Suntech Power Holdings Co Ltd (ADR) (NYSE: STP) increased 2.99% to $1.72. So far this year, the stock is up over 12%. The 52-week range for the stock is $0.71 and $4.40. Earlier, the Company regained compliance with the New York Stock Exchange's quantitative continued listing requirements. Suntech is principally engaged in the design, development, manufacturing and marketing of photovoltaic products and also provides engineering, procurement and construction services to building solar power systems using its own solar modules for residential, commercial, and utility-scale power plant customers.
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Threshold Pharmaceuticals Inc (NASDAQ: THLD) climbed up 8.76% to $5.34. The Company said that its partner Merck KGaA through its division Merck Serono initiated the global Phase 3 MAESTRO study assessing the efficacy and safety of investigational hypoxia-targeted drug TH-302 in combination with gemcitabine in patients with previously untreated, locally advanced unresectable or metastatic pancreatic adenocarcinoma.
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Sony Corporation (ADR) (NYSE: SNE) moved up 6.51% to $14.40 on a traded volume of 207k shares.According to report fromReuters, a Japanese state-backed fund wants a Nissan Motor Co Ltd and NEC Corp joint venture to buy Sony Corp's lithium-ion battery unit to prevent rivals in China and Taiwan.
Sony Corp has been fined by Britain's data watchdog for a breach that compromised the personal information of millions of customers using PlayStation videogames consoles.
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Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) augmented 2.90% to $45.06 on a traded volume of 176k shares. The analyst of Key Banc gave an upbeat assessment of the company's near-term prospects. SunTrust increased the price target on Green Mountain Coffee Roasters from $45.00 to $50.00 in a research report sent to investors. The firm currently has a buy rating on the stock.
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Zynga Inc (NASDAQ: ZNGA) increased 1.29% to $2.51.According to data from the Shanghai Press and the Publication Administration, gaming revenue in China jumped up 35.8%. Overall online gaming revenue totaled 19 billion Yuan or $3 billion U.S. dollars. Zynga's revenue is expected to total $1.1 billion in 2012.
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