Alpha Natural Resources, Inc.(NYSE:ANR) shares climbed 13.03% to $6.68. Yesterday, the stock was up 6% as China's plans to spend roughly $156 billion, by Dahlman Rose's calculation, on subways, roads and other infrastructure sent US steel and mining stocks surging. The sector was steamrolled this summer, as slowing growth in China and Beijing's apparent reluctance to open up the stimulus floodgates the same way it did during the 2008 crisis raised concerns the world could soon face a worsening glut of steel, coal and iron ore.
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Pacific Ethanol Inc(NASDAQ:PEIX) shares jumped 13.54% to $0.397. The company is scheduled to present at the Wedbush Securities 2012 Clean Technology & Industrial Growth Conference in San Francisco on Wednesday, September 12, 2012 at 2:35 p.m. Pacific Time. Neil Koehler, president and chief executive officer, and Bryon McGregor, chief financial officer, will present Pacific Ethanol's business strategy.
Hemispherx BioPharma, Inc (NYSEAMEX:HEB) stock increased 14.30% to $0.879. The company announced that the Company will participate in the Rodman & Renshaw 14th Annual Healthcare Conference, to be held on September 9 - 11, 2012 at the Waldorf Astoria, New York, NY. The 52 week trading range for the company is $0.17 - $0.95. The shares of the company soared 190% in the last one year.
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Lululemon Athletica inc.(NASDAQ:LULU) stock climbed 10.09% to $75.54 after the company posted second quarter net income of $57.22 million or $0.39 per share from prior-year's $38.38 million or $0.26 per share. Quarterly earnings per share, normalized for the tax adjustment, were $0.34. Net revenue jumped 33% to $282.63 million from $212.32 million in the same quarter last year. Analysts expected earnings of $0.31 per share on revenues of $282.34 million.
Peabody Energy Corporation (NYSE:BTU) stock increased 9.63% to $23.46. The company said that it has deferred the $500 million sale of an Australian mine after a near year-long process, joining deals worth almost $15 billion that have been pulled or delayed as weaker Chinese demand drives prices lower.