American equities recorded solid gains yesterday after better-than-projected Chinese trade data raised growth hopes for the world’s second-biggest economy.
Houston American Energy Corporation (NYSEAMEX:HUSA) led top % gainers yesterday on rumor that the company will issue an update on civil lawsuit which they believed were winning and update on Columbian property which they have permitted and will start drilling.
China Ming Yang Wind Power Group Ltd (NYSE:MY) jumped 18.71% on news that China’s exports soared in December and the country is increasing its wind power capacity.
VOXX International Corp (NASDAQ:VOXX) rallied 18.26% after reporting fiscal 2013 third quarter results.
Tranzyme Inc (NASDAQ:TZYM) continued to gain sharply after transferring compounds to Bristol-Myers Squibb for more development across multiple drug targets.
TranSwitch Corporation (NASDAQ:TXCC) skyrocketed after its new HDplay Transceivers, launched at the 2013 International CES was considered the industry’s only solutions to support HDMI, DisplayPort, and MHL connectivity in a Single IC.
SUPERVALU INC. (NYSE:SVU) was actively trading higher after the grocery store operator unveiled its plans to sell five of its biggest chains for $100 million in cash plus more than $3 billion in debt.
Furniture Brands International, Inc. (NYSE:FBN) added 13.9% after announcing participation at the 15th Annual ICR XChange Conference to be held at The Fontainebleau Miami Beach in Miami, Florida on Wednesday, January 16, 2013 at 11:05 am ET.
Oculus Innovative Sciences, Inc. (NASDAQ:OCLS) surged after its board of directors unanimously permitted a spin-off of its novel biotechnology business, Ruthigen, Inc.
hhgregg, Inc. (NYSE:HGG) was up after a scan of post-Christmas shopping deals both in-store and online on Wednesday revealed that the company continued to hammer its email list with offers, promising sale prices up to 30 percent off and an extra 5 percent savings on TV and appliance purchases of $499 or more through Saturday, according to its mailer.
Uranium Resources, Inc. (NASDAQ:URRE) rallied as the Uranium industry is likely to grow in 2013 as demand from major energy consumers China and Japan are projected to increase.
ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) increased 10.3% after Levi & Korsinsky announced Class Action Lawsuit.
Youku Tudou Inc (ADR) (NYSE:YOKU) moved up to 5-month high after Chinese equities advanced for a second day in New York, as trade data that surpassed economists’ estimates strengthened the case for a rebound in Asia’s biggest economy. Yelp Inc (NYSE:YELP), Baidu.com, Inc. (ADR) (NASDAQ:BIDU) and SINA Corp (NASDAQ:SINA) each gained over 5%.
Leap Wireless International, Inc. (NASDAQ:LEAP) after Guggenheim Securities analyst Shing Yin said that there’s a 70 percent chance MetroPCS Communications Inc. (NYSE:PCS) and T-Mobile USA will make an offer for LEAP after completing their merger.
FreeSeas Inc. (NASDAQ:FREE) was back on the move, trimming Wednesday’s decline to end the day up 8.97% on Thursday.
Nam Tai Electronics, Inc. (NYSE:NTE) jumped after a report claimed that the company could be another way to play the iPad boom from Apple Inc. (NASDAQ:AAPL).
Inteliquent (NASDAQ:IQNT), Sycamore Networks, Inc. (NASDAQ:SCMR) and Gevo, Inc. (NASDAQ:GEVO) each rose more than 6%.
Some noteworthy 5-6% gainers were Yamana Gold Inc. (USA) (NYSE:AUY), Tesoro Corporation (NYSE:TSO), Excel Maritime Carriers Ltd (NYSE:EXM), Best Buy Co., Inc. (NYSE:BBY), Bank of Ireland (ADR) (NYSE:IRE), North American Palladium Ltd (USA) (NYSEAMEX:PAL), NXP Semiconductors NV (NASDAQ:NXPI) and Denison Mines Corp (USA) (NYSEAMEX:DNN).
Some of the most active upbeat stocks were Nokia Corporation (ADR) (NYSE:NOK), Facebook Inc (NASDAQ:FB), Ford Motor Company (NYSE:F), Sirius XM Radio Inc (NASDAQ:SIRI) and ArcelorMittal (ADR) (NYSE:MT).
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