Active Movers: ING Groep NV (ADR)(NYSE:ING), Cree, Inc. (NASDAQ:CREE), Uranium Resources, Inc. (NASDAQ:URRE)

On Monday, Shares of ING Groep NV (ADR)(NYSE:ING), subtract -1.38% and closed at $12.17 in the last trading session. The last trading range of the stock ranges between $12.09 and $12.22. ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates through Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending, consumer lending, and lease products. It also provides mortgages; corporate, structured, and real estate financing services; financial markets products; and cash administration, transaction, and trade finance services, in addition to working capital solutions. It operates in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia.

Cree, Inc. (NASDAQ:CREE), dropped -0.74% and closed at $25.53 in the last trading session. The last trading range of the stock ranges between $25.53 and $25.97. The company’s Market capitalization is $2.61 Billion with the total Outstanding Shares of 100.85 Billion. Cree, Inc. (CREE) declares the new QLS6A and QLS6B LEDs, the industry’s brightest side-view LEDs optimized for gaming applications, delivering up to 66 percent higher luminous intensity than other side-view LEDs. The new side-view packaged LEDs facilitate clearer image displays for a better gaming experience and higher visual impact in pachinko, slot and other video gaming machines.

“Cree’s new QLS6A and QLS6B LEDs allow us to deliver a superior gaming experience to our customers and also to simplify our design and manufacturing processes,” said Motoaki Masaki, Optoelectronic Communication Technology Development Division Head, Energy Business Office, NAGASE & Co., Ltd. “The LEDs deliver high brightness and excellent far-field pattern and color mixing in an innovative compact package that does not block the background image. In Addition To, the pin configuration and size of the LEDs simplify design, providing greater control and simplifying the manufacturing process.”

The QLS6A and QLS6B deliver a typical luminous intensity of 2060 and 2493 millicandela (mcd), respectively. Built on a patented innovative package, with a shallow cavity that maximizes light output and facilitates better color mixing, the RGB (red-green-blue) QLS6A and QLS6B LEDs feature anode and cathode pins for each color to simplify design and provide greater control.

Uranium Resources, Inc. (NASDAQ:URRE), gained 4.69% and closed at $1.34 in the last trading session. The last trading range of the stock ranges between $1.25 and $1.36. During the 52-week trading session the minimum price at which share price traded, registered at $1.25 and reached to max level of $10.20. Uranium Resources, Inc. (URI) (URRE) (ASX:URI), declared recently that it has entered an amendment letter to extend its agreement with Laramide Resources Ltd. (Laramide) to sell URI’s Churchrock and Crownpoint properties in New Mexico until November 30, 2016 in exchange for an extension payment of $250,000 US in cash payable to URI on or before October 21, 2016.

Laramide formerly agreed to purchase the Churchrock and Crownpoint properties for $12.5 million under certain terms and conditions formerly declared.  Other than an extension of the date by which either party could terminate that Agreement from September 30, 2016 to November 30, 2016, no further changes are made to the Share Purchase Agreement dated April 7, 2016 filed with the SEC as Exhibit 2.1 to URI’s Form 8-K filed on April 8, 2016. The $250,000 to be paid on or before October 21, 2016 will be treated as a pre-payment of the $12.5 million purchase price once the transaction closes, and will not be refunded nor credited under any other circumstances.

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