Acer Inc. said Tuesday it filed the suit against Lanci, its former chief executive and president, in Italy.

The move comes after rival Lenovo Group Ltd. said last month it had hired Lanci to lead its new EMEA division.

Lanci, who left Acer in March last year, was credited by analysts, investors and people within the company for forming strong relationships with distributors in Europe, which Lenovo is keen to use to its advantage. He was replaced by Acer Chairman J.T. Wang, who intends to capitalize on the rise of tablets and multiple PC operating systems.

“Acer has a solid 2012 business plan for the European market and is back on the right track of end-to-end operations,” it said in the statement Tuesday.

Dow Jones Newswires

SOURCE: http://www.marketwatch.com/story/lenovo-lanci-relationship-conforms-with-law-2012-02-07

Energizer Resources Inc. (OTC:ENZR) started the climb again. After a number of price variations, yesterday ENZR soared approximately 22% on the market and traded over 546 thousand shares for the day. However, the reason for the unexpected gain remains unknown yet.

The latest news by Energizer came up in December and since then no one is familiar with the company’s activities. Provoked by the sudden up move, traders opened a discussion on

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Wall Street 2: Money Never Sleeps