Lannett Company, Inc. (NYSE AMEX: LCI) today announced that its Board of Directors has approved a reauthorization of the stock repurchase program. Under the program, the company is authorized to repurchase up to $5 million of Lannett’s outstanding common stock from time to time in open market and privately negotiated transactions. “The repurchase program reflects the board’s optimism and confidence in the future of our company…,” said Arthur Bedrosian, president and chief executive officer. The stock closed at $6.40, up 29.29%, on 208,999 traded shares.

Inovio Biomedical Corp. (NYSE AMEX: INO) announced today that a combination of its synthetic consensus H1N1, H2N2, H3N2, and H5N1 influenza vaccine candidates achieved protective antibody responses against several different influenza sub-types and strains in ferrets. In addition, ferrets immunized with Inovio’s SynConTM universal flu vaccine combinations were 100% protected against death and sickness in a challenge with the A/H1N1 (2009) swine-origin influenza. The stock closed at $1.53, up 27.51%, on 10,288,133 traded shares.

Advance Nanotech, Inc. (OTCBB: AVNA) reported its financial results for the three months ended September 30, 2009. The Company reported net income of $2,417,351, or $0.04 per share, compared to a loss of $382,555, or $0.01 per share, for the three months ended September 30, 2008, an increase of approximately $2,800,000. Although revenue decreased by 30 percent for the three months ended September 30, 2009, cost of sales decreased by over 67 percent during the same period. The stock closed at $0.081, up 55.77%, on 2,254,599 traded shares.

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Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for its third quarter and first nine months ended October 31, 2009. For the third quarter of 2009, the Company’s net earnings were $3.2 million or $0.07 per diluted share as compared to a net loss of $(14.1) million or $(0.34) per diluted share in 2008. Net sales decreased 9.6 percent to $270.2 million for the third quarter of 2009 from $298.8 million for the third quarter of 2008. Comparable store sales for the third quarter of 2009 decreased 6.2 percent from the same period a year ago. The stock closed at $11.26, up 10.18%, on 604,287 traded shares.

American Lorain Corporation (NYSE AMEX: ALN), today announced that company management reaffirms guidance for the current fiscal year ending December 31, 2009, and issues new guidance for the next fiscal year ending December 31, 2010. Mr. Si Chen, Chairman and Chief Executive Officer of American Lorain Corporation, stated: “We reaffirm guidance previously provided in our November 13, 2009, third-quarter earnings conference call and expect total sales revenue between $146 million and $148 million for the fiscal year ending December 31, 2009. The stock closed at $2.98, up 17.33%, on 255,548 traded shares.

Digital Power Corporation (NYSE AMEX: DPW) announced that its wholly-owned Salisbury, UK subsidiary, Digital Power Limited (DPL), has been awarded a major contract for the Australian Navy. DPL operates under the name Gresham Power Electronics (Gresham). Gresham has been selected to supply helicopter starting rectifiers and DC power distribution systems for the new Air Warfare Destroyer (AWD), which will be built by Australia’s largest specialized defense shipbuilding organization. The stock closed at $1.45, up 15.08%, on 44,898 traded shares.

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Fortinet® (NASDAQ: FTNT) today announced its initial public offering of 12,500,000 shares of its common stock at a price to the public of $12.50 per share. Of the shares in the offering, 5,781,683 shares are being offered by the company and 6,718,317 shares are being offering by selling stockholders. In addition, Fortinet has granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock to cover over-allotments, if any. The stock closed at $16.62, up 32.96%, on 13,609,854 traded shares.

Chromcraft Revington, Inc. (NYSE AMEX: CRC) yesterday reported improved third quarter 2009 operating results. The net loss for the current quarter was reduced by over 90% from the same period in 2008 and over 60% as compared to the second quarter of 2009. The Company’s third quarter sales were $16.0 million, which were up 10% from the second quarter of 2009, but down 31% from the third quarter of 2008. The stock closed at $2.00, up 43.88%, on 174,041 traded shares.

China Green Agriculture, Inc. (NYSE AMEX: CGA) announced that the National Taxation Bureau of Yangling Hi-tech Development Zone has recently approved a value-added tax ("VAT") exemption for Shaanxi Techteam Jinong Humic Acid Product Co., Ltd. Jinong previously was paying a VAT rate of 13% for producing and distributing humic acid-based compound fertilizer products. The application was submitted to the local Taxation Bureau in May 2009. The stock closed at $16.57, up 26.30%, on 3,859,275 traded shares.

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Spherix Incorporated (NASDAQ: SPEX) today announced that it has received commitments from investors to purchase $6.3 million of securities in a registered direct offering. Spherix expects to receive net proceeds of approximately $6 million after deducting placement agent fees and other offering expenses. The proceeds from this offering will provide critical support for the Company’s on-going development of D-tagatose as a treatment for Type 2 diabetes. The stock closed at $2.03, up 1.50%, on 5,811,459. Earlier in the day, the stock hit a high of $4.15.

Netlist, Inc. (NASDAQ: NLST) announced it is demonstrating the world’s first 16GB 2 virtual rank (vRank) double-data-rate three, registered dual in-line memory module (DDR3 RDIMM), HyperCloud(TM). The company will also showcase the interoperability of HyperCloud memory with standard JEDEC server memory solutions on popular enterprise servers. This demonstration reinforces HyperCloud’s ability to function as a standard RDIMM while increasing memory bandwidth and capacity for datacenter servers. The stock closed at $6.24, up 39.60%, on 25,656,774 traded shares.

GlaxoSmithKline Biologicals SA (GSK) and Nabi Biopharmaceuticals (NASDAQ: NABI) today announced an exclusive worldwide option and licensing agreement for a nicotine conjugate candidate vaccine (NicVAX(R)), an investigational vaccine for the treatment of nicotine addiction and the prevention of smoking relapse, as well as for the development of a second generation nicotine vaccine. The President and Chief Executive Officer of Nabi Biopharmaceuticals stated he is very pleased with the agreement. The stock closed at $4.50, up 26.40%, on 3,552,331 traded shares.

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RINO International Corp. (OTCBB: RINO) today announced its financial results for the third quarter of 2009. Net revenues for the third quarter ended September 30, 2009 increased 41.0% to $63.3 million as compared to $44.9 million for the third quarter in 2008. Revenue growth was driven by demand across its product lines, including a significant increase in both wastewater treatment and anti-oxidation systems and coatings sales. The stock closed at $26.66, up 13.64%, on 4,556,186 traded shares.

Maxygen, Inc. (NASDAQ: MAXY) today announced that it is commencing a modified “Dutch Auction” tender offer to repurchase 6,557,377 shares of its common stock, representing approximately 17% of Maxygen’s outstanding shares. The closing price of Maxygen’s common stock on the Nasdaq Global Market on November 12, 2009 was $5.03. Maxygen stated it intends to finance the repurchases from cash on hand. The stock closed at $5.76, up 14.51%, on 696,051 traded shares.

ECO2 Plastics, Inc. (OTCBB: EOPI) announced that its waterless cleaning process was recognized by Popular Science magazine as one of the Top 100 innovations of the year, winning the coveted "Best of What's New" award in the Green Tech category. "We are honored to be recognized by Popular Science Magazine as a company that is making revolutionary strides in the improvement of plastic recycling technology," said Rod Rougelot, CEO of ECO2 Plastics. The stock closed at $0.0076, up 375%, on 108,584,870 traded shares.

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Kandi Technologies, Corp. (NASDAQ: KNDI) announced today that pursuant to the previously announced letter of intent it signed in July with China Post in Jinhua City, it has completed the sale of 30 modified, electric COCO hardtops to the Postal Service there. These are the Company’s first sales of its all-electric COCO super mini car in China. The Company said the COCOs sold to Jinhua City China Post were modified to meet the particular needs and specifications of the Postal Service. The stock closed at $4.14, up 22.49%, on 952,222 traded shares.

Cyanotech Corporation (NASDAQ: CYAN) today announced financial results for the second quarter and first six months of fiscal 2010, ended September 30, 2009. Revenues for the second quarter of fiscal 2010 increased 20% to $3,925,000, compared to revenues of $3,274,000 for the second quarter of fiscal 2009. Net income increased 267% to $599,000, or $0.11 per diluted share, compared to $163,000, or $0.03 per diluted share for the second quarter of fiscal 2009. The stock closed at $2.74, up 20.18%, on 56,586 traded shares.

Hong Kong Highpower Technology, Inc. (NYSE AMEX: HPJ) today announced financial results for the third quarter ended September 30, 2009. Net sales for the third quarter ended September 30, 2009 increased 2.8% to $21.1 million, compared to $20.5 million for the third quarter ended September 30, 2008. Net income for the third quarter of 2009 was $2.4 million, or $0.18 per diluted share, versus third quarter 2008 net income of $289,400, or $0.02 per diluted share. The stock closed at $4.38, up 36.45%, on 2,280,266 traded shares.

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Emerson Radio Corp. (NYSE AMEX: MSN) today reported financial results for its second quarter and six months ended September 30, 2009. While net revenues for the second quarter of fiscal 2010 decreased $1.7 million, or 3.3%, to $51.8 million, net revenues for the fiscal year 2010 to date were $107.4 million, an increase of $10.0 million, or 10.3%. The increase in net revenues for year to date fiscal 2010 was due to higher sales in the home appliances category. The stock closed at $1.96, up 37.07%, on 482,799 traded shares.

China Housing & Land Development, Inc., (NASDAQ: CHLN) today announced its unaudited financial results for the third quarter ended September 30, 2009. Total revenues increased 215% to $23.8 million compared to $7.5 million in the third quarter of 2008, and increased 5.3% sequentially from $22.6 million in the second quarter of 2009. Net income also increased dramatically, rising from $1.4 million in the third quarter of 2008 to $12.7 million, a 779% increase. The stock closed at $4.73, up 25.80%, on 6,261,111 traded shares.

Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (NASDAQ: SYPR), announced today that it has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract from the United States Department of Defense (DoD) for its RASKL® (KIK-30) electronic key fill device. This contract is in support of the DoD’s modernization effort to replace the aging KYK-13 key fill device. The product was designed and will be produced at the Sypris Electronics facility located in Tampa, Florida. The stock closed at $3.28, up 20.59%, on 399,894 traded shares.

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eOn Communications Corp. (NASDAQ: EONC) today reported fourth quarter and fiscal year ended July 31, 2009 results. Fourth quarter revenue increased 217% to $5,089,000 from $1,604,000 in the fourth quarter of last year and increased 106% compared to revenues of $2,465,000 in the third quarter of this year. Net income for the quarter was $111,000 or $0.04 per common share compared to a net loss of $338,000 or $0.12 per common share in the quarter ended July 31, 2008. The stock closed at $2.90, up 75.45%, on 2,646,570 traded shares.

CEL-SCI Corporation (NYSE AMEX: CVM) announced today that Dr. Kenneth S. Rosenthal, Professor of Immunology and Microbiology of Northeastern Ohio Universities College of Medicine and Pharmacy, reported on work conducted in collaboration with scientists at the Cleveland Clinic and CEL-SCI on CEL-SCI’s LEAPS vaccine technology. The data was presented at the 7th GTCbio Vaccine: “All Things Considered” Conference in Crystal City, Virginia. The stock closed at $1.41, up 15.57%, on 16,524,703 traded shares.

Ruby Creek Resources, Inc. (OTCBB: RBYC) announced today that it has signed a Joint Venture Agreement with Douglas Lake Minerals Inc. for the right to acquire and develop a portion of Douglas Lake's Mkuvia Gold Project. Douglas Lake has spent more than $2,100,000 in the past 16 months in exploration, developing an understanding of the mineralization on a portion of the property, focusing on a relatively small area for mechanized production (about 10 sq km). The stock closed at $0.13, up 116.67%, on 297,800 traded shares.

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Ocean Power Technologies, a subsidiary of Ocean Power Technologies, Inc. (NASDAQ: OPTT) announced that, in partnership with Leighton Contractors Pty Ltd (“Leighton”), it has received a A$66.46 million grant from the Federal Government of Australia to build a 19 MW wave power project off the coast of Victoria, Australia. The award is one of four renewable energy projects approved by the Federal Government after considering over 30 applications, and is the sole wave energy venture. The stock closed at $8.23, up 25.27%, on 2,668,426 traded shares.

ExlService Holdings, Inc. (NASDAQ: EXLS) today announced its financial results for the quarter ended September 30, 2009. Revenues for the quarter ended September 30, 2009 were $48.2 million
compared to $46.6 million for the quarter ended September 30, 2008. Diluted earnings per share to common stockholders for the quarter ended September 30, 2009 were $0.14 compared to $0.01 for the quarter ended September 30, 2008. The stock closed at $16.92, up 22.08%, on 232,738 traded shares.

CEL-SCI Corporation (NYSE AMEX: CVM) announced that an Institutional Review Board of The Johns Hopkins University School of Medicine (Johns Hopkins) has given clearance for the Company's first clinical study to proceed. As a result, Johns Hopkins will host the study, which will be led by Principal Investigator Jonathan M. Zenilman, MD, Professor of Medicine, Johns Hopkins School of Medicine and Chief of Infectious Diseases Division, Johns Hopkins Bayview Medical Center. The stock closed at $1.22, up 19.48%, on 15,699,961 traded shares.

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DG FastChannel®, Inc. (NASDAQ: DGIT) announced today that it has executed a media services agreement with Google. DG FastChannel will provide media ingestion, quality control and production services to enhance Google’s TV Advertising Platform. “DG FastChannel's services will help advertisers continue to get great value from Google TV Ads,” said Keval Desai, Product management Director of Google TV Ads. The stock closed at $25.42, up 19.12%, on 1,751,914 traded shares.

Royale Energy, Inc. (NASDAQ:ROYL) released the test results of the Goddard 7-1. On Oct 15 the company announced a new field discovery near its successful Lonestar field. This week’s completion activities resulted in a stabilized flow rate of 2,450 MCF per day on a restricted choke. Based on these results the well is capable of significantly higher producing rates, and the company expects to begin production at an initial rate of 2,500 MCF per day. The stock closed at $2.63, up 11.91%, on 1,719,522 traded shares.

Continucare Corporation (NYSE AMEX: CNU) today reported financial results for its first quarter of fiscal 2010. Revenue for the quarter totaled $76.0 million, a 17% increase compared to $65.1 million for the same period last year. Net income increased to $5.3 million, or $0.09 per diluted share, as compared to $2.5 million, or $0.04 per diluted share, for the same period last year. Continucare’s cash and cash equivalents increased to $22.8 million at September 30, 2009. The stock closed at $3.05, up 15.97%, on 467,262 traded shares.

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