OTC Market Movers: March 20, 2012

March 20, 2012

On The Upside:

Shares of Paul Mueller Company (OTCPink: MUEL.PK) continued an ascent that started last week after the company announced very good fourth quarter results.  The stock was up another 16.23% today after a 10.62% rise yesterday.  The stock is up 36.6% since the earnings announcement was released last week.

Bogen Communications International, Inc (OTCPink: BOGN.PK) reported higher sales and earnings for 2011 late last week and the stock continues to rise, up 7.35% to $3.65.  The stock is up 14.1% since the announcement.

The stock of Taro Pharmaceutical Industries, Ltd (OTCQB: TAROF.PK) popped 7.18% to $37.90 after the company announced that it has been authorized for listing on the New York Stock Exchange.



On The Downside:

The ordinary shares of Bayerische Motoren Werke AG (OTCPink: BAMXF.PK) fell 5.54% to $90.40 on concerns that the auto market in China may be slowing.  The ADRs (OTCPink: BAMXY.PK) were off 4.92% to $30.16.

The ADRs of Volkswagen AG (OTCPink: VLKAY.PK) slid 5.36% to $32.31 on the auto market news out of China.  The ordinary shares (OTCPink: VLKAF.PK) were off 2.7% to $162.00.

 

 

 

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