Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) 36.5% LOWER; is lower as FDA briefing documents have been posted. Click here to see the FDA’s full report.

China Direct (Nasdaq: CDII) 28.2% 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.

Coffee Holding Co., Inc. (Nasdaq: JVA) 15.2% LOWER; reports quarterly EPS of 8c, down from 15c during the same quarter