ReleaseWire Connect

BioNitrogen Corp. (PINKSHEETS: BION), a biotechnology company owning technologies that convert biomass into urea fertilizer, is sinking in mid-day trading today, reversing some of the gains from last week. BION had finished higher in each of the previous six trading sessions. On Friday, BION had gained nearly 19%.

World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is up sharply in mid-day trading today after the company last Friday announced that it agreed to provide the Moto-Meter to Moto-City, the leading motorcycle taxi service in Madrid, Spain. The agreement would bring FARE’s Moto-Meter to Europe.

World Moto Inc. (OTCQB: FARE) stock closed its latest trading session at $0.1584, up 30.80 percent from its previous close of $0.12. However, its today’s volume of 37.263 million shares was higher than its usual trading volume of 25.86 million shares. The stock opened the session at $0.13 and touched its highest price point at $0.16. World Moto stock’s lowest price point for the session stood at $0.1125.

USA Graphite Inc. (OTCQB: USGT) shows bullish trend as the stock opened the session at $0.76 and remained in the range of $0.72 and $0.849 price range during its latest trading session. The stock closed 1.54 percent higher at $0.76. USA Graphite’s first support level is at $0.69. Upon breaching this level, the stock may go as low as $0.55.

Tamm Oil and Gas Corp. (OTCQB: TAMO) shows bullish trend as the stock made a sharp movement today. It opened the session at $0.20 and remained between $0.16 and $0.22 price range during the session. However, the stock closed 15 percent lower at $0.17. Tamm Oil and Gas’ first support level is at $0.16. Upon breaching this level, the stock may go down to $0.15. On the upside, its first resistance level is at $0.18.

Nestle (PINKSHEETS: NSRGY) opened at $65.52 and oscillated in the range of $65.15 and $65.63 in the current trading session. It closed at $65.34, down 0.29 percent from its previous close of $65.53. Nestle shows neutral trend and the stock’s first resistance level is at $65.54. Upon breaching this level, the stock may touch $66.21. On the downside, it may slip to $65.09.

AMR Corporation (OTCQB: AAMRQ) stock closed its latest trading session at $0.7909, up 0.11 percent from its previous close of $0.79, with low volumes. Its latest trading volume has been recorded at 2.35 million shares, in contrast to the average daily trading volume of 3.313 million shares. The stock opened the session at $0.79 and touched its highest price point at $0.8079.

Lincoln National Corporation (NYSE: LNC) opened at $25.21 and oscillated in the range of $19.04 and $27.54 in the current trading session. It closed at $25.23, down 0.83 percent from its previous close of $25.44. Lincoln National Corporation shows bullish trend and the stock’s first resistance level is at $25.74. Upon breaching this level, the stock may touch $26.50.

Suntech Power Holdings Co., Ltd. (ADR) (NYSE: STP) 1.40 +0.07 (5.26%) . The $575 million convertible debt due in March next year is Suntech's biggest financial pressure. Apart from the $575 million debt due in March, the solar panel maker is burdened with a further 200 million yuan ($32 million) in overdue loans, and there will be another 1.4 billion yuan in debts needing paid within the next six months, according to 163.com.

AEterna Zentaris Inc. (USA) (NASDAQ: AEZS) 2.47 +0.30 (13.82%) The company announced that the FDA supports a phase 3 trial of its drug AEZS-108, a potential treatment for endometrial cancer. The U.S.-listed shares of Canadian drugmaker Aeterna Zentaris Inc surged after the company said it had reached an agreement with the U.S. Food and Drug Administration on a special protocol assessment by the FDA for a Phase 3 registration trial in endometrial cancer with AEZS-108 treatment.