First California Financial Group (NASDAQ: FCAL) 3.13 - First California Financial Group, Inc. (FCAL) is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. FCAL shares have been showing an increased volume since the announcement that First California and Federal Reserve Bank of San Francisco have terminated their informal agreement on January 24th. Stock has been steadily rising in the past few days from 3.05 to 3.15 with a moderate increased volume.
Hyperdynamics. (AMEX: HDY)
5.73 - Hyperdynamics operates as an independent oil and gas exploration and
production co. that explores oil and gas offshore the Republic of Guinea in
West Africa. It was founded in 1995 and is based out of Houston, Texas.
The company recently announced that the non binding Letter of Intent it signed
with a medium size independent oil and gas company has been terminated. The
announcement of the Letter of Intent was made by HDY on December 15th, 2010.
Company is also planning to continue operations with AGR for the rig tender in
connection with the scheduled drilling by the fourth quarter of 2011. Shares
have dropped 23% in pre-market hours as the news was perceived with panic
selling by investors.
Cavico Corp. (NASDAQ: CAVO) 1.70 - Cavico Corp. is a major infrastructure construction, infrastructure investment and natural resources conglomerate based out of Vietnam. CAVO has been showing minor activity as the company was recently awarded $7.75 million tunnel construction contract for Song Giang 1 Hydropower plant. It signed a contract with Song Giang Hydropower Joint Stock Company for the Song Giang 1 hydropower plant in Khanh Vinh District, in central Vietnam Khanh Hoa Province.
Tellabs Inc. (NASDAQ: TLAB) 7.04 - TLAB's stock has plumetted with an increased volume of 3.5 million as the company swung to a fourth quarter loss since its revenues rose but its margins declined significantly. Tellabs, Inc. develops, designs and supports telecom. Networking products for service providers worldwide. Its products and services enable its customers to deliver wireless voice, video and data services to residential customers and businesses.
Aeterna Zentaris Inc. (NASDAQ: AEZS) 1.57 - AESZ shares are seeing an increased activity as the recent announcement that IRG’s investor relations team will target specific portfolio managers and equity analysts in the investment community to increase awareness of its product pipeline and its clinical trials. Aeterna Zentaris Inc. is late-stage drug development company specializing in oncology and endocrinology. Its lead oncology compounds include perifosine that is in Phase III registration trial for multiple myeloma.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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