ReleaseWire Connect

AMR Corp. (OTCQB: AAMRQ), the parent company of American Airlines, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. AAMRQ, which filed for bankruptcy in November 2011, rallied earlier in the week after the company said that its improving business prospects mean that shareholders may get some value when the company emerges from bankruptcy. The airline also reported its traffic results for the month of December earlier in the week.

World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is down sharply in mid-day trading today, extending its losses for the week. At last check, FARE was trading 20.93% lower at $0.0850 on volume of 18.23 million, which is below the daily average volume of 24.41 million. The stock has fallen nearly 67% this week.

AMR Corporation (OTCQB: AAMRQ) traded in the range of $1.14 and $1.44 during its latest trading session. The stock had opened at $1.33 and closed at $1.29, down 0.03 percent from its previous close. AMR Corporation has its first support level at $1.08. If the stock breaches this level, it may touch $1.05. AMR Corporation recorded the volume of 23.312 million shares, which is significantly higher than its average daily trading volume of 4.355 million shares.

Research In Motion Limited (USA) (NASDAQ: RIMM) is planning to launch the latest release of its Blackberry operating system – the Blackberry 10 – on January 30. The launch of the Blackberry 10 operating system (OS) later this month is sure to be followed, perhaps not immediately, by the latest range of Blackberry devices. Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services, RIM provides platforms and solutions for seamless access to information, including e-mail, voice, instant messaging, short message service (SMS), Internet and intranet-based applications and browsing.

SUPERVALU INC. (NYSE: SVU), the food stores operator agreed to sell its five retail grocery banners to Cerberus-led investor group for $3.3 billion and the company named Sam Duncan as its CEO. SUPERVALU INC. (SUPERVALU) is a United States grocery channel. It operates in two segments: Retail food and Independent business. The Company leverages its distribution operations by providing wholesale distribution and logistics and service solutions to its independent retail customers through its Independent business segment. The Retail food segment derives revenues from the sale of groceries at retail locations operated by the Company, and the Independent business segment derives revenues from wholesale distribution to independently-owned retail food stores and other customers.

Geron Corporation (NASDAQ: GERN). California-based BioTime Inc. announced on January 7 that it will buy Geron Corporation’s human embryonic stem cell (hESC) assets, which includes intellectual property, 400 patents and patent applications, and the first ever US Food and Drug Administration-approved Phase I clinical trial of a hESC therapy.

Nokia Corp (NYSE: NOK) opened at $4.45 and oscillated in the range of $4.24 and $4.50 in the current trading session. It closed at $4.45, up 18.67 percent from its previous close of $3.75. Nokia Corp shows bullish trend and the stock’s first resistance level is at $4.72. On the downside, it may slip to $4.13. Nokia traded 292 million shares in this trading session.

Amarantus BioSciences Inc. (OTCQB: AMBS) is showing neutral trend as it traded in the range of $0.0671 and $0.096 during its latest trading session. The stock had opened at $0.09 and closed at $0.069, down 28.13 percent from its previous close of $0.10. Amarantus BioSciences recorded the volume of 28.474 million shares. The stock is likely to turn neutral in medium time period and may tumble down to $0.05 level. On the up side, the stock may go as high as $0.08 in the coming trading sessions.

Alcatel Lucent SA (NYSE: ALU) traded in the range of $1.60 and $1.65 during its latest trading session. The stock recorded the volume of 25.088 million shares, higher than its average daily trading volume of 22.250 millio shares. Its up move accompanied by high volume shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock had opened at $1.65 and closed at $1.63, up 4.49 percent from its previous close of $1.56. It has its first resistance level at $1.65.

USA Graphite Inc. (OTCQB: USGT) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.90 and remained in $0.55 and $0.93 price range during the session. The stock closed 22.82 percent down at $0.69. USA Graphite’s first support level is at $0.59. Upon breaching this level, the stock may go as low as $0.55. On the upside, its first resistance level is at $0.80. USA Graphite is based out of Nevada and it was established in 2005.