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Los Angelas, CA -- (SBWIRE) -- 09/25/2012 -- Cogo Group, Inc. (NasdaqNM:COGO) is +0.26 - +13.68% from the previous close of $1.90. It traded between $2.00 - 2.39 with total traded volume of 433065 shares. Keep a close eye on COGO, as the stock has been showing unusual moves over the past weeks. At Current market price, COGO has recovered +34.16% from its 52-week Low of 1.61 and has Pulled back -41.14% from its 52-week high of 3.67. Cogo Group, Inc. announced today the appointment of Andy Liu as Chief Financial Officer and director of the board, effective September 23, 2012.Mr. Liu replaces Frank Zheng, who resigned from his position as Chief Financial Officer and a director of the Company. Mr. Zheng will continue with the Company as an advisor. Cogo's CEO and Chairman, Jeffrey Kang, said, "On behalf of the Board of Directors, we are pleased to have Andy join our management team. We appreciate Frank's great contribution to the Company as CFO since 2008 and as a board member since January 2005."
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Shares of Clean Diesel Tech (NCM:CDTI) are trading at $3.16 and is +30.62% from its 50-day Moving Average price of $2.4191 and +15.52% from its 200-day Moving Average price of $2.7355. The average trading volume is 142942 shares and its market capitalization is $22.8M. Clean Diesel Technologies, Inc. shares have finally made it above the 200-day moving average line. Given how CDTI also gradually ramped up its higher lows before making the leap, this turnaround should have real legs that prior attempts didn't.CDTI manufactures low-emission diesel engines and related equipment. 2011 was a breakout year for its technology, but revenue waved in the prior couple of quarters. A recent supply deal with Honda, however, seems to have breathed new life into Clean Diesel Technologies.
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Martha Stewart Li (NYSE:MSO) is +0.34 - +11.76% from the previous close of $2.89. It traded between $2.89 - 3.23 with total traded volume of 380657 shares. Keep a close eye on MSO, as the stock has been showing unusual moves over the past weeks. At Current market price, MSO has recovered +16.61% from its 52-week Low of 2.77 and has Pulled back -37.76% from its 52-week high of 5.19. Martha Stewart Living Omnimedia, Inc.(NYSE:MSO) stock gained 11.76% to $3.23. The company announced several new relationships that will put its content in easier reach of consumers as part of its strategy to expand its content business to better produce and offer its valuable how-to information across a variety of platforms.
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Body Central Corp (NasdaqNM:BODY) is +0.79 - +7.71% from the previous close of $10.25. It traded between $10.795 - 11.68 with total traded volume of 1033854 shares. Keep a close eye on BODY, as the stock has been showing unusual moves over the past weeks. At Current market price, BODY has recovered +43.19% from its 52-week Low of 7.71 and has Pulled back -64.31% from its 52-week high of 30.93. Body Central operates as a specialty retailer of young women’s apparel and accessories in the south, mid-Atlantic and Midwest United States, with specialty apparel stores under the Body Central and Body Shop banners. On June 18, 2012 the Company announced “revised sales and earnings guidance for its second quarter and full year 2012.” According to the Company, the revision was a result of “recent sales trends,” which the Company expects “will continue into the third quarter with some impact to gross margin.”The Complaint alleges that the Company and certain of its executive officers misrepresented and/or failed to disclose material adverse facts concerning Body Central’s financial performance and prospects, including that: (1) the Company's “merchandise miss” was not an isolated event, it would take at least several quarters to remedy and would have a material negative impact on the Company's financial results; (2) the Company's stores were experiencing increasingly poor performance and financial results; (3) defendants issued materially false and misleading statements regarding the Company's operations and its business and financial results and outlook; and (4) based on the foregoing, defendants lacked a reasonable basis for their positive statements about the Company or its revenue outlook.
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