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LDK Solar Co., Ltd. (NYSE: LDK) shares closed up 7.28 percent on Monday with about 7.1 million shares traded. The stock traded in between 1.53 - 1.72 a share. Last Friday the company announced the appointment of Dr. Shi Chen to its board of directors. Dr. Chen will serve as a non-executive director. LDK Solar Co., Ltd. (LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products.
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The Alkaline Water Company Inc. (OTCBB: WTER) shares closed down 6.49 percent on Monday on about 1.5 million shares traded. The stock hit a new 52-week low of $0.35 during intra-day trading. The company announced yesterday that it is represented by leading independent grocery broker, Co-Sales Company, headquartered in Phoenix, AZ. The Co-Sales Company was founded in 1905, and for over 100 years has been providing excellence in sales, marketing, and merchandising as a leader in the development of the western regions grocery market.
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AMR Corporation (OTC: AAMRQ) shares saw a small bounce on Monday closing up nearly 4 percent from dropping a modest 1.51 percent last Friday. The stock traded about 17.2 million shares yesterday. The company announced last week that it will list its shares on Nasdaq under “AAL” after the merger with US Airways. American's parent, AMR Corp., had been listed on the New York Stock Exchange as "AMR" until the shares were removed shortly after the company filed for bankruptcy protection in November 2011.
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Eagle Bulk Shipping, Inc. (NASDAQ: EGLE) shares closed down 12.57 percent on Monday with a little over 2 million shares traded. The stock had one of the largest percentage drops on the NASDAQ yesterday and traded in between 2.86 - 3.34 a share. Last week the company announced its results for the third quarter ended September 30, 2013. Net reported loss of $37.6 million or $2.22 per share (based on a weighted average of 16,986,395 diluted shares outstanding for the quarter), compared with net loss of $29.8 million, or $1.77 per share, for the comparable quarter of 2012.
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