Los Angeles, CA, January 23, 2013 -- Generex Biotechnology Corporation (OTC: GNBT) decreased 1.39% to $0.0355 on a traded volume of 6.23 million shares. The Company has been advised by its Indian licensee, Shreya Life Sciences Pvt. Ltd that they have submitted a dossier of the results of the recently completed Phase III trial of Generex Oral-lyn to the Indian government seeking approval for marketing and commercial distribution. Generex is engaged in the research, development, and commercialization of drug delivery systems and technologies
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NuPathe Inc (NASDAQ: PATH) jumped up 9.27% to $3.93 on a traded volume of 2.50 million shares. WBB Securities increased the rating on from buy rating to strong-buy rating in a report released. The firm currently has a $7.00 target price on the stock. NuPathe Inc is a specialty pharmaceutical company focused on the development and commercialization of therapeutics for diseases of the central nervous system, including neurological and psychiatric disorders.
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MGIC Investment Corp (NYSE: MTG) is up 8.70% to $3.25 on a traded volume of 6.42 million shares. So far this year, the stock is up over 24%. The 52-week range for the stock is $0.66 and $5.15.
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LDK Solar Co Ltd (ADR) (NYSE: LDK) increased 4.06% to $2.05 on a traded volume of 2.31 million shares. The company has agreed to sell a roughly 12% stake to Fulai Investments Ltd for $31.1 million as the company seeks to boost its capital. The deal is expected to close before Feb. 28 and gives Fulai the right to designate two nonexecutive directors to the LDK board upon closing. The Company is a vertically integrated manufacturer of Photovoltaic products. The Company’s products include Polysilicon, Solar Wafers, Solar Cells, Solar Modules and Solar Farm Projects.
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Ascent Solar Technologies Inc (NASDAQ: ASTI) moved up 4.54% to $0.742 on a traded volume of 814k shares. The company announced the retail debut of the Company's EnerPlex solar assisted battery case for the Samsung Galaxy S III, now available for sale at www.goenerplex.com.
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