Morning Movers 11/29: (CEDC) (HDY) (DEXO) (INHX) Higher; (AMR) (SFL) (GLW) Lower
Down)
AMR Corp. (NYSE: AMR) 85.8% LOWER; filed for Chapter 11 bankruptcy this morning.
Central European Distribution Corp. (Nasdaq: CEDC) 29.4% HIGHER; according to a 13D just filed, Russian Standard has reported a 9.9 percent stake in the company. The new stake allows for talks with execs at Central European Distribution Corp.
Hyperdynamics (NYSE: HDY) 17% HIGHER; continuing to bounce following a very tough November. The stock plunged nearly 25 percent on Nov. 9th following Q3 results, and sold off an additional 34 percent since then. The stock is holding above $3 recently.
Dex One (NYSE: DEXO) 15.5% HIGHER; stock acting very strongly over the $1 level. After climbing more than 30 percent yesterday, shares are continuing higher today.
Inhibitex, Inc. (Nasdaq: INHX) 14.9% HIGHER; announced several recent clinical and corporate developments, including top-line safety and antiviral data from its ongoing clinical trial designed to evaluate additional doses of INX-189, an oral nucleotide polymerase inhibitor being developed to treat chronic infections caused by hepatitis C virus (HCV), administered as monotherapy or in combination with ribavirin (RBV) for seven days.
Qiao Xing Universal Resources, Inc. (NASDAQ: XING) 14.5% HIGHER; today announced that it has signed a letter of intent to acquire a 100% equity interest in a company that owns an open-pit marble mine located in Guzhang County, Hunan province, China, from an independent third party.
Ship Finance (NYSE: SFL) 14.5% LOWER; following a 9 percent move higher yesterday, Moody's downgraded the company's ratings to B1 this morning. The ratings agency said the company's rating may be cut further.
Corning (NYSE: GLW) 12% LOWER; comments on the company's guidance (which will be announced by the company's Tony Tripeny at the Credit Suisse Annual Technology Conference in Scottsdale, Ariz. at 1:30 p.m. Click here to see the full report.
ChinaCast Education Corporation (Nasdaq: CAST) 11% LOWER; is seeing morning pressure on fraud allegations from Kerrisdale Capital. Click here to see the full report.
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Central European Distribution Corp. (Nasdaq: CEDC) 29.4% HIGHER; according to a 13D just filed, Russian Standard has reported a 9.9 percent stake in the company. The new stake allows for talks with execs at Central European Distribution Corp.
Hyperdynamics (NYSE: HDY) 17% HIGHER; continuing to bounce following a very tough November. The stock plunged nearly 25 percent on Nov. 9th following Q3 results, and sold off an additional 34 percent since then. The stock is holding above $3 recently.
Dex One (NYSE: DEXO) 15.5% HIGHER; stock acting very strongly over the $1 level. After climbing more than 30 percent yesterday, shares are continuing higher today.
Inhibitex, Inc. (Nasdaq: INHX) 14.9% HIGHER; announced several recent clinical and corporate developments, including top-line safety and antiviral data from its ongoing clinical trial designed to evaluate additional doses of INX-189, an oral nucleotide polymerase inhibitor being developed to treat chronic infections caused by hepatitis C virus (HCV), administered as monotherapy or in combination with ribavirin (RBV) for seven days.
Qiao Xing Universal Resources, Inc. (NASDAQ: XING) 14.5% HIGHER; today announced that it has signed a letter of intent to acquire a 100% equity interest in a company that owns an open-pit marble mine located in Guzhang County, Hunan province, China, from an independent third party.
Ship Finance (NYSE: SFL) 14.5% LOWER; following a 9 percent move higher yesterday, Moody's downgraded the company's ratings to B1 this morning. The ratings agency said the company's rating may be cut further.
Corning (NYSE: GLW) 12% LOWER; comments on the company's guidance (which will be announced by the company's Tony Tripeny at the Credit Suisse Annual Technology Conference in Scottsdale, Ariz. at 1:30 p.m. Click here to see the full report.
ChinaCast Education Corporation (Nasdaq: CAST) 11% LOWER; is seeing morning pressure on fraud allegations from Kerrisdale Capital. Click here to see the full report.
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