ReleaseWire

Nokia Corporation (ADR) (NYSE: NOK), a provider of telecommunications infrastructure hardware, software and services globally, is soaring in mid-day trading today, extending its gains from the previous trading session. NOK had finished nearly 19% higher in Thursday’s trading session.

Arena Pharmaceuticals Inc. (NASDAQ: ARNA), a clinical-stage biopharmaceutical company engaged in the discovery, development and commercialization of oral drugs that target G protein-coupled receptors, is marginally higher in mid-day trading today, reversing some of the losses from the previous two trading sessions.

Fannie Mae M/A 8.25 Preferred Shares (OTCQB: FNMAS) is up sharply in mid-day trading today, extending its gains from the previous trading sessions. At last check, FNMAS was trading 1.04% higher at $1.95 on volume of 105,857, which is less than tenth of the daily average volume of 1.59 million. The stock has gained more than 8% in the last three trading sessions.

RF Micro Devices Inc. (NASDAQ: RFMD), a designer and manufacturer of radio frequency components and compound semiconductor technologies, is marginally higher in mid-day trading today, extending its gains from the previous trading session. RFMD had risen sharply on Thursday, finishing the day more than 4% higher.

Janus Capital Group Inc. (NYSE: JNS), a provider of investment management, administration, distribution and related services to individual and institutional investors through mutual funds, other pooled investment vehicles, separate accounts and sub-advised relationships, is up sharply in mid-day trading today.

TouchIT Technologies Inc. (OTCQB: TUCN), a company engaged in the design, production and marketing of touch-based visual communications products for the education and corporate government markets, is seeing a huge rally in mid-day trading today.

Sequenom Inc. (NASDAQ: SQNM), a manufacturer of DNA detection and sequencing equipment, is up sharply in mid-day trading today, reversing some of the losses from this week. SQNM had finished lower in each of the previous four trading sessions this week.

AMR Corp. (OTCQB: AAMRQ), the parent company of American Airlines, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. AAMRQ, which filed for bankruptcy in November 2011, rallied earlier in the week after the company said that its improving business prospects mean that shareholders may get some value when the company emerges from bankruptcy. The airline also reported its traffic results for the month of December earlier in the week.

World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is down sharply in mid-day trading today, extending its losses for the week. At last check, FARE was trading 20.93% lower at $0.0850 on volume of 18.23 million, which is below the daily average volume of 24.41 million. The stock has fallen nearly 67% this week.

AMR Corporation (OTCQB: AAMRQ) traded in the range of $1.14 and $1.44 during its latest trading session. The stock had opened at $1.33 and closed at $1.29, down 0.03 percent from its previous close. AMR Corporation has its first support level at $1.08. If the stock breaches this level, it may touch $1.05. AMR Corporation recorded the volume of 23.312 million shares, which is significantly higher than its average daily trading volume of 4.355 million shares.

Research In Motion Limited (USA) (NASDAQ: RIMM) is planning to launch the latest release of its Blackberry operating system – the Blackberry 10 – on January 30. The launch of the Blackberry 10 operating system (OS) later this month is sure to be followed, perhaps not immediately, by the latest range of Blackberry devices. Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services, RIM provides platforms and solutions for seamless access to information, including e-mail, voice, instant messaging, short message service (SMS), Internet and intranet-based applications and browsing.

SUPERVALU INC. (NYSE: SVU), the food stores operator agreed to sell its five retail grocery banners to Cerberus-led investor group for $3.3 billion and the company named Sam Duncan as its CEO. SUPERVALU INC. (SUPERVALU) is a United States grocery channel. It operates in two segments: Retail food and Independent business. The Company leverages its distribution operations by providing wholesale distribution and logistics and service solutions to its independent retail customers through its Independent business segment. The Retail food segment derives revenues from the sale of groceries at retail locations operated by the Company, and the Independent business segment derives revenues from wholesale distribution to independently-owned retail food stores and other customers.

Xtremely rare do investors see companies and insiders buying back shares on an OTC listed company, but EKNL looks to be doing just that making share inventory scarcer by the day and super thin.

Geron Corporation (NASDAQ: GERN). California-based BioTime Inc. announced on January 7 that it will buy Geron Corporation’s human embryonic stem cell (hESC) assets, which includes intellectual property, 400 patents and patent applications, and the first ever US Food and Drug Administration-approved Phase I clinical trial of a hESC therapy.

Nokia Corp (NYSE: NOK) opened at $4.45 and oscillated in the range of $4.24 and $4.50 in the current trading session. It closed at $4.45, up 18.67 percent from its previous close of $3.75. Nokia Corp shows bullish trend and the stock’s first resistance level is at $4.72. On the downside, it may slip to $4.13. Nokia traded 292 million shares in this trading session.

Amarantus BioSciences Inc. (OTCQB: AMBS) is showing neutral trend as it traded in the range of $0.0671 and $0.096 during its latest trading session. The stock had opened at $0.09 and closed at $0.069, down 28.13 percent from its previous close of $0.10. Amarantus BioSciences recorded the volume of 28.474 million shares. The stock is likely to turn neutral in medium time period and may tumble down to $0.05 level. On the up side, the stock may go as high as $0.08 in the coming trading sessions.

Alcatel Lucent SA (NYSE: ALU) traded in the range of $1.60 and $1.65 during its latest trading session. The stock recorded the volume of 25.088 million shares, higher than its average daily trading volume of 22.250 millio shares. Its up move accompanied by high volume shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock had opened at $1.65 and closed at $1.63, up 4.49 percent from its previous close of $1.56. It has its first resistance level at $1.65.

USA Graphite Inc. (OTCQB: USGT) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $0.90 and remained in $0.55 and $0.93 price range during the session. The stock closed 22.82 percent down at $0.69. USA Graphite’s first support level is at $0.59. Upon breaching this level, the stock may go as low as $0.55. On the upside, its first resistance level is at $0.80. USA Graphite is based out of Nevada and it was established in 2005.

E Trade Financial Corporation (NASDAQ: EFTC), a financial services company providing online brokerage and related products and services primarily to individual retail investors, is up sharply in mid-day trading today. At last check, EFTC was trading 2.57% higher at $9.61 on volume of 2.12 million, which is below the daily average volume of 3.45 million.

Supervalu Inc. (NYSE: SVU), a U.S. grocery channel, is seeing a huge rally in mid-day trading today after the company announced a definitive agreement under which it will sell its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on-in-store pharmacies to an affiliate of a Cerberus Capital Management-led investor consortium. SVU also announced its financial results for the third quarter earlier today.

RF Micro Devices Inc. (NASDAQ: RFMD), a designer and manufacturer of radio frequency components and compound semiconductor technologies, is up sharply in mid-day trading today. At last check, RFMD was trading 3.80% higher at $4.92 on volume of 3.86 million, which is below the daily average volume of 5.20 million. RFMD has had an excellent run over the last week, gaining more than 12% in the last five trading sessions.

Alcatel Lucent SA (ADR) (NYSE: ALU), a provider of networking and communications technology, products and services to services providers, enterprises and government worldwide, is up sharply in mid-day trading today, paring some of the losses from the previous trading sessions.

Today’s Alternative Energy Corp. (OTCQB: TAEC), a development-stage company engaged in green cleaning products and biodiesel businesses, is down sharply in mid-day trading after the rally on Wednesday. TAEC had finished 24% higher on Wednesday after the company announced that it signed a letter of intent to acquire Star Mechanical, a New Jersey-based energy efficiency and HVAC company.

USA Graphite Inc. (OTCQB: USGT), an exploration company engaged in the acquisition, exploration and development of world-class graphite properties in North America, is marginally lower in mid-day trading today, extending its losses from the previous trading session.

VuMee Inc. (OTCQB: VUME), a digital mobile advertising platform designed to provide high profile individuals and brands the ability to connect with fans and consumers through engaging and entertaining video content, is down sharply in mid-day trading today, reversing some of the gains from the previous trading session.