ReleaseWire

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.

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.

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.

Organovo Holdings Inc. (PINKSHEETS: ONVO), a developer of three-dimensional (3D) bioprinting technology for creating functional human tissues on demand for research and medical applications, is down sharply in mid-day trading today, reversing some of the gains from earlier in the week. ONVO had finished higher in each of the previous three trading sessions.

AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, is seeing a pullback in mid-day trading today after the huge rally on Wednesday. AAMRQ had finished nearly 43% higher on Wednesday after the company said that its improving business prospects mean that shareholders might get something back when the company emerges from bankruptcy. AAMRQ had filed for bankruptcy in November 2011.

North American Palladium Ltd. (AMEX: PAL), a precious metal producer operating its flagship Lac des lles mine in Ontario, Canada, is up sharply in mid-day trading today. At last check, PAL was trading 5.92% higher at $1.61 on volume of 2.46 million, which is well above the daily average volume of 2.13 million. The stock has gained more than 7% in the last three trading sessions.

Quiksilver Inc. (NYSE: ZQK), a diversified company engaged in the design, development and distribution of branded apparel, footwear, accessories and related products, is up sharply in mid-day trading today, extending its gains from the previous trading sessions.

Lloyds Banking Group Plc (ADR) (NYSE: LYG), a provider of banking and financial services to personal and corporate customers mainly in the U.K., is up sharply in mid-day trading today, extending its gains for the week.

NuVasive Inc. (NASDAQ:NUVA), a medical device company engaged in the development of minimally disruptive surgical products and procedures for the spine, is rallying in mid-day trading today after reported its preliminary unaudited full-year 2012 revenue results.

Canadian Solar Inc. (NASDAQ:CSIQ), a company engaged in the design, development, manufacture and sale of solar power products in Canada and internationally, is seeing a huge rally in mid-day trading today after the company announced that its submission of the 148 MW solar park PV project in southern Brandenburg, Germany was named the 2012 winter Solar Project of the Year Award by POWER-GEN International.

AMR Corporation (OTC:AAMRQ), the parent company of American Airlines, is seeing a huge rally in mid-day trading today after the company said that its business prospects have improved significantly and therefore equity holders might receive some value from its Chapter 11 reorganization. AAMRQ had filed for bankruptcy in November 2011.

LDK Solar Co. Ltd. (ADR) (NYSE:LDK) is another Chinese solar stock that is rallying in mid-day trading today. LDK is also soaring on report that China will increase its solar installation in 2013. Chinese government has been supporting Chinese solar firms through subsidies. Earlier this week, LDK also announced that it regained compliance with New York Stock Exchange’s (NYSE) continued listing requirement.

Aeropostale Inc. (NYSE:ARO), a mall-based, specialty retailer of casual apparel and accessories, is up sharply in mid-day trading today. At last check, ARO was trading 1.94% higher at $13.13 on volume of 2.63 million, which is above the daily average volume of 2.26 million. Despite the sharp rise today, ARO has fallen more than 1% for the week.

Clearwire Corporation (NASDAQ: CLWR), a provider of fourth-generation (4G) wireless broadband services, is soaring in mid-day trading today after the company received a takeover offer from DISH Network Corp. (NASDAQ: DISH).

Echo Automotive Inc. (OTCQB: ECAU), a manufacturer of cost reduction technology for converting fleet vehicles into highly fuel efficient plug-in hybrids, are up sharply in mid-day trading today. At last check, ECAU was trading 2.70% higher at $0.760 on volume of 111,720, which is nearly two times the daily average volume of 61,846. The stock has gained more than 4% in the last five trading sessions.

Magnum Hunter Resources Corp. (NYSE: MHR) stock closed its latest trading session at $4.20, up 1.45 percent from its previous close of $4.14. However, its today’s volume of 1.705 million shares was significantly lower than its usual trading volume of 3.357 million shares. The stock opened the session at $4.12 and touched its highest price point at $4.20. Magnum Hunter Resources shows bullish trend and its stock can touch $4.31 in the coming sessions. After breaching this level, it may go as high as $4.73. The company is an oil and gas outfit. It was earlier known as Petro Resources Corporation and changed its name in 2009.