Energy Conversion Devices Surging on Interest Payment

Shares of solar product maker Energy Conversion Devices ENER are seeing much strength in Friday's trading session after the company announced it made an interest payments. Energy Conversion Devices announced that it has made its previously deferred semi-annual interest payment on its 3.00% Convertible Senior Notes due June 2013. The payment brings ECD current with its obligations under the Notes. Currently, shares of Energy Conversion Devices are trading 77% higher at $1.01.