Gilat Satellite Networks Ltd.(NASDAQ:GILT) stock jumped 10.75% to $3.71. The company announced that it has received an order from one of Europe's satellite broadband ISPs in support of SES Broadband Services' (SBBS) Ka-band consumer service rollout. The initial order includes the delivery of several thousand self-install customer premise equipment (CPE) Kits.
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General Steel Holdings, Inc.(NYSE:GSI) stock surged 31.07% to $1.33 on no official news. The company, on August 30, said it has completed its restatement of 2009, 2010 and the first quarter of 2011, and also said the accounting changes had no material impact on its reported revenue or cash balances. The company The company is one of dozens of Chinese firms that have come under U.S. regulatory scrutiny for accounting, disclosure or trading problems.
Perion Network Ltd(NASDAQ:PERI) shares climbed 3.82% to $6.80 in the early hour. The company announced increased guidance for the full-year 2012 based on continued improvements in the Company's operations. The management currently expects revenues of approximately $55 million, up from previous guidance of $50 to $52 million. Net Income is expected to be approximately $9 million, or $0.90 per share on a non-GAAP basis, an increase compared to previous guidance of $7.5 to $8.5 million.
AEterna Zentaris Inc. (USA)(NASDAQ:AEZS) shares climbed 10.14% to $0.584 in the morning hour. The company announced that its President and CEO, Juergen Engel, PhD, will be presenting a corporate overview at the Rodman & Renshaw 14th Annual Global Investment Conference on Tuesday, September 11, 2012, at 1:35 pm (Eastern), in the Starlight North Room of The Waldorf=Astoria Hotel in New York.
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PositiveID Corporation(OTC:PSID) stock fell 2.08% to $0.0235 in the morning hour. The 52 week trading range for the company is $0.01 - $0.30. The shares of the company plunged 88% in the last one year. The company is engaged in developing, marketing and selling radio frequency identification (RFID), systems used for the identification of people in the healthcare market.