saad explained, that such an arrangement could generate at $1.2B of rental income which would obviously  lift the company’s bottom line and help increase the value of the stock.

ValueClick, Inc. (VCLK) has been looking good today up over 9.3% so far in the morning session. The company just announced a major change in management. Mr. Scott G. Eagle has joined the Company as chief marketing officer (CMO). Mr. Eagle’s duties as CMO  will be to  lead the Company’s global marketing function which include strategy and the integration of marketing programs across all of ValueClick’s business lines.

John Giuliani, president and chief executive officer of ValueClick  said in a statement “The addition of Scott to our team is another step toward the integration of our businesses.” Giuliani went on to say that;  “Through his leadership and expertise across traditional and integrated online marketing, Scott will raise the profile of our integrated offering, differentiate ValueClick from the numerous point solutions in the marketplace, and help drive continued growth and profitability.”

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