ReleaseWire Connect

Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM), a biotechnology company engaged in the development of monoclonal antibodies for the treatment and diagnosis of cancer, is seeing a huge rally in trading today after the company provided an update on the initial review of its Phase II NSCLC trial. The company said that the results of the extensive internal review indicate that discrepancies are isolated to the placebo and 1 mg/kg t.

USA Graphite Inc. (OTCQB: USGT), an exploration company engaged in the acquisition, exploration and development of world-class graphite properties in North America, is gaining in mid-day trading today after the company last Friday informed shareholders regarding its activities in selecting the location of a high-quality Canadian project for a potential acquisition.

Advanced Cell Technology Inc. (OTCQB: ACTC), a biotechnology company focusing on the development and commercialization of human embryonic, induced pluripotency, and adult stem cell technology, is rallying in trading today, extending its gains from last week.

World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle product industry, is soaring in mid-day trading today, extending its gains from last week. FARE had finished higher in each of the trading sessions last week.

Zynga Inc. (NASDAQ: ZNGA) shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $2.43 and remained in $2.42 and $2.69 price range during the session. The stock closed 9.13 percent higher at $2.63. Zynga’s first resistance level is at $3.25. Upon breaching this level, the stock may go as high as $5.00.

Qualcomm Incorporated (NASDAQ: QCOM) stock closed its latest trading session at $63.50, down 1.47 percent from its previous close of $64.45, with high volumes. Its latest trading volume has been recorded at 13.801 million shares, in contrast to the average daily trading volume of 12.352 million shares. The stock opened the session at $64.10 and touched its highest price point at $64.35. Qualcomm stock’s lowest price point for the session stood at $63.22. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $64.51. Qualcomm develops and markets digital communication services and devices. The company also deals in licensing of its intellectual property.

Gevo Inc. (NASDAQ: GEVO) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $1.85 and remained in $1.83 and $2.22 price range during the session. The stock closed 19.78 percent higher at $2.18. Gevo’s first resistance level is at $2.59. Upon breaching this level, Gevo stock may go as high as $3.19. On the downside, its first support level is at $2.11.

AmarantusBioScience, Inc. (OTCQB: AMBS), a biotechnology company developing treatments and diagnostics for diseases associated with neurodegeneration and apoptosis centered around its patented anti-apoptosis therapeutic protein MANF, announced that President & CEO Gerald Commissiong will make a corporate presentation at Biotech Showcase 2013 on Wednesday January 9, 2013 at 9:00am PST at the Parc 55 Wyndham Hotel in San Francisco, CA. “The presentations scheduled the week of the healthcare industry’s largest annual congregation of key decision makers in San Francisco will provide an ideal platform to introduce Amarantus to the broader investment community and biopharmaceutical executives,” said Gerald E. Commissiong, President & CEO.

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) traded in the range of $1.84 and $2.68 during its latest trading session. The stock had opened at $1.84 and closed at $2.26, up 25.56 percent from its previous close of $1.80. Despite its up movement, the stock’s MACD chart shows neutral trend and the stock may go up to $2.62 level in the coming session. The stock is also trading above its short term moving average price of $1.89 and long term moving average price of $1.82, which hints at bullish trend. Eagle Bulk Shipping provides transportation of dry cargo.

Alcatel Lucent SA (NYSE: ALU) stock closed its latest trading session at $1.64, up 12.33 percent from its previous close of $1.46. However, its today’s volume of 47.72 million shares was twice than its usual trading volume of 20.464 million shares. The stock opened the session at $1.54 and touched its highest price point at $1.64. Alcatel Lucent stock’s lowest price point for the session stood at $1.51. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $1.48. Upon breaching this level, the stock may fall to $1.45 level. Alcatel Lucent received rating upgrade to Neutral from Credit Suisse.