Stock Alerts: TSFG, SVNT, RINO are The Top Loser of the day

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The South Financial Group (NASDAQ:TSFG) plunged 6.99% or $0.10 to $1.33 on a massive volume of 1.93 million shares in Early morning trade on no news. The stock hit an intraday high of $1.43 and an intraday low of $1.32.The stock has a 52-week range of $0.66 to $8.50. The South Financial Group, Inc. is a bank holding company. TSFG operates principally through Carolina First Bank, a South Carolina-chartered commercial bank, which conducts banking operations in South Carolina and North Carolina (as Carolina First), in Florida (as Mercantile), and on the Internet (as Bank CaroLine).

Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) fell 8.83% or $1.33 to $13.74 on over 1.30 million shares Savient Pharmaceuticals, Inc. announced yesterday its intention to commence, an underwritten public offering of 4,000,000 shares of its common stock pursuant to an effective shelf registration statement on Form S-3. Savient also intends to grant the underwriters a 30-day option to purchase up to an aggregate of 600,000 additional shares of common stock to cover over-allotments, if any. All of the shares in the offering are to be sold by Savient.

RINO International Corporation (NASDAQ:RINO) corrected 4.96% or $1.19 to $22.78 on over 1.08 million   shares on profit booking as it rallied over 31% in last five trading sessions. The stock hit an intraday high and low of $23.39 and $21.52 respectively. So far the stock jumped over 123% in last six months of trade. RINO International Corporation, formerly Jade Mountain Corporation, incorporated in 1984, is engaged in the business of environmental protection and remediation. The Company’s business consists of designing, manufacturing, installing and servicing wastewater treatment and flue gas desulphurization equipment principally for use in China’s iron and steel industry, and anti-oxidation products and equipment designed for use in the manufacture of hot rolled steel plate products.

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