China Direct (Nasdaq: CDII) 23% HIGHER; the company announces that a subsidiary, CDI Beijing International Trading Co., Ltd., has received a contract from Beijing Tianrun Construction Co, Ltd. for the delivery of various types of reinforcing steel bars. The contract has the potential to generate over $70 million in revenue over the next year.

Icagen (Nasdaq: ICGN) 20% LOWER; has provided an update on its ICA-105665: suspends enrollment due to a serious adverse event in a photo sensitivity study.

Level 3 Communications, Inc. (Nasdaq: LVLT) 8.1% LOWER; is offering $175 million aggregate principal amount of Convertible Senior Notes due