Today’s Most Active Stocks - (NYSE:SLT, RAMS, ADS) - Stock Alert

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Sterlite Industries India Limited (ADR) (NYSE:SLT) jumped 5.23% to $17.49 with a massive unusual volume of 7.41 million shares compared to a daily average trading of 1.92 million shares. The stock has a 52-week range of $3.18-$18.78. Today the company announced that it has priced its public offering (the Offering) of $500 million aggregate principal amount of Convertible Senior Notes (Notes). The Notes are convertible into the Company's American Depositary Shares (ADSs) at an initial conversion price of approximately $23.33 per ADS, subject to adjustment in certain events. The Notes have a maturity date of October 30, 2014, and will bear interest at the rate of 4.00% per annum. The Offering is expected to settle on October 29, 2009. terlite Industries (India) Limited (Sterlite) is a non-ferrous metals and mining company. In addition to the Company’s three primary businesses of copper, zinc and aluminum, it is also developing a commercial power generation business in India that leverages the Company’s capability in building and managing captive power plants used to support its primary businesses.

Aries Maritime Transport Limited (NASDAQ:RAMS)  added $0.07 or 6.67% over its previous day’s price and now trades at $1.12 on huge volume of 173k shares on no news. The stock has a 52-week range of $0.31-$1.64. Aries Maritime Transport Limited is an international shipping company that owns products tankers and container vessels. As of June 25, 2009, the Company’s fleet consisted of nine product tankers and three container vessels, including the Ocean Hope, which it has contracted to sell.

Alliance Data Systems Corporation (NYSE:ADS) surged 5.84% to $68.69 with an unusual massive volume of 2.87 million shares compared to a daily trading average of 1.22 million shares on no news. The stock has a 52-week range of $22.76-$69.09. Today the stock also created a new 52-week high of $69.09. Alliance Data Systems Corporation (ADSC) is a provider of data-driven and transaction-based marketing and customer loyalty solutions. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, marketing strategy consulting, analytics and creative services, permission-based e-mail marketing and private label retail credit card programs.

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