Monday, July 18, 2011

NASDAQ Morning Top Percentage Gainers July 18th: HEV, JVA, SCEI, PPDI

POINT ROBERTS, July 18, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ in morning trading for July 18, 2011.Ener1, Inc., Inc topped the gainer list, rising about 20.34% at the time of this report.
Ener1, Inc. (NASDAQ:HEV) soared 0.160 (20.34%) to $0.949 following news Ener1, Inc. and Wanxiang Electric Vehicle Co., Ltd., a division of the Chinese conglomerate Wanxiang Group Corporation have received approval from the Chinese government for their joint venture to co-manufacture lithium-ion energy storage systems for the China market.
Coffee Holding Co., Inc. (NASDAQ:JVA) also rose 1.43 (7.23%) to $21.22 after slumping 28% last week. The stock has jumped 472% so far this year. It has a 52-week range of $3.67-$30.98. The company has a market capitalization of $116.68 million.
Sino Clean Energy Inc. (NASDAQ:SCEI) climbed 0.42 (20.69%) to $2.43 after it has entered into a non-binding, preliminary agreement to acquire 100% stake in Crown Energy Limited, an investment company registered in Hong Kong, which as its sole business holds a 60% stake in Foshan Nan Hai CWSF Co., Ltd. ("Foshan Nan Hai"). If after due diligence the Company decides to complete the acquisition, Sino Clean Energy will control a 60% stake in Foshan Nan Hai, a producer and distributor of CWSF in China.
Pharmaceutical Product Development, Inc. (NASDAQ:PPDI) surged 3.41 (12.24%) to $31.25 after the Wall Street Journal reported, that the company is considering selling itself and added the company could receive bids from private equity and larger clinical-research providers, although PPD could still alter its plans.
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