Notable News: STP, BGCP, DEJ, BKS, PPHM

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Suntech Power Holdings Co., Ltd. (ADR)(NYSE:STP) shares increased 5.26% to $1.40. The company, on Dec. 18, announced that its solar modules have passed the Blowing Sand Test based on DIN EN 60068-2-68 LC2 by SGS, the world’s leading inspection, verification, testing and certification company. The SGS test result confirms that Suntech’s solar modules are suitable for solar installations in desert regions.

How Should Investors Trade STP After The Recent Volatile Moves? Find Out Here

BGC Partners, Inc. (NASDAQ:BGCP) shares jumped 5.11% to $3.37. The 52 week trading range for the company is $3.11 – $8.03. The company is a global brokerage company primarily servicing the wholesale financial markets, specializing in the brokering of a range of products, including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, property derivatives, commodities, futures and structured products.

Is BGCP Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here

Dejour Energy Inc (USA) (NYSEAMEX EJ) shares jumped 7.20% and closed at $0.220 in the last trading session. The company announced that it has commenced production at the Company’s South Rangely leasehold from its successful discovery well drilled in Q4 2011. On initial test the well flowed rich gas at rates in excess of 400 MCFD.

Dejour maintains a 30% WI in the discovery, but holds a 77% WI in the balance of the unitized 6300 acre leasehold. Dejour and its partner will now focus on the Hz production potential for oil that has been encountered in a down dip extension of the same Niobrara formation south of this leasehold.

Can DEJ Rebound After The Recent Slump and Investors Can Make Money? Find Out Here

Barnes & Noble, Inc. (NYSE:BKS) stock increased 4.32% to $14.97. The company said that Penguin publishing house’s parent, Pearson has agreed to make a strategic investment of $89.5 million in exchange for a 5% equity stake in its Nook Media unit.

After the transaction, Barnes & Noble will own about 78.2% of Nook Media while Microsoft Corp. MSFT -0.67% owns another 16.8%. The investment values Nook Media, which includes the Nook e-readers and digital book franchise, at $1.79 billion.

Is BKS Ready To Move Back To New Highs This Year? Find Out Here

Peregrine Pharmaceuticals(NASDAQ PHM) shares gained 4.24% and closed at $1.23. The company, prior last week, announced financial results for the second quarter ended October 31, 2012 of fiscal year (FY) 2013 and provided an update on its advancing clinical pipeline and other corporate developments. The company announced that it has reached agreement with the U.S. Food and Drug Administration (FDA) on the design of a single registration trial for Cotara in patients with recurrent glioblastoma multiforme (GBM) following an end-of-Phase II meeting. The FDA has agreed with the company’s proposed randomized trial design evaluating two dose levels of Cotara in up to 300 patients.

Is PPHM Ready To Move Back To New Highs This Year? Find Out Here

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