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New York, NY -- (SBWIRE) -- 12/31/2012 -- LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares increased 1.67% to $1.22 after the company announced that the China International Economic and Trade Arbitration Commission (CIETAC) stated that the wafer equipment supply contract entered into in July 2008 between LDK Solar and JYT Corporation of Beijing (JYT) is valid and effective through the duration and at terms and conditions related to quantities and prices set forth therein.
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magicJack VocalTec, Ltd. (NASDAQ:CALL) 9% HIGHER; announces higher estimates for Q4 and full year 2012. For Q4, the Company expects to have over $0.70 per share of operating income. The company also appointed Gerald T. Vento as President and Chief Executive Officer effective January 1, 2013.
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North American Palladium Ltd (USA) (NYSE:PAL) shares climbed 4.24% and closed at $1.23. The company, on Dec. 13, announced that Mr. Jeffrey Swinoga has resigned as Vice President Finance and Chief Financial Officer, effective January 4, 2013, to pursue a Chief Financial Officer position at another public company. The Company”s finance team has excellent depth and experience to oversee the financial management until a new chief financial officer is named.
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Magnum Hunter Resources Corp (NYSE:MHR) declined 2.83% and closed at $3.78 on a traded volume of 3.22 million shares. The wholly-owned subsidiary of Magnum Hunter Resources Corp, Bakken Hunter LLC, announced the closure on its agreement previously announced by the Company on November 26, 2012 to acquire certain existing wells and approximately 20,000 net Williston Basin lease acres located in Divide County, North Dakota from Samson Resources Company.
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