3SBio to buyback $20M

Jennifer Schonberger | Mar 20, 2008 8:50am EDT | Comment

Rating: Unrated [rate it]

Chinese biotechnology company 3SBio Inc. (Nasdaq: SSRX) said after Wednesday’s close that it will purchase up to $20 million of its outstanding American Depositary Shares. Shares gained 6.6%, or $0.50, to $8.10 in pre-market trading.

For detailed price information and recent news stories about 3SBio, click SSRX.

About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau. Read More

Rate This Article:
(click a star)

Enter comment:

SSRX Fast Facts:

National City jumps on possible sale

Canadian Solar secures sales contract with Germany’s Systaic

Quest Software jumps on new CEO appointment, $400M buyback

Ceradyne inks $73 million order for body armor plates

The Cato Corp. posts 3% decline in September same store sales

The Children's Place gains 4.5% on flat September sales

The Bon-Ton Stores tumble to new 52-week low as borrowing increases

Liz Claiborne slides 3.7% on partnership end

Lindsay Corp. tumbles 5.4% on uncertain outlook despite strong Q4

Netgear hits new 52-week low on lower Q3 forecast

Stewart Enterprises plunges to new 52-week low as SCI pulls plug on acquisition

TEL Offshore Trust plummets to new 52-week low on Hurricane Ike impact

The Wet Seal climbs 5% on Q3 guidance despite lower sales

Stein Mart dips to new 52-week low on decreased September sales

Small caps power on after GDP reading

Small caps trade in narrow range after Fed rate cut

Small caps yo-yo in the red

Russell slips back into red midday

Russell plunges 6%, as recession fears grip small caps

Small Caps slip into red on profit-taking

Small caps poised to set wider losses into last trading hour

National City jumps on possible sale

The Cato Corp. posts 3% decline in September same store sales

Fred's posts 1.1% uptick in comparable store sales, lowers Q3 earnings outlook