Small Cap News Movers for 10/27/09

China Technology Development Group Corporation (NASDAQ: CTDC), a growing integrated clean energy group based in China that provides solar energy products and solutions, today announced that the Company has entered into a Stock Purchase Agreement (the "Stock Purchase Agreement") with China Technology Solar Power Holdings Limited ("CTSPHL Group") and its direct and indirect shareholders to acquire a 51% equity interest and become the major shareholder of CTSPHL Group. The stock closed at $4.78, up 30.60%, on 1,899,957 traded shares.

Hiland Partners, LP (NASDAQ: HLND) and Hiland Holdings GP, LP (NASDAQ: HPGP) announced today that each company will adjourn its special meeting of unitholders scheduled for this morning. The meetings are being adjourned to allow the boards of directors and conflicts committees additional time to consider the previously announced proposals made by Harold Hamm, on behalf of certain of his affiliates, to increase the merger consideration payable to each company's common unitholders. The stock closed at $9.81, up 25.77%, on 279,613 traded shares.

Insulet Corporation (NASDAQ: PODD) today announced financial results for the three and nine months ended September 30, 2009. Third quarter 2009 revenue increased 85% to $18.7 million, compared to $10.1 million in the third quarter of 2008. Operating loss for the third quarter of 2009 was $13.5 million, a 32% improvement compared to operating loss of $19.8 million in the third quarter of 2008. Gross profit for the third quarter of 2009 was $5.8 million, representing a 31% gross margin. The stock closed at $10.66, up 18.71%, on 1,689,390 traded shares.

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