(EMAILWIRE.COM, March 08, 2010 ) Dallas, Tx - Origin Agritech Ltd. (NASDAQ:SEED) surged over 11% to $11.48 on higher than the average volume after the company announced it has developed a strategic pesticide business unit for premium branded chemical products.
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Cell Therapeutics, Inc. (NASDAQ:CTIC) soared over 25% to $1.12 on very high volume of 24.41 million shares with in less than 30 mins of morning trade. Cell Therapeutics, Inc today announced that the U.S. Food and Drug Administration ("FDA") has completed its inspection of the facility at NerPharMa (a pharmaceutical manufacturing company belonging to Nerviano Medical Sciences Srl, in Nerviano, Italy), which manufactures the CTI's drug pixantrone and has found the site in compliance and acceptable for continued manufacturing of the drug product. In the past 5 five trading sessions, the stock has jumped over 66%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) fell 7.50% to $11.92 after today announced its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2009.
Xyratex Ltd. (NASDAQ:XRTX) soared 17% to $17.93 on volume of 1.39 million shares compared to its average volume of 300K shares, Xyratex Ltd. (XRTX: News ) announced preliminary results for its fiscal 2010 first quarter, which ended February 28, 2010. For the first quarter of fiscal 2010, the company now expects GAAP earnings to be in the range of $0.77 - $0.87 per share, compared to the prior estimated range of $0.24 - $0.52 per share. The company raised its first-quarter revenues outlook to a range of $313 million - $318 million, from the prior range of $245 million - $285 million.
The E.W. Scripps Company (NYSE:SSP) plunged 11% to $8.65 on 3X of its average volume with in half an hour of opening trade.
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