10 Stocks Shining on News: Kandi, Frontline, Orchard Supply, L&L Energy, Rexahn , Staples, Vodafone, Yingli Green, Canadian Solar, Daqo New Energy

Kandi Technolgies Corp. (NASDAQ:KNDI) skyrocketed after unveiling plan to deploy 5000-10000 Pure EVs in Hangzhou for the initial launch of Public EV Sharing System.

Frontline Ltd. (NYSE:FRO) jumped more than 25% with no major news.

Orchard Supply Hardware Stores Corp (NASDAQ:OSH) rallied on news that Home-improvement retailer Lowe’s Cos. has decided to takeover Orchard Supply Hardware Stores Corp. in a deal valued at a $205 million, potentially throwing a lifeline to struggling Orchard while furthering its own expansion plans.

L&L Energy, Inc. (NASDAQ:LLEN) soared after declaring that its common stock has been added to the Russell Global and 3000® Stock Indexes according to a preliminary list of additions posted by Russell Investments on June 14, 2013.

Rexahn Pharmaceuticals, Inc. (NYSEMKT:RNN) was up 10% after disclosing that it has significantly expanded its intellectual property around a series of novel anti-tumor quinazoline compounds. In addition, the U.S. Patent and Trademark Office issued it patent No. 8,404,698 from, covering these novel quinazoline compounds, their pharmaceutical composition, and method for producing an anti-tumor effect.

Staples, Inc. (NASDAQ:SPLS), the stock that has been climbing for the past 2 months and has set second consecutive new high for the year, rallied today after the company along with Intuit announced a, three-month pilot scheme, that will see the office supplies firm become the exclusive UK retailer of Intuit’s new Intuit Pay payment solution.

Vodafone Group Plc (ADR) (NASDAQ:VOD) was climbing amid reports that it may raise bid for Kabel Deutschland.

Solar firms including Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), Canadian Solar Inc. (NASDAQ:CSIQ) and Daqo New Energy Corp (NYSE:DQ) after China said it will provide financing to its solar companies.

 

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