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New York, NY -- (SBWIRE) -- 10/19/2012 -- American Apparel (NYSEAMEX:APP), the vertically integrated clothing manufacturer based in downtown Los Angeles, has announced the opening of a new store Beijing. Located in the new Parkview Green mall, the store will mark the company's second location in Beijing and its fourth in China. At almost 7500 square feet, it will be the biggest international location operated by American Apparel to date.American Apparel (AMEX:APP) is very active today and traded between $1.07 - 1.2724 with total traded volume of 1392226 shares. At a current price of 1.105, APP is -0.155 - -12.30% from the previous close of $1.26. Moreover, At Current Market Price, APP is in distance of -17.76% from its 50-day Moving Average price of $1.3437 and +8.61% from its 200-day Moving Average price of $1.0174.
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Savient Pharmaceuticals Inc (NASDAQ:SVNT) shares lost 6.12 percent in after-hours trading to reach $10.00. The company shares had gained over 4 percent in Tuesday regular trading after it reported that the Paragon Report will Provide Stock Research on Savient Pharmaceuticals.SVNT confirmed that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has completed its scientific assessment and has issued a positive opinion recommending approval of a marketing authorization in the European Union for KRYSTEXXA (pegloticase) for the treatment of severe debilitating chronic tophaceous gout in adult patients who may also have erosive joint involvement and who have failed to normalize serum uric acid with xanthine oxidase inhibitors at the maximum medically appropriate dose or for whom these medicines are contraindicated. This opinion will be transmitted to the European Commission, which has the authority for granting marketing authorisations in the EU. If such marketing authorization is granted, KRYSTEXXA will address a significant unmet medical need for certain patients with refractory chronic gout (RCG) in the European Union.
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MGIC Investment Corp. (NYSE: MTG) announced today the availability of mortgage insurance through Ellie Mae's Encompass360 mortgage management software.Through the integration, Encompass360 users can order MGIC rate quotes and mortgage insurance without leaving the platform. The MISMO-based integration automatically returns PDFs for rate quotes and commitments and populates the appropriate mortgage insurance premium fields in Encompass360. This automation of data exchange – unique to MGIC – saves MGIC customers data entry time and increases accuracy.It is -0.18 - -8.91% from the previous close of $2.02. It traded between $1.81 - 2.03 with total traded volume of 2494255 shares. At Current Market Price,MTG is in the distance of +13.94% from its 50-day Moving Average price of $1.6149 and -22.10% from its 200-day Moving Average price of $2.3621.
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McMoRan (NYSE:MMR) said third-quarter production fell by 28 percent to 134 million cubic feet natural gas equivalent (MMcfe) per day due to shutdowns caused by Hurricane Isaac. It had forecast average production of 135 MMcfe per day for the quarter.Mcmoran Exploration Co(NYSE:MMR)soared 2.19% to $13.04 after the Company reported third quarter results. The net loss was $64.0 million or $0.40 per share compared to net loss of $9.4 million $0.06 per share in the third quarter of 2011. The production averaged 134 MMcfe/d compared to 187 MMcfe/d in the third quarter of 2011.Production from the Flatrock field averaged a gross rate of approximately 112 MMcfe/d in the third quarter of 2012.
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