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J. C. Penney Company, Inc. (NYSE: JCP) shares closed up 4.01 percent on Monday and traded in between 8.29 and 8.73 a share. Volume traded was nearly 27 million shares yesterday. Recently CEO Myron Ullman announced upbeat comparable-store sales results for the month of October. J. C. Penney also unveiled 30 Sephora stores in October, bringing the count to 446.
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The Alkaline Water Company Inc. (OTCBB: WTER) shares closed down 10.18 percent on roughly 1.4 million shares traded on Monday. The stock traded in between 0.45 - 0.5090 a share, with $0.45 becoming a new 52-week low for the stock. The developers of an innovative state of the art proprietary electrolysis beverage process packaged and sold in 3 liter and 1 gallon sizes under the trade name Alkaline88, announced last week that veteran beverage sales representatives Steve Coats and Jeff Dole were added to its growing team.
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Globalstar Inc. (OTC: GSAT) shares closed down a modest 2.53 percent on Monday on about 6.5 million shares traded. The stock traded in between $1.40 and $1.60 yesterday. The Company announced on Friday that it has exercised the automatic conversion right contained in the terms of its 5.0% Convertible Senior Unsecured Notes, CUSIP number 378973 AC5, which have an aggregate principal amount outstanding of $25,204,249.17.
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VisionChina Media Inc. (NASDAQ: VISN) closed up 61.06 percent on Monday and traded about 2.3 million shares. The stock traded in the range of 5.51 - 9.10 yesterday. The company saw the unusual spike on no significant news. VisionChina Media Inc., through its subsidiaries, provides advertising services in the People’s Republic of China. It operates out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems.
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