TCP International Holdings Ltd. (NYSE: TCPI) is evaluating claims alleging misconduct by chief executive Ellis Yan. The stock price plummeted $3.67 to close at $2.74.

Ocwen Financial downgraded

Compass Point downgraded Ocwen Financial Corp. (NYSE: OCN) from a Neutral rating to a Sell rating sending the stock price tumbling $1.64 to close at $8.14.

Earnings surge for Monster Beverage

Fourth quarter earnings surged for Monster Beverage Corp. (Nasdaq: MNST) to 72 cents per diluted share from 44 cents per diluted share to surpass analyst expectations by a wide margin as revenue climbed. The stock price leaped $16.38 to close at $141.12.

Weight Watchers falls to loss

Weight Watchers International Inc. (NYSE: WTW) fell to a loss for the fourth quarter of 28 cents per share compared with earnings of 55 cents per share in the year ago period and forecast full year earnings below expectations sending the stock price plummeting $5.80 to $11.76.

Clean Energy swings to profit

Clean Energy Fuels Corp. (Nasdaq: CLNE) swung to a greater than expected profit for the fourth quarter of a penny per share compared with a loss of 34 cents per share last year. The stock price soared $1.01 to $6.05.

Second Sight Medical Products Inc. (Nasdaq: EYES) will release fourth quarter earnings Wednesday, March 11, after market close. The stock price leaped $4.15 to $15.95.

Taser disappoints

Taser International Inc. (Nasdaq: TASR) disappointed with flat fourth quarter earnings of 10 cents per share that missed expectations sending the stock price plummeting $4.36 to close at $22.68.

Profit taking sinks Biocept

Investors locked in profits on Biocept Inc. (Nasdaq: BIOC). The stock price plummeted $1.25 to close at $3.50.

Iberdrola to buy UIL

Iberdrola will pay approximately $3 billion to buy UIL Holdings Corp. (NYSE: UIL). The stock price jumped $9.74 to close at $52.07.

Avago to buy Emulex

Avago Technologies Ltd. (Nasdaq: AVGO) impressed with sharply higher first quarter earnings that more than doubled to surpass estimates and the company announced plans to acquire Emulex Corp. (NYSE: ELX). Shares of Avago leaped $16.57 to close at $129.25 while Emulex stock soared $1.57 to close at $7.93.


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