ReleaseWire

BioNitrogen Corp. (PINKSHEETS: BION), a biotechnology company owning technologies that convert biomass into urea fertilizer, is sinking in mid-day trading today, reversing some of the gains from last week. BION had finished higher in each of the previous six trading sessions. On Friday, BION had gained nearly 19%.

World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is up sharply in mid-day trading today after the company last Friday announced that it agreed to provide the Moto-Meter to Moto-City, the leading motorcycle taxi service in Madrid, Spain. The agreement would bring FARE’s Moto-Meter to Europe.

World Moto Inc. (OTCQB: FARE) stock closed its latest trading session at $0.1584, up 30.80 percent from its previous close of $0.12. However, its today’s volume of 37.263 million shares was higher than its usual trading volume of 25.86 million shares. The stock opened the session at $0.13 and touched its highest price point at $0.16. World Moto stock’s lowest price point for the session stood at $0.1125.

USA Graphite Inc. (OTCQB: USGT) shows bullish trend as the stock opened the session at $0.76 and remained in the range of $0.72 and $0.849 price range during its latest trading session. The stock closed 1.54 percent higher at $0.76. USA Graphite’s first support level is at $0.69. Upon breaching this level, the stock may go as low as $0.55.

Tamm Oil and Gas Corp. (OTCQB: TAMO) shows bullish trend as the stock made a sharp movement today. It opened the session at $0.20 and remained between $0.16 and $0.22 price range during the session. However, the stock closed 15 percent lower at $0.17. Tamm Oil and Gas’ first support level is at $0.16. Upon breaching this level, the stock may go down to $0.15. On the upside, its first resistance level is at $0.18.

Nestle (PINKSHEETS: NSRGY) opened at $65.52 and oscillated in the range of $65.15 and $65.63 in the current trading session. It closed at $65.34, down 0.29 percent from its previous close of $65.53. Nestle shows neutral trend and the stock’s first resistance level is at $65.54. Upon breaching this level, the stock may touch $66.21. On the downside, it may slip to $65.09.

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AMR Corporation (OTCQB: AAMRQ) stock closed its latest trading session at $0.7909, up 0.11 percent from its previous close of $0.79, with low volumes. Its latest trading volume has been recorded at 2.35 million shares, in contrast to the average daily trading volume of 3.313 million shares. The stock opened the session at $0.79 and touched its highest price point at $0.8079.

Lincoln National Corporation (NYSE: LNC) opened at $25.21 and oscillated in the range of $19.04 and $27.54 in the current trading session. It closed at $25.23, down 0.83 percent from its previous close of $25.44. Lincoln National Corporation shows bullish trend and the stock’s first resistance level is at $25.74. Upon breaching this level, the stock may touch $26.50.

Suntech Power Holdings Co., Ltd. (ADR) (NYSE: STP) 1.40 +0.07 (5.26%) . The $575 million convertible debt due in March next year is Suntech's biggest financial pressure. Apart from the $575 million debt due in March, the solar panel maker is burdened with a further 200 million yuan ($32 million) in overdue loans, and there will be another 1.4 billion yuan in debts needing paid within the next six months, according to 163.com.

AEterna Zentaris Inc. (USA) (NASDAQ: AEZS) 2.47 +0.30 (13.82%) The company announced that the FDA supports a phase 3 trial of its drug AEZS-108, a potential treatment for endometrial cancer. The U.S.-listed shares of Canadian drugmaker Aeterna Zentaris Inc surged after the company said it had reached an agreement with the U.S. Food and Drug Administration on a special protocol assessment by the FDA for a Phase 3 registration trial in endometrial cancer with AEZS-108 treatment.

Office Depot Inc (NYSE: ODP) 3.27 +0.06 (1.87%). Office Depot Inc. held on to its No. 1 ranking in the Keynote Mobile performance index for the week ending Dec. 23. Its site loaded successfully 100% of the time and in 3.31 seconds on average. The combination of the speedy homepage load time and the impressive 100% availability is what helped the retailer land the No. 1 ranking yet again this week, says Herman Ng, mobile performance evangelist at Keynote Systems Inc.

Thompson Creek Metals Company Inc (USA) (NYSE: TC) 4.22 +0.14 (3.43%) The company announced the closing of its previously announced offering of $350,000,000 aggregate principal amount of its 9.75% Senior Secured First Priority Notes due 2017 (Senior Secured Notes). The Senior Secured Notes offering closed on November 27, 2012. The Company intends to use the proceeds from the offering for general corporate purposes, including capital expenditures relating to the development of its Mt. Milligan copper-gold mine.

Facebook Inc (NASDAQ:FB) 25.91 -0.14 (-0.53%). Instagram users annoyed with new rules, carried out their threats to dump the popular photo-sharing app. The app acquired by Facebook Inc (NASDAQ:FB) earlier this year for $1 billion, has lost nearly a quarter of its daily active users owing to the debacle. The company changed its service terms last week to incorporate advertising. The new terms allowed the company to sell user photos for advertising and promotions “without any compensation to you.”

Here is what happens when your car gets repossessed. First, the lien holder sends out several warnings that the car will be repossessed if arrangements are not made for payment. If the car’s owner makes said arrangements, the repossession generally does not go forward. However, if the owner ignores the warnings, the financer contracts an automobile repossession agent to take the car back. If the repo agent does not have a key to the vehicle, he can put a boot on the car or tow it in order to retrieve it. After the truck or car has been taken, the repossession agent lets local authorities know that it has been repossessed so that if the owner reports it stolen, the police can say that it has not been. The vehicle is then taken to the lender’s office or that of the repo agent and all personal effects that belong to the owner are removed and kept in storage until he or she comes to get them. After that, the auto is sent to auction. If the car sells for less than what is owed on it, the owner is responsible to pay the difference.

Facebook Inc. (NASDAQ: FB), the social networking giant, is down sharply in mid-day trading today, extending its losses from the previous trading sessions. FB is currently trading 1.46% lower at $25.67 on volume of 28.84 million, which is well below the daily average volume of 73.88 million. FB has fallen more than 4% in the last three trading sessions.

Apple Inc. (NASDAQ: AAPL), the maker of iPhones and iPad, is marginally lower in mid-day trading today, tracking losses in the broad market. At last check, AAPL was trading 0.60% lower at $511.95 on volume of 5.04 million, which is nearly a quarter of the daily average volume of 21.86 million.

Schweitzer-Mauduit International Inc. (NYSE: SWM), a multinational diversified producer of specialty papers, is marginally lower in mid-day trading today. At last check, SWM was trading 0.03% lower at $38.97 on volume of 36,094, which is nearly a quarter of the daily average volume of 148,082.

Vical Incorporated (NASDAQ: VICL), a researcher and developer of biopharmaceutical-based products based on DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases, is down sharply in mid-day trading today, extending its losses from the previous trading sessions.

Canadian Solar Inc. (NASDAQ: CSIQ), a designer, developer and manufacturer of solar wafers, cells and solar module products that convert sunlight into electricity for a variety of uses, is up sharply in mid-day trading today. CSIQ is gaining momentum after the company announced the completion of purchase of two solar projects totaling 24 MW (DC) from SunEdison Power Canada Inc. The company also has the ability to complete a purchase of two more utility-scale solar power projects in Ontario, and an option to acquire a fifth solar project at a later date, subject to certain contractual conditions.

AEternaZentaris Inc. (NASDAQ: AEZS), a late-stage drug development company specializing in oncology and endocrine therapy, is soaring in mid-day trading today after the company announced that it has been granted a Special Protocol Assessment (SPA) by the U.S. FDA for Phase 3 registration trial in endometrial cancer with AEZS-108. Juergen Engel, Ph. D., President and CEO of AEZS, said that he is pleased with the agreement with the FDA which provides the company with a clearly defined development and regulatory pathway for AEZS-108 in endometrial cancer.

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Questcor Pharmaceuticals, Inc.(NASDAQ: QCOR) 27.78 -2.12 (-7.09%). Range 27.35 - 29.78. 52 week 17.25 - 58.91. Questcor Pharmaceuticals, Inc. (QCOR) plunged in trade amid reports that Blue Cross Blue Shield had denied coverage of its top-selling drug, Acthar.

Research In Motion Limited (USA) (NASDAQ: RIMM) 11.76 -0.06 (-0.55%) The company’s new BlackBerry 10 handsets will be unveiled at the end of January, so by the time spring arrives, retailers could be offering those handsets at a discount. Research In Motion Limited will experience lower profit margins next spring due to handset discounting.

Horizons BetPro S&P500 VIX Short Term (TSX: HVU) 6.90 +0.68 (10.93%). Range 6.69 - 7.75, 52 week 4.78 - 198.60, Vol / Avg. - 2.66M/1.39M. Mkt cap 19.89M.