Today’s Most Active Stocks - (NASDAQ:CVBF, EXXI, FUQI ) - Stock News

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CVB Financial Corp. (NASDAQ:CVBF) surged 11.76% to $8.55 with a huge volume of 433k shares. On October 16, 2009 it announced that its wholly owned subsidiary bank, Citizens Business Bank, entered an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase most of the assets and assume most of the deposit liabilities of San Joaquin Bank (agreement). The California Department of Financial Institutions closed San Joaquin Bank on October 16, 2009, and appointed the FDIC as receiver. Thereafter, Citizens Business Bank signed the agreement with FDIC. Under the terms of the agreement, Citizens Business Bank will purchase most of the assets and assume all deposits, with the exception of Cede & Co. brokered deposits, of San Joaquin. The stock has a 52-week range of $4.91-$13.35. CVB Financial Corp. (CVB) is a bank holding company of Citizens Business Bank (the Bank). The Company’s primary operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money through the operations of the Bank.

Energy XXI (Bermuda) Limited (NASDAQ:EXXI)  added $0.42 or 22.58% over its previous day’s price and now trades at $2.28 on massive volume of 1.7 million shares on no news. The stock has a 52-week range of $0.25-$2.33. Today the stock also created a new 52-week high of $2.33.  So far in the last six months the stock has rallied over 296%. Energy XXI (Bermuda) Limited (Energy XXI) is an independent oil and natural gas exploration and production company. The Company is engaged in the acquisition, exploration, development and operation of oil and natural gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico.

Fuqi International, Inc. (NASDAQ:FUQI)   rallied 7.19% to $27.12 on huge volume of 567 shares on no news. The stock has a 52-week range of $3.31-$32.68. The stock today also touched a new 52-week high at $2.96. So far in the last six months the stock has rallied over 431%. Fuqi International, Inc. (Fuqi) is a designer of precious metal jewelry in China, developing, promoting, and selling a range of products in the Chinese luxury goods market. The Company’s products consist of a range of styles and designs made from gold and other precious metals, such as platinum and Karat gold (K-gold).

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