Ctrip.com International, Ltd. (ADR)(NASDAQ: CTRP) shares jumped 5.80% to $23.37. The 52 week trading range for the company is $12.36 - $28.12. The shares of the company increased 16% in the last one month. CTRP is a travel service provider for hotel accommodations, airline tickets and packaged tours in China. Ctrip aggregates information on hotels and flights and enables its customers to make hotel and flight bookings.
POW! ENTERTAINMENT INC(PINKSHEETS: POWN) shares declined 33.63% to $0.0750 in the morning hour. The 52 week trading range for the company is $0.03 - $0.15. The shares of the company fell 24% in the last one year.
AuRico Gold Inc (USA)(NYSE: AUQ) stock fell 2.02% to $8.23. The company announced that following its receipt of gross proceeds of $750 million relating to the recent sale of the Ocampo mine, the Board of Directors has authorized the making of a substantial issuer bid, pursuant to which the Company will offer to purchase for cancellation up to 36,144,578 of its outstanding common shares for an aggregate purchase price not exceeding $300 million. AuRico anticipates that the Offer will commence on or about December 18, 2012 and be completed in late January 2013, unless extended or withdrawn.
Spreadtrum Communications, Inc (ADR)(NASDAQ: SPRD) stock increased 5.75% to $17.65. The company announced that during the fourth quarter, Spreadtrum's smartphone chipset, the SC8810, started shipping in a low-cost TD-SCDMA smartphone from the world's largest smartphone vendor. With this design win, Spreadtrum is now providing the world's top handset maker with TD-SCDMA smartphone chipsets for low-cost smartphones (SC8810), TD-SCDMA modems for flagship smartphones (SC8803), and GPRS/GSM baseband chipsets for feature phones (SC6820) sold to consumers around the world.
Halcon Resources Corp(NYSE: HK) stock increased 2.34% to $7.42. The company announced that it has set a record date and a meeting date for the special meeting of stockholders to consider and act upon the the issuance of approximately 108.8 million shares of Halcón common stock upon the conversion of the convertible preferred stock issued to Petro-Hunt Holdings, LLC and an affiliated entity in connection with Halcón's previously announced acquisition of two entities owning producing and undeveloped oil and gas assets in the Williston Basin.
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